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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. unveiled its next generation of operating software for ATMs, designed to integrate the now decades-old cash-dispensing machines into the digital age.

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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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Today In B2B: FLEETCOR's $1B M&A Plans; Statrys Lands Funding For SMB FinTech

PYMNTS

In particular, FLEETCOR is looking for companies to strengthen its position in the fuel, tolls, lodging, and payables spaces, and for companies operating in new regions. Greene said the merger slowdown is due largely to potential sellers being unable to convince buyers to pay “top dollar” during the ongoing pandemic recession.

Fintech 148
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Amazon’s Next Warehouse Will Specialize In Large Items

PYMNTS

One of those places is just outside of Atlanta, Georgia, though what’s stored inside won’t be hard to spot. ” Amazon currently employs more than 1,500 people in its Georgia warehousing operations, and the oversized Braselton facility will add to that tally.

Georgia 100
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

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Super-Sizing Commerce For The Super Bowl

PYMNTS

Super Bowl LI is less than 24 hours away from kicking off and deciding once and for all which city is better — Atlanta or Boston (though obviously it’s Boston — since the global headquarters for PYMNTS.com is located here). For sports fans, particularly football lovers, the real Christmas comes tomorrow. And then there’s Tom Brady.

Boston 100
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Super-Sizing Commerce For The Super Bowl

PYMNTS

Super Bowl LI is less than 24 hours away from kicking off and deciding once and for all which city is better — Atlanta or Boston (though obviously it’s Boston — since the global headquarters for PYMNTS.com is located here). For sports fans, particularly football lovers, the real Christmas comes tomorrow. And then there’s Tom Brady.

Boston 100