PYMNTS

MARCH 4, 2019

Council member and bill sponsor Ritchie Torres has said the ban is a way to make sure lower income communities, and those of color, are not shut out of marketplaces. And those stakeholders include ATM operators. The debate will likely get increased scrutiny and input from stakeholders. … and the Case Against Cashless.

Retail 129

Retail New York City New York New Jersey 129

Jeff For Banks

MARCH 3, 2018

Six years ago I asked in a blog post Will Plain Vanilla Kill Community Banking ? When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. They can be a strategic shift of your franchise, a new product line, or a new operating environment. Did I get caught up in the change-or-die crowd?

Apple 66

Apple Millennials Massachusetts FDIC 66

South State Correspondent

MARCH 15, 2023

Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio.

social media 195

social media FDIC Branding Management 195

PYMNTS

MARCH 2, 2018

Frankly, whenever miners arrive, communities aren’t so willing to roll out a red carpet — because, as neighbors go, miners are kind of a fizzle. Read, bitcoin is something of a public nuisance for the community, as miners have started showing up in droves to set up companies that can make use of the town’s unusually low power costs.

Bitcoin 104

Bitcoin cryptocurrency Taxes Community 104