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Community bank, fintech team up to serve gig-economy workers

American Banker

Somerset Trust in rural Pennsylvania has partnered with RoamHR, a financial platform that assists the self-employed, to add tax-withholding help for contract and temporary workers to the bank's services.

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Agora Services Debuts New Tools For SMB Banking

PYMNTS

Challenger bank Agora Services wants to address challenges with banking for small businesses with a new solution called Agora SMB, which will help them compete with bigger banks, a press release says. There will also be receipt managing sub-accounts for tax purposes, and other such perks.

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Today In Payments: Amex Grows BNPL Options; Facebook Unveils Commerce Accelerator Plans

PYMNTS

The DOJ has reportedly raised questions regarding possibly antitrust issues if Intuit, the TurboTax maker, takes over its past competitor that provided complimentary tax preparation technology. Google Expands Digital DDA Program To Six New FIs. BBVA On Google, Digital Banking And The Rise Of The ‘Everyday App’.

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The case for end-to-end digital lending

Independent Banker

Offering digital lending isn’t about the bells and whistles. Community bankers tell us why. First State Bank & Trust in Williston, N.D., started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Chris Jundt, First State Bank & Trust.

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The Biggest Banking, Regulatory Challenges For Today’s Entrepreneur

PYMNTS

and finance experts are celebrating with new data on the state of the entrepreneurial community. But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. National Small Business Week is this week in the U.S.,

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JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY

PYMNTS

JPMorgan posted second-quarter earnings on Tuesday (July 16) that showed strength in consumer-facing operations and double-digit gains in mobile customers, reflecting continued traction across digital banking efforts. And drilling down to unit contributions, consumer and community banking revenues were up 1 percent to $13.8

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Is Small Business Lending Facing a ‘Moment of Reckoning?’

Gonzobanker

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” In a recent American Banker. Source: DeBanked ). Technology Utilization.

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