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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

For example, Chime CEO Chris Britt recently said that unlike traditional banks that earn money off of fees and interest from loans, his company’s profits come mostly from card usage. The Atlanta-based company noted in a press release that its Activate Enterprise NextGen ATM platform was designed for speed and ease. On Monday (Oct.

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Community banks most likely to approve small business loans

Abrigo

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. This also means that rent growth will go negative in many markets.

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NEW REPORT: Can Subscription Services Meal Kit-ify Mental Health Services?

PYMNTS

After launching its Porsche Passport service last year in the Atlanta region, the company is reportedly looking to roll out the service on a national level. First, luxury automaker Porsche is looking to expand an existing subscription pilot. One such company is Localfit , a pioneer in the field of Fitness-as-a-Service.

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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters.

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Today In Payments Around The World: Cashfree Raises $35M From Apis Partners; InComm Payments Buys Todo Cartões

PYMNTS

In today’s top payments news around the world, Indian online payments platform Cashfree has landed millions in new funding to help fuel its growth, while InComm Payments has acquired Brazilian gift card processor Todo Cartões. InComm Acquires Brazilian Gift Card Processor Todo Cartões.

Payments 142
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The 2019 GonzoBanker Awards

Gonzobanker

Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. The 2019 Industry Oh Sh*t Moment Award – Goes to Apple and Goldman Sachs for the Apple Card launch.

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