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$175M Acquisition Turns Community Bank Into Fintech Player

Bank Innovation

Community banks can also play the fintech game. BankMobile — the digital bank, formerly a division of Customers Bancorp Inc. — was acquired by Flagship, a Florida-based community bank, for $175 million. “We We are no longer a partner or a division of […].

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Community Bank And FinTech Partnerships Gaining Traction

PYMNTS

Community banking may get a boost from technology, if recent activity is any indication. In Florida, reported American Banker – in the community banking realm – Seacoast Banking has paired with SmartBiz Loans to shorten the loan approvals process. They bank all these small businesses.

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Challenger bank brings digital edge to small business banking

BankInovation

Florida-based Locality Bank is partnering with banking core vendor Nymbus to provide integrated digital banking services to small business customers, launching this month with a focus on cloud-native community banking and lending.

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How Financial Institutions Focus on Customers Is Key

Abrigo

The community bank model is built around customer service, but for many bank and credit union customers, the definition of “good service” has been changing over the last couple of decades. customers than traditional retail banks earned in the firm’s study of retail banking satisfaction.

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Starling Bank Now Accepts Apple Pay

PYMNTS

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. Customers of Starling will be able to load their payment cards into their digital wallet before the physical card comes in the mail. to offer in-app provisioning for Apple Pay.

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Veteran Florida banker hired to lead digital startup in Puerto Rico

American Banker

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Why a small Florida lender built its account-opening software in-house

American Banker

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