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How community banks can address cybercrime

Independent Banker

Community banks have a choice about addressing the problem: Remain vulnerable or be vigilant. Fraud and cybercrimes continue to increase, causing challenges for community banks. But there’s plenty community banks can do to meet this challenge. Fraud and cyber attacks are on the rise, and at great expense to the industry.

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How Banks Can Better Use Grid-Based Pricing

South State Correspondent

Community banks can maximize profit and increase loan balances using innovative grid-based pricing for their commercial clients. Therefore, attracting long-term, stable, and lower COF deposits is paramount for community banks. However, grid-based pricing can also be used to increase deposit balances.

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Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up

PYMNTS

The company works with independent operators and gives drivers the opportunity to launch their own micromobility businesses. . “We We founded Bolt because we believe in micromobility as a movement that can transform the way people live and move within their communities,” said Usain Bolt , co-founder and Olympic Gold medalist.

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Retail banking trends to look out for in 2023

Independent Banker

ITMs and VTMs are popular retail banking innovations among community banks. We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. Community banks are constantly looking to the future and identifying what customers want. Jeff Versluys, One Community Bank.

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Hypur Enables B2B Payments For CBD eMerchants

PYMNTS

Electronic payments company Hypur, which targets the cannabis and hemp industries, has unveiled its online electronic payment solution for transactions within the hemp and CBD community. released earlier this year found the CBD market could see product usage grow 10 percent by 2025, valuing the sector at about $16 billion.

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How Spend Tools Feed Food Banks’ Need For Accountability

PYMNTS

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. billion in value by 2025.

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Today In Payments: Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation; BillTrust To Make NASDAQ Debut Today Trading As BTRS

PYMNTS

12) the launch of the Starbucks Community Resilience Fund, through which it will invest $100 million from now through 2025 to support small businesses located in minority neighborhoods, providing them with access to capital and mentorship. Starbucks Launches $100 Million Fund To Support SMBs. Starbucks announced on Tuesday (Jan.

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