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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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Federal Reserve To Launch FedNow Instant Payments System 

PYMNTS

The move was described by Kansas Federal Reserve President Esther George as the biggest infrastructure upgrade embraced by the Federal Reserve since the ACH system went online in 1972. Through the FedNow service, we hope to provide a modern infrastructure for the future of faster payments with safety and security for all,” Brainard said.

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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. Philadelphia.

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Onward Financial’s Employer-Backed Payday Loan Alternative

PYMNTS

In an effort to innovate a solution to these cash flow challenges, Washington founded Onward Financial. Founded in 2016, the firm ended 2018 as one of 10 firms nationwide to be awarded $1 million grants from the Rockefeller Foundation and the Chan Zuckerberg Initiative Communities Thrive Challenge.

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Hospital ERPs Find Promise In The Cloud

PYMNTS

Cloud technology is relatively old, considering the pace of innovation in the back office. However, that doesn’t mean every business has taken this seemingly basic first step in digital transformation.

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Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

They are built as a relationship bank serving the Korean community in LA and surrounding areas. and its subsidiary BofI Federal Bank aspire to be the most innovative branchless bank in the United States providing products and services superior to their competitors, branch-based or otherwise. BofI Holding, Inc. BNCCORP, Inc.

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Blooom Named “One in a Million” in Kauffman Foundation Startup Competition

Fintech Labs Insights

Just over a month after securing a $4 million in an investment round led by QED Investors , 401(k) innovator Blooom has been named “One in a Million” in the startup competition sponsored by the Kauffman Foundation. “All of the finalists were incredibly talented,” said Blooom CEO Chris Costello.

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