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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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Blockchain’s Inroads Through National Frameworks And Trade Finance

PYMNTS

The move by Germany would follow at least some initial forays into exploring blockchain use from regions as far-flung as Britain and Singapore. which aims to improve productivity in its trade operations by testing modules, such as Receivable Finance and Payment Commitment (Payment Undertaking),” said the release.

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Not a Session at Acquire or Be Acquired: Culture

Jeff For Banks

Mike Butler of Radius, although a lifelong banker, came from outside of the region and implemented a business model and cultural change at his bank with new management and a "fast fail" innovation culture. Mike is from Cleveland. It is not lost on me that their CEO is also from outside of the industry and relatively new to the bank.