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NXTsoft’s Connectivity as a Service positions Financial Institutions to Capitalize on Unbundling

Bobsguide

As core providers separate out once amalgamated software, banks and credit unions have more flexibility than ever before to design the specific digital presence that will best serve the needs of their market. NXTsoft is headquartered in Birmingham and has offices in Atlanta, Orlando and Denver. info@nxtsoft.com?or

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Some SMBs Switched Banks When PPP Loans Failed To Come Through

PYMNTS

needed financial help in April as the pandemic led to a loss of customers, founder Pavia Rosati turned to her bank, Capital One Financial Corp., But the New York consulting firm was on its own because Capital One wasn’t prepared to accept applications for the Paycheck Protection Program (PPP) when it launched. That was it.

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NXTsoft Names Chuck Diulus as Chief Revenue Officer

Bobsguide

As NXTsoft continues its mission to foster open banking initiatives, providing financial institutions a way to leverage and integrate best of breed solutions, Diulus will work with NXTsoft’s direct sales, inside sales, marketing accounting teams and more to lead the go to market strategy for the organization. About NXTsoft.

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Teacher-Focused Homebuying Startup Lands $7.5M

PYMNTS

“Our mission is to help these people build financial security and help them remain committed to their communities,” Landed co-founder Alex Lofton said. “We Landed said it has helped 200 teachers so far in areas like San Francisco Bay, Seattle and Denver. We try to stay flexible to people’s realities.

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth.

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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

Denver, Colorado – Colorado Federal Savings Bank ($558 million). Flagstar capitalizes on going local, too. Leveraging the go local movement to boost a bank’s lending portfolio may be as simple as targeted marketing. • Charlotte, North Carolina – Park Sterling Bank ($263 million).

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” And quite frankly, I did not know there were so many tranches to mortgage-backed securities. We knew there was tremendous hubris in the subprime market.

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