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Now is the time to prepare for the FedNow launch

Independent Banker

The FedNow Service is launching in early 2023, giving community banks about a year to plan. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. With less than a year until the scheduled launch of the FedNow Service, community banks are still awaiting updates on specifics.

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FIS And The MiLB Play Ball For Their Second Year

PYMNTS

Or just to boo the Yankees (Boston-based baseball fans, mostly). The two entities have also recently announced they will be collaborating on merchant, back office and loyalty solutions for the minors through 2022. Minor league parks often have something of a unique relationship with their communities. John asked. Just ask Amex.

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Efficiency now: 8 smart strategy tips

Independent Banker

Fallout from recent global events presents an obstacle to generating revenue for community banks. Since COVID-19, profitability planning for community banks has mainly hinged on how the government was coping with the pandemic and the key role financial institutions played in keeping the economy afloat. By Elizabeth Judd.

Strategy 135
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2021 GonzoBanker Awards

Gonzobanker

Then right back to the impossible in 2022. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Through all this, First Farmers has remained disciplined in performance and squarely focused on customers and community. Like how does that play into our communities? Amazon will accept Venmo beginning in 2022.

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Are Retailers Ready For Amazon?s Prime Time?

PYMNTS

Then I went to Whole Foods on the North Shore of Boston Saturday morning to do some grocery shopping. I’ve been a Whole Foods shopper since I moved to Boston 17 years ago for the same reasons that each of you may be too: organic meat, seafood, produce and foods, great bread and cheese and a fun vibe. Prime Time at the Grocery Store.

Retail 156
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How Main Street Businesses Honed Their Survival Skills In 2020

PYMNTS

In June, less than half of SMBs surveyed by PYMNTS said they would survive into summer 2022 — as of the close of 2020, that figure is now up to 54 percent. Small businesses are the backbone of eBay, as well as the engine of jobs, progress and prosperity for communities across the U.S.,”

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The community banks standing by hospitality customers

Independent Banker

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. For other borrowers, the $596 million-asset community bank allowed deferrals of principal or, in some cases, full payment deferrals. Photo: R.J.