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Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index. Here, again, lies another opportunity for community banks to fill the void. We urge you to make such legislation a priority.”.

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Deposit Behavior In This Rate Cycle – Part III

South State Correspondent

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ). A graph for SouthState Bank appears below.

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Mastercard In Control Integrates With MineralTree

PYMNTS

. “MineralTree, integrated with Mastercard, is a great way for financial institutions to offer a product to their clients that eliminates the friction of everyday accounts payable, while driving working capital benefits.” That collaboration similarly involves the integration of Mastercard In Control.

Cards 138
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UK, US SMB Lending Experience A Growing Divide

PYMNTS

“This has been driven by a deterioration in the consumer credit environment since 2016, which affects smaller and younger companies,” the firm stated last week. both banks and alternative lenders say they’re experiencing an increase in small business loan volume. ” Meanwhile, in the U.S., and the U.K. .

Lending 144
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15 Minutes With … Jimmy Rasmussen

Independent Banker

I have served on the audit committee (yes—we are thoroughly audited) for the past three years and will be serving on the budget committee in 2016. IB: What perspectives do you and other board members provide to the Federal Reserve banks? Finally, I focus on economic news in our markets, which include five communities south of Houston.

Dallas 131
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How Can Regional and Mid-Tier Banks Catch Up to the Big Banks in Mobile?

Tech and Finance

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Mobile Banking Functionality Benchmark. The 2016 U.S.

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Bank Shareholder Liquidity Matters

Jeff For Banks

Suncrest started in 2008 with a $19 million capital raise, and did three small follow-ons of $5, $8, and $7 million to support growth. Ten years after opening Suncrest did another $25 million raise led by p/e firm Castle Creek Capital LLC. Having Ciaran onstage with Laura as a case study added credibility to the presentation.