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Banking

Hemorrhaging Mega Bucks in the Stock Market? Transfuse it Into Real Estate

Ted Papadopoulos | Posted 02.01.2016 | Business
Ted Papadopoulos

If you thought 2015 was a crazy year for fluctuating interest rates and all the inconsistent economic data being fed to us about the state of the US ...

Davos' FinTech Left One Innovation Out

Ella Thuiner | Posted 01.28.2016 | Business
Ella Thuiner

Today's IT infrastructures in banks have grown historically over decades. Creating a helicopter view of the IT landscape is sometimes impossible because it takes a large group of experts from different areas in a bank to talk to each other in order to get an overview.

Bopha Malone -- The Path to Greatness

Stacey Alcorn | Posted 01.26.2016 | Healthy Living
Stacey Alcorn

I sat down with Bopha Malone recently to find out what it means to be a leader, how she holds on to a culture she was torn from at a young age, and what it takes to build a bridge of culture and community from one end of the world to another.

Not Bystanders

William Spriggs | Posted 01.20.2016 | Black Voices
William Spriggs

As we reflect on Dr. Martin Luther King, Jr. Day, we think about African-Americans as agents of history. Well-documented gaps in unemployment rates, earnings, poverty and wealth too often lead to viewing African-Americans as bystanders to America's economy.

Banks vs. Fintech? No Contest, Banks Win

Rene Lacerte | Posted 01.14.2016 | Business
Rene Lacerte

The meteoric rise of fintech firms in recent years coupled with the surge of interest by already-established technology companies in the consumer payments space are nothing short of remarkable.

Moving Overseas for Love: 8 Financial Tips to Make Moving Abroad Easier

Lisa R. Mitchell | Posted 01.07.2016 | Business
Lisa R. Mitchell

Did Santa put an engagement ring in your stocking this Christmas? Or maybe you celebrated 2016 with a kiss and a wedding date. If these marriage proposals will include a move overseas, between talk of champagne, flowers, and packing, don't forget the most important discussion: Money.

Future of Banking: Will Google Or Amazon Be Your Future Bank?

April Rudin | Posted 01.06.2016 | Business
April Rudin

If you're a Millennial - that is, someone born between the years 1981 and 2000 - this imagined future probably doesn't seem far-fetched at all, as 73 percent of this generation would be more excited by a financial services offering from one of those five companies than from their own nationwide bank.

Iceland Has Jailed 29 Bankers. Why Can't the UK and US Do the Same?

Stefan Simanowitz | Posted 01.05.2016 | World
Stefan Simanowitz

Just before Christmas, the former CEO of Iceland's Glitnir bank and two other senior bankers were sentenced to jail terms of up to five years for market manipulation and breach of fiduciary duties.

Tamasha... Real or Reel Life?

Tarun Sakhrani | Posted 01.04.2016 | HuffPost Home
Tarun Sakhrani

Tamasha is a movie about a boy with a passion, with a fondness and a liking... more like a love, actually. It is about a boy who loves the theatre, w...

Virtual Project Managers as an Innovation for Managing Operational Risks

Ella Thuiner | Posted 12.29.2015 | Technology
Ella Thuiner

Future project managers will work on a virtual basis that enables them to better focus on what matters as well as to monitor and control operational risks mindfully. The picture below shall illustrate the business-related processes behind a financial instrument (for instance, as used by hedge funds).

Colorado Banking Case Tests Federal Drug Rules

AP | Igor Bobic | Posted 12.27.2015 | Politics

DENVER (AP) — A marijuana banking case set for arguments Monday is testing the federal government's stated goal of addressing the cash-only nat...

Millennipreneurs: Courting the Next Generation's 1%

April Rudin | Posted 12.17.2015 | Business
April Rudin

Everybody wants to crack the code when it comes to the millennials. The world's youngest generation of adults wields a huge amount of consumer spendin...

Marijuana News From the Budget Bill

Chris Weigant | Posted 12.16.2015 | Politics
Chris Weigant

Marijuana legal reforms are now becoming if not commonplace in Washington, at least solidly within the realm of the conceivable. Both Republicans and Democrats are beginning to realize that big changes need to be made in the federal government's decades-long War On Weed.

Creative, Innovative Banks of the Future

Ella Thuiner | Posted 12.08.2015 | Business
Ella Thuiner

I start with an introduction from the book "Banks of the Future". The book is a puzzle of new, inspiring knowledge from inside and outside of the bank...

What Jimmy Stewart Knew About Banking

Mike Cagney | Posted 12.07.2015 | Business
Mike Cagney

It might seem ironic that while the press is fixated on millennials, I'm citing a movie that was made in 1946 as an aspirational example of what banking could be.

The Social Fabric of Finance

Yee Lee | Posted 11.24.2015 | Business
Yee Lee

Isolated Lending Finds a Friend in Social Networking For decades the lending industry has tirelessly pursued the perfect equation to determine a bor...

Shadow Banking in China: A Morphing Target

Otaviano Canuto | Posted 11.18.2015 | World
Otaviano Canuto

China's shadow banking system thrived in the years after the global financial crisis, until reined in by regulators since 2013. Nevertheless, new forms of shadow banking are emerging.

Why Radical Thinking Is The Most Practical Way To Fix Inequality

Lynn Parramore | Posted 11.13.2015 | Business
Lynn Parramore

These taboos and fears also make us blind to the threat of out-of-control private debt and credit wasted on real estate and speculation rather than growth that lifts everyone. For Turner, thinking radically is the most practical way forward.

Current Trends in Bank M&A: 2015 Outlook for M&A

Mary Ellen Biery | Posted 11.10.2015 | Business
Mary Ellen Biery

Guest Post by Elise Hauser, Product Manager, Sageworks. In a recent survey by Crowe Horwath 66% of bankers felt that 2014 was a better year for bank ...

Wells Fargo Wants to Let You Make Million-Dollar Wire Transactions with Your Face and Voice

Tarun Wadhwa | Posted 11.06.2015 | Technology
Tarun Wadhwa

"My voice gives me access to proceed, please verify me," I announced to the phone in my hand. It scanned my face to see if my lips were moving. I then read aloud series of numbers. The voiceprint was a match, and the app unlocked itself - the demonstration was a success.

I (Shall Happily) Accept the 2016 Nobel Prize in Economics on Behalf of Satoshi Nakamoto

Bhagwan Chowdhry | Posted 11.06.2015 | Business
Bhagwan Chowdhry

I am completely serious in suggesting Satoshi Nakamoto for the Prize. The invention of bitcoin -- a digital currency -- is nothing short of revolutionary.

5 Principles to Restore Trust in Banking

Keith Mestrich | Posted 11.04.2015 | Impact
Keith Mestrich

In today's America, bankers are often seen as uncaring, and media portrayals reflect a view that banks put hardworking people on the streets. Our industry, which should be a key part of helping people achieve their economic and financial goals, has lost consumer trust.

How Bernie Sanders Plans to Transform the Postal Service and Help Millions in Poverty

Michael Sainato | Posted 11.03.2015 | Politics
Michael Sainato

Millions of low-income Americans depend on check cashing institutions, pawn shops, and payday loans to fulfill much of their banking needs. These places are notorious for ripping people off and serves as one of the countless barriers that keep poor people impoverished.

Indonesia Is on Fire. Here's How Goldman Sachs Responded

Glenn Hurowitz | Posted 11.08.2015 | Green
Glenn Hurowitz

The idea behind these sustainable finance policies is that they're supposed to drive positive change in the industries that are hungry for bank loans or underwriting services. But in Goldman Sachs' case, its policies actually lag those of their customers.

Want to Grow the Economy? Time to Unleash the Devil.

Lynn Parramore | Posted 10.30.2015 | Business
Lynn Parramore

Adair Turner discusses his new book, Between Debt and the Devil: Money, Credit, and Fixing Global Finance and the critical questions -- and radical solutions -- that can help lift the economy for everyone.