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FDIC Recruits Microsoft & Truist to Build a Fund for Minority-Owned Banks

The Financial Brand

An unusual alliance, inspired by 'Shark Tank,' aims to address capital needs to help maintain banking access in communities of color. The post FDIC Recruits Microsoft & Truist to Build a Fund for Minority-Owned Banks appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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How Proposed Capital Rules Could Hit Credit Cards, Mortgages and More

The Financial Brand

This article How Proposed Capital Rules Could Hit Credit Cards, Mortgages and More appeared first on The Financial Brand. This article How Proposed Capital Rules Could Hit Credit Cards, Mortgages and More appeared first on The Financial Brand.

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Fintech Deals Are Still Happening – and It’s a Good Thing

Gonzobanker

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. customer impact. Unnamed Industry Heavy, March 2020.

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Pandemic Supply Chain Pivots, Cross-Border Conversion, P2P Payments Top This Week’s News

PYMNTS

FDIC: US Banks See Chargebacks Soar, Profits Tank Due To Pandemic. There is a rush to capitalize on a digital shift powered by the pandemic, and it isn’t about providing physical a digital channel. Visa, Facebook Link Up For P2P Payments, eCommerce On WhatsApp. Bank profits in the United States took a 69.6 Why Digital’s 3.0

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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

He pointed to brands and merchants like Dunkin and Dollar General, marked by underserved populations that could benefit by better economics than has been seen with prepaid cards or payday lending. But a national charter would allow for a uniformity of presence and market scope.

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What Makes an Effective Community Banking Board?

Jeff For Banks

This might be explained by the capital formation process, where a low performing bank gets equity injections and those folks go on the board. And it doesn't matter if they are in Ag Supply or are the brand manager for the Dallas Cowboys. Frequently asked. Seldom answered. Perhaps not. What are your thoughts on an effective board?

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What Makes an Effective Community Banking Board?

Jeff For Banks

This might be explained by the capital formation process, where a low performing bank gets equity injections and those folks go on the board. And it doesn't matter if they are in Ag Supply or are the brand manager for the Dallas Cowboys. Frequently asked. Seldom answered. Perhaps not. What are your thoughts on an effective board?