article thumbnail

St. Louis Fed Pushes For Mass Testing Over Quarantine

PYMNTS

James Bullard, president of the St. Louis Federal Reserve, estimated that the quarantine is costing the U.S. We should be thinking about risk management,” Bullard said, according to a Tuesday (April 14) report in the St. Louis Business Journal, citing a virtual conference by the St. Louis Regional Chamber.

St. Louis 132
article thumbnail

RedCard, Zelis Merge To Optimize Healthcare Payments

PYMNTS

Combined, Zelis and RedCard serve over 700 payer clients, including the top five national health plans, and more than 600,000 providers. The merged company will be led by the existing management teams, with Doug Klinger serving as chief executive officer and Joe DiMartini and Eric Schaefer appointed to senior executive roles.

St. Louis 161
Insiders

Sign Up for our Newsletter

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

article thumbnail

How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans

Abrigo

Community financial institutions adapting Community banks are in a challenging economic environment characterized by declining loan demand, abundant liquidity, and narrower net interest margins, according to the 2021 Conference of State Bank Supervisors’ National Survey of Community Banks. Siems, Jonathan A.

Lending 195
article thumbnail

FICO Kicks Off Consumer Financial Education Program, “Score A Better Future”

FICO

Last week, FICO kicked off its Score A Better Future program with a community event focused on credit education at Harris-Stowe State University in St. We partnered with a number of organizations focused on financial education and empowerment initiatives to bring the initial event together, including Justine PETERSEN , a St.

article thumbnail

Fed reported to have reservations about fintech charter

CFPB Monitor

Last July, the OCC announced its decision to accept applications for special purpose national bank (SPNB) charters from fintech companies. Reuters reports that “many Fed officials fear that these firms lack robust risk-management controls and consumer protections that banks have in place.” The article quotes the President of the St.

article thumbnail

Bitcoin Tracker: Up, Up And Away?

PYMNTS

First, bitcoin has managed to stay above $1,000 for a record 10 days, leading some to speculate that the cryptocurrency could be developing a new, $1,000 price floor — though it may still be too early to tell. recently announced the placement of three new machines in St. The cryptocurrency’s maximum value, reached on Nov.

Bitcoin 194
article thumbnail

5 ways to shake up your lending strategy

Independent Banker

Learn about forthcoming events » Especially as market conditions change, lenders need to focus more on the customer experience, says Emily Sayer, national sales director for market research firm Avannis in Centennial, Colo. David, president of Community Bank Consulting Services, Inc. Cheryl Winokur Munk is a writer in New Jersey.

Lending 103