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Community Banks Debut FinTech Alliance

PYMNTS

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Among the names joining up are Citizens & Northern Bank (based in Pennsylvania), Inland Bank (Illinois) and Lincoln Savings Bank (Iowa).

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Wells Fargo Taps Former Mastercard Exec To Run Merchant Services

PYMNTS

Taylor also previously worked at Capital One, Chase Manhattan Bank and JPMorgan. She graduated from Spelman College and earned her MBA from The Wharton School at the University of Pennsylvania. Her first day will be Aug. 26, and she will be based in New York City. Last month, Wells Fargo also added four new executives to its roster.

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Widening Borrower Protection’s Scope To SMBs

PYMNTS

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. On top of that, MacKrell said the government is not sufficiently enlightening the small business community about the risks of online lenders.

Lending 136
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Bankers: Seven Questions to Determine If You Have a Strategic CFO?

Jeff For Banks

The CFO's role then is to make sure that capital is available at the right cost for these choices to be profitable, and that the company has processes and decision making rules for capital allocation to support that growth." For example, regulations in financial services impose new constraints on banks.

Capital 78
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Top 5 Total Return to Shareholders: #3 ESB Financial Corporation

Jeff For Banks

The rest of this post goes to our number 3 bank: #3: ESB Financial Corporation (Nasdaq: ESBF) of Ellwood City, Pennsylvania ESB started in 1915 as the Ellwood Federal Savings and Loan in Ellwood City. She didn''t say anything about economies of scale, regulators, or leading edge technology.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 194
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The 2018 GonzoBanker Awards

Gonzobanker

Goes to Greg Smith, retiring CEO of Pennsylvania State Employees Credit Union. CVB Financial acquires Community Bank. With active investment and community engagement, Hispanic membership growth at ICCU is now more than twice the rate of other household segments. Capital One quit mortgage late in 2017. Bravo Green Machine!

Fintech 102