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Community bank, fintech team up to serve gig-economy workers

American Banker

Somerset Trust in rural Pennsylvania has partnered with RoamHR, a financial platform that assists the self-employed, to add tax-withholding help for contract and temporary workers to the bank's services.

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Banks seek more fintech help for PPP's next phase

American Banker

After tech firms assisted community bankers in processing applications in the Paycheck Protection Program, small-business lenders are continuing to engage with cloud providers and other outside companies to automate the loan forgiveness process.

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B2B FinTech On The Cusp Of Change

PYMNTS

Explore how B2B FinTech is on the cusp of change as we break down all of the statistics and surveys below. 200 community banks have cut ties with Lending Club following the sudden departure of the alternative lender’s CEO and the subsequent hit to share prices, which reverberated across other alt-finance players.

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Wave Financial bundles bookkeeping and banking in one account

American Banker

The maker of accounting and invoicing software is, with the help of a community bank, the latest fintech to cater to small-business owners.

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‘There will be hundreds of fintech failures’

American Banker

Jane Gladstone, new president of Promontory Interfinancial Network, says the recession will accelerate the shakeout among the nonbank disruptors and that small banks have an opportunity to forge new bonds with the survivors.

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Banks: sink or swim with FinTech players

Banking 2020

Banking institutions must engage with emerging financial technology (FinTech) companies or risk being left behind by an industry that is currently undergoing one of the largest transformations ever seen. In the past five years, the number of FinTech companies and non-traditional payment providers looking to enter the sector has boomed.

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Small banks turn to German fintech for deposit-gathering help

American Banker

SaveBetter.com from Deposit Solutions lets consumers shop for different savings products through one portal and provides national exposure for participating banks, which include Ponce Bank in New York and Central Bank of Kansas City.