article thumbnail

How To Do Better Against National Bank Lending Competition

South State Correspondent

Many existing community bank customers and prospects are also national bank customers. There are now many online, nationally-focused lenders that are capable of an entire virtual relationship. The peer group is 257 banks between $500mm and $1B in assets in the mid-west.

National 195
article thumbnail

Restaurant Industry Group Pushes For COVID Vaccine Access

PYMNTS

According to CNBC , the National Restaurant Association wants to get more access for food service workers to be vaccinated, although restaurants are unlikely to make it a requirement for workers. They’re behind high-risk healthcare workers, the elderly and frontline essential workers.

Industry 272
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital Services Mean Every Bank Is a National Bank

Bank Innovation

Pittsburgh-based PNC Financial Services Group is making a significant digital push this quarter, and highlighted a number of areas this is benefiting the bank’s consumer business. But the most significant revelation from the company’s earnings call yesterday may be that digital banking allows any bank to become national.

National 302
article thumbnail

Retailers Expect 26 Pct. Spike On National Returns Day

PYMNTS

As online shopping powers a forecasted 26 percent year-over-year volume surge on National Returns Day, the United Parcel Service (UPS) foresees shipping 1.9 In some categories, the return rate is near 50 percent due to inconsistent sizing across brands, per IHL Group Founder and President Greg Buzek.

National 131
article thumbnail

Today In Digital-First Banking: Ukrainian Bank Teams With FinTech Startup; Oportun Pursues US National Bank Charter

PYMNTS

In today’s top news in digital-first banking, Ukrainian financial institution UKRSIBBANK is collaborating with Sweden-based FinTech upstart Dreams, while Oportun Financial is pursuing a national bank charter with the Office of the Comptroller of the Currency (OCC). Plus, N26 is launching a subscription-based online banking suite.

National 161
article thumbnail

Super Bowl Countdown Brings New Online Gambling Action From Barstool

PYMNTS

29), has Penn National Gaming Inc. Penn National reportedly will spend another $62 million or so over the next three years to increase its stake to 50 percent of Barstool Sports. Penn National reportedly will spend another $62 million or so over the next three years to increase its stake to 50 percent of Barstool Sports.

Online 131
article thumbnail

ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The community bank provided nearly 480,000 PPP loans totaling more than $13 billion to businesses across the nation. “I