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Is Small Business Lending Facing a ‘Moment of Reckoning?’

Gonzobanker

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” While online lenders Kabbage and OnDeck lent $2 billion and $2.5 In a recent American Banker. Source: DeBanked ).

Lending 126
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The Beauty Of Being Brandless

PYMNTS

They tend to like quality, have a strong preference for shopping online and enjoy a good bargain – but when it comes to buying from a specific brand? It was an insight that pushed Brandless CEO and Co-founder Tina Sharkey to rethink an online commerce offering in a very fundamental way, by eliminating what she calls the “ brand tax.”

Branding 103
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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

At around $75 per year for unique visitors, it’s multiple times more expensive to service customers compared to other alternatives such as online, mobile, or phone. The operative question is: given online and mobile banking, what is the new role of the branch? The goal is to create energy and engagement.

Data 195
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Elder Fraud: 5 Ways to Protect the Ones You Love

FICO

If it’s not possible to get this list, the elder’s mail and previous tax returns will be very helpful. The Guide offers useful planning tools, templates, and exercises. This task should be executed legally, including filing paperwork, in the correct jurisdiction. Where are the family member’s financial accounts?

Fraud 52
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Building A More Compliant Cannabis Industry With The Blockchain

PYMNTS

Florida, which recently legalized medical marijuana, saw its issuing of state ID cards slowed dramatically because Bank of America rather adamantly refused to touch online payments for medical marijuana cards. And so, when we talk to the community, we are seeing a lot of demand of a different solution that provides more function.”.

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Cybersecurity Spring Cleaning Checklist 2023

Ublocal

With tax season in full flow, stay safe and spring clean your physical and digital data, strengthen your passwords and keep cybercriminals at bay. Check the strength of your passwords using online tools like bitwarden’s Password Strength Tester. Think about using a password manager.

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BankBazaar Weighs In On Working From Home Amid COVID-19

BankBazaar

Earlier, when I was working from home and everyone else was in the office, most of the day was spent in meetings, and often, I’d have to work late to complete ‘my work tasks’ However, since the lockdown, online meetings have become much more efficient (shorter and to the point) as people are more focused.”

Meeting 78