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Community banks most likely to approve small business loans

Abrigo

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

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Sweetgreen Reverses Cashless Approach

PYMNTS

Critics contend that cashless stores impact those that don’t have credit cards, bank accounts or like to pay via cash, The New York Times reported. To accomplish our mission, everyone in the community needs to have access to real food.” for the community, the company and the customer. city to do so, per reports.

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Philly Mall Owner Sets The Tone For Digital 3.0

PYMNTS

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective. Coradino , CEO of PREIT.

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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. First Community Bank of the Heartland, Inc.

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Uber Eats Updates Its App To Pay Tab While Dining In

PYMNTS

USA Today reported the “Uber Eats Contactless Order Feature” allows users to pay the tab with the app while at a restaurant to eliminate the use of bill holders, credit cards and pens. The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C.

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How Main Street Businesses Honed Their Survival Skills In 2020

PYMNTS

For example, Philadelphia restaurateur Tamekah Bost told PYMNTS in a digital round table discussion that the secret to staying alive in 2020 has been openness to reinvention at a moment’s notice. Aid has notably come in from all corners, particularly the card networks.

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Apple Pay’s Latitudinal Reach

PYMNTS

and Visa and debit cards for Desjardins shoppers in Canada. First Community National Bank. Philadelphia Federal Credit Union. Apple is growing its support network by announcing that Apple Pay will expand to 26 new banks and credit unions in the U.S First Bank of Missouri. First Credit Union. First Flight Federal Credit Union.

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