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Why community banks should partner with fintechs

Independent Banker

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

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Clear Mountain Bank reaches new heights

Independent Banker

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Clear Mountain Bank is embracing flexibility, innovation and collaboration as it continues its ascent as a small-business connector in West Virginia.

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments. PYMNTS explores these stories and others in this week’s Payment Rail Innovation Tracker. RTP Gains Community Bank Traction.

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Walgreens And Wing Team Up For Drone Delivery

PYMNTS

Wing is the first drone operator to be certified by the Federal Aviation Administration as an air carrier, and the drone delivery service will be available to eligible residents in Christiansburg, Virginia, starting in October. . 19 release. . Department of Transportation’s Integration Pilot Program, starting in 2016.

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Local Governments Move In On Retail Vacancies

PYMNTS

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location.

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Rebeca Romero Rainey: We flourish in times of change

Independent Banker

“When community bankers join their voices, they are a powerful force, taking the industry to new levels.”. For years, ICBA has advocated for the Federal Reserve to play an operational role in real-time payments. A Fed-operated real-time settlement system means there will be industry-wide access to real-time payments.

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Drone Delivery Makes Steady Progress

PYMNTS

Two primary concerns dominate the conversation about integrating drone technology into German communities: safety and environmental impact. Meanwhile, pressure has been mounting to streamline drone use to deliver vital goods, support social distancing and enable essential workers to operate with greater efficiency and efficacy.”.

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