Remove Cards Remove Community Remove Community Bank Remove Florida
article thumbnail

Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Photo by Linkes Photography. By Ed Avis.

article thumbnail

Apple Pay Now Supported By 21 New Financial Institutions

PYMNTS

Apple also launched its Apple Pay Cash card — Apple’s digital debit product. Funds sent through the P2P service will be sent to the card. From there, they can be sent back to customers’ bank accounts. What we do know is that it won’t work unless both parties have an iPhone, iPad or the Apple Watch.

Apple 102
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Starling Bank Now Accepts Apple Pay

PYMNTS

Starling Bank, the digital-only U.K. bank, has now added Apple Pay support as an online payment method, which means customers can add their Starling debit card to Apple Wallet. Starling Bank is the latest of a string of banks in the U.K. The digital bank says it will be the first in the U.K.

Apple 100
article thumbnail

The 2022 GonzoBanker Awards

Gonzobanker

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to Sen.

Community 216
article thumbnail

Half Of Payments Executives Are Focused On Peer-To-Peer (P2P) Payments

PYMNTS

Functioning properly, contract workers can reportedly be paid “within minutes” directly to a debit card. According to a report, the new group of banks to now support Apple Pay include American Eagle Financial Credit Union, Central Virginia Federal Credit Union and Community Bank & Trust of Florida, among others.

Payments 144
article thumbnail

Community Spark Award: What We All Could Learn

Social Assurance

In 2020, Social Assurance launched its Community Spark Award to recognize banks and credit unions making a significant difference in their local areas through unique community support, volunteerism, philanthropy and development initiatives. Be there for, and count on, your community when it matters most. COVID-19 Support.

article thumbnail

A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

Mortgages and Credit Cards and Student Debt…. Outstanding credit card debt is at the second highest point seen since the end of 2008, and total outstanding debt stands at $1 trillion. As for lending to businesses, banks have still been a bit hesitant to lend to smaller firms. Mortgages ? trillion. consumers.

Lending 148