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Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink

PYMNTS

Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Nikki Smith, a baker and caterer in Oregon, collected $96. bank profits are expected to sink. About 300 SMBs Received Less Than $99 In PPP. 11) announcement.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls. Dakota Community Bank & Trust, National Association. Two years ago, Lead Bank and Self expanded the program to include a secured credit card. Ag Lender Score. Mason City. Iowa State Bank. Iowa Falls.

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The Whole Paycheck Tracker: Bringing SNAP Recipients Into The Digital Fold

PYMNTS

The big news of the week, the USDA’s decision to start officially moving forward with digital ordering and delivery capacity for 38 million or so Americans enrolled in the Supplemental Nutrition Assistance Program ( SNAP ), hit both retailers, as they are two-thirds of the grocery participants in the initial New York-based pilot round.

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End-Of-Summer Edition: Retro Malware, Bitcoin’s Surge ‘N’ Split And Apple Watch Sees Other People

PYMNTS

PST in Oregon and 2:48 p.m. The malware is known as the Faketoken Android Trojan , a mobile banking malware designed to steal credentials such as name, credit card number and CCV, amid other information. This week, Americans will have something of a rare opportunity in the digital age: The chance to all do the same thing at once.

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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

Those who are unbanked pay to cash their checks, to get money orders to pay their bills and to buy and use prepaid cards. The rollout will be small, limited to seven states: New Jersey, New York, Pennsylvania, Maryland, Washington, Oregon and Iowa. Consumers who can’t maintain a minimum checking account balance pay monthly fees.

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Data Dive: And The Winner Is Edition — SMBs Worldwide, DoorDash And Gun Regulation

PYMNTS

By offering QR-based digital payments, smaller retailers can achieve these goals and create greater customer stickiness with little to no investment beyond the phone they already have,” said Jorn Lambert, EVP, Digital Channels and Regions, Mastercard. The goal, quite simply, is to begin flipping all those cash payments into digital payments.

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GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail. THE BANKING AWARDS.