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Community Banks Debut FinTech Alliance

PYMNTS

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Guidelines From The UK. The guidelines are being developed by the British Standards Institution, reports said last week. “We

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Perficient is Proud to Sponsor STL 50/50 Fundraiser

Perficient

Louis region. Givable’s philosophy is to empower individuals, families, and businesses to make a difference in their community by making philanthropy more accessible. STL 50/50 is a regional online 50/50 raffle held every month beginning December 1, 2020. Louis Region? Each raffle benefits a different St. com website.

St. Louis 322
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How to Practice Loan Pricing Discipline

South State Correspondent

Community bankers need to practice realistic loan pricing discipline. However, we need to understand the meaning of pricing discipline and its effect on community bank performance. This is strong evidence that community banks are pricing to an arbitrary minimum credit spread in this set of loans.

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Data Sharing, XaaS Target SMB Financing Efficiencies

PYMNTS

Currencycloud is connecting regional banks to advanced FX and global payments technologies, while the firm’s founder, Nigel Verdon, is also targeting Banking-as-a-Service with his new startup, Railsbank. Plaid is unlocking payroll data to ease access to federal financing. Deloitte, Unqork, Plaid Debut Lending-as-a-Service Tool.

Data 167
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Collaboration Is Key For Consensus On Cross-Border Payments

PYMNTS

Different regions have their own unique payment rails, and no two abide by the same regulatory framework. Other initiatives are being spearheaded across regions. APIs serve as bridges connecting national or regional real-time payment rails. So, what’s the problem?

Payments 190
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Facebook Faces Billions In Possible GDPR Fines

PYMNTS

Also in Europe, the European financial markets regulator has said that it wants to spend one million euros to promote market stability in the region as pertains to cryptocurrencies and FinTechs. That document focuses on budgets and regulatory efforts across the region. community banks and small business lending.

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Saving Main Street: College Towns Deal With Economic Devastation

PYMNTS

Almost overnight, colleges closed their doors, sent their students home, suspended construction projects, and cancelled sporting events, graduations, and reunions — at enormous cost not only to the colleges themselves but to their home communities. Canceling commencement cost South Bend, Ind., Amherst, Massachusetts is one of those towns.

Maine 144