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5 payments trends you should know about

Independent Banker

Here’s how community banks can enhance their payments offerings. of banks’ revenues come from payments. Payments account for up to 30% of bank revenue, and that income stream is under attack. billion-asset Bank of Tampa in Tampa, Fla. Chris Doyle, Texas First Bank. Photo by Juan Moyano/Stocksy.

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Rebeca Romero Rainey: Embrace the opportunity

Independent Banker

Today, community bankers hold a place at the digital payments table, both as drivers of change and as witnesses to the flurry of activity. From the forthcoming FedNow real-time payments service to card innovations and P2P opportunities, a plethora of new digital payments offerings now must factor into business strategies.

Tampa 87
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CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory Council. New members to the Consumer Advisory Board will serve three-year terms and new members to the Community Bank and Credit Union Advisory Councils will serve two-year terms.

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2021 GonzoBanker Awards

Gonzobanker

Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Based on a clearly defined strategy, this team has established a dedicated fintech group that offers services ranging from BaaS to sponsoring card issuance and lending, to providing crypto services, to offering niche partnerships to the gaming industry. 82% to over 2.3%

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