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Why Community Banks Need To Stay In The Payment Game

South State Correspondent

Yesterday was the first anniversary of Apple Pay while the past 60 days saw the release of Android Pay and Samsung Pay. It is important to understand your investment horizon, as if your bank plans on selling in the next five years, then why go through the cost and hassle of registering your cards on each platform.

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Google Pay Adds 29 US Banks To Mobile Payment Service

PYMNTS

Community Bank of the Bay. Community First Credit Union (OH). Evans Bank. Federated Bank. First Bank of Boaz. First National Bank of Milaca. Grand Savings Bank. Greater Cleveland Community Credit Union. Greenleaf Wayside Bank. Hometown Community Banks.

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Mobile payments – opportunities and obstacles

NCR

A ‘table-stakes offering’ The Debit Issuer Study encompassed 72 FIs – including large banks, community banks and credit unions – and found that more institutions are making it possible for customers to complete point-of-sale (POS) transactions with a mobile phone.

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5 Payments Themes Bankers Need to Watch in 2018

Gonzobanker

What bankers can control is net new checking accounts, active cards in wallet, and transaction volumes per month. But many community banks and credit unions have done very well targeting market segments that respond to cash-back programs, or no rewards program at all. Sure, airline and hotel rewards junkies are out of reach.

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Mobile payments – opportunities and obstacles

NCR

A ‘table-stakes offering’ The latest Debit Issuer Study encompassed 72 FIs – including large banks, community banks and credit unions – and found that more institutions are making it possible for customers to complete point-of-sale (POS) transactions with a mobile phone. With about 3.5

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Innovation All the Time

Independent Banker

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. billion-asset, 85-branch community bank based in Rockland, Mass., is not typical.

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Card Safeguard

Independent Banker

Tokenization returns to card-security spotlight after smart chips. Now that many community banks have issued credit and debit cards with anti-skimming smart chips, the industry is returning to an earlier focus on another card security measure: tokenization. By Elizabeth Judd and Tim Cook.

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