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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

How can community financial institutions thrive in 2021? Community banks provide unique and important banking services for their customers, but they also face significant obstacles. Takeaway 1 Community banks play an important role in the economy and their communities, but they face significant obstacles.

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The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success. Kansas City.

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Charles Potts: Opportunities in the fintech landscape

Independent Banker

A convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year. For community banks that have yet to start evaluating digital solutions and providers, now is the time to act. Seize the moment to explore innovation.

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Tech Center: Fishers Deepens Its Technology Innovation By Launching IoT Lab

PYMNTS

Technology innovation can happen at any place at any time. As rental prices for prime real estate in large cities continues to rise, startup companies and innovation centers look to the surrounding areas. Not too far outside of the city of Indianapolis, Indiana is the city of Fishers.

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Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

The COVID-19 pandemic is taking a tremendous toll on communities across America,” Brainard said. However, Kansas City Fed chief George said the system will initially focus on domestic movement of money and won’t include cross-border transactions. In a Thursday (Aug. FedNow Will Augment Private Systems, Not Replace Them .

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Back to school

Independent Banker

Blue Ridge Bank uses one of its new branch locations as an innovative, hands-on classroom for local high school students. are getting a behind-the-scenes look at the world of community banking thanks to an innovative partnership between Blue Ridge Bank and Trust Co. Introduction to community banking. By Beth Mattson-Teig.

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Congress Presses Fed On Real-Time Payments Plan

PYMNTS

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow , its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. House Committee on Financial Services Task Force on Financial Technology held a hearing Thursday (Sept.

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