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Nonprofit Supports Community Entrepreneurs Amid Pandemic

PYMNTS

Quite the contrary,” says Bob Brennan, chairman of the National Expansion Council and one of the directors of a nonprofit organization called Entrepreneurship for All (EforAll) based in Boston, Massachusetts. “I It stands to reason that hopelessness – or at least a plan B – would start to set in. And what is that model?

Community 148
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How to reduce the regulatory burden on community banks

Abrigo

In recent months, the momentum around reducing the regulatory burden on the nation’s community banks has continued to gain steam. However, the regulatory landscape continues to evolve, leaving resource-constrained community banks to cope with new demands. The second idea is community bank exemption from the Volcker Rule.

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Amazon Sidewalk Eyes IoT Beyond The Connected Home

PYMNTS

The movement toward stitching smart homes together to form “smart neighborhoods” hints at connectivity that extends beyond individual consumers to entire communities. But he noted that Sidewalk would “struggle to match 5G’s national coverage.” The company has said the network enhancement is available at no charge.

Boston 210
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Entrepreneurial Upscale Chefs Are Plating Recovery Plans

PYMNTS

Quick-service restaurants (QSRs), fast casual eateries and fast-food drive-thrus keep dominating headlines throughout the pandemic as a nation is understandably obsessed with staying fed on lockdown and after, when breathing the open air still feels oddly risky.

Boston 205
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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

A common example of a generative AI-driven tool that many in the financial services industry are familiar with is ChatGPT, which can produce coherent and diverse texts on various topics. An example of a use case for predictive AI is Signature Bank of Georgia ’s addition of AI-driven check fraud detection software that finds fraud faster.

Examples 221
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Will The Fitness Industry’s Digital Shift Stick Once The Pandemic Is Over?

PYMNTS

There’s nothing like being in a class physically with a community and an instructor. Peloton, for example, took the market by storm with its connected fitness bikes that allow members of the greater community to tap into live classes and pre-recorded content with fellow riders from around the world. It’s not the same, right?”

Exercises 141
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The community bank’s complete guide to building trust

Independent Banker

But for most community banks, building a trustworthy brand isn’t a conscious effort. So first, we’ll look at how two community banks have become trusted pillars of the community through charity work and good old?fashioned billion-asset community bank. Build your community. It’s in their DNA.

Community 139