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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.

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Facebook Faces Billions In Possible GDPR Fines

PYMNTS

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. Crypto Regulations.

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What’s Trending So Far In 2016

PYMNTS

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Financial Inclusion.

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Data Dive: And The Winner Is Edition — SMBs Worldwide, DoorDash And Gun Regulation

PYMNTS

By offering QR-based digital payments, smaller retailers can achieve these goals and create greater customer stickiness with little to no investment beyond the phone they already have,” said Jorn Lambert, EVP, Digital Channels and Regions, Mastercard. In spring 2018, participating U.S. In spring 2018, participating U.S.

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EU Court Rules Airbnb Doesn’t Need Estate License

PYMNTS

eCommerce platforms have to abide by regional rules and that could make it harder for Airbnb to do business. . “We We welcome this judgment and want to move forward and continue working with cities on clear rules that put local families and communities at the heart of sustainable 21st-century travel,” Airbnb said. “We

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SMB Underwriting Slowed As Demand Fell Off At The End Of 2017

PYMNTS

That finding comes care of data gathered by 12 regional Federal Reserve banks in a survey conducted over the third and fourth quarter of 2017. lost more than a quarter of its community banks, according to the Federal Deposit Insurance Corp. While the lull is notable, there are signs credit is starting to flow more easily to SMBs.

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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. The 2016 U.S. Or at least they should be. Mobile Banking Functionality Benchmark.