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Charles Potts: Fueling growth through innovation

Independent Banker

Demand for digital solutions continues to accelerate, making innovation an imperative for community banks looking to excel in today’s evolving market. That’s why ICBA makes innovation a priority and provides community banks with the information and tools necessary to grow and succeed in today’s competitive landscape.

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Union Savings Bank’s tech touch

Independent Banker

Community banks have long been a bastion of relationship-focused service. But what happens when a community bank makes the decision to put technology—specifically, AI—at the heart of its customer service strategy? For Union Savings Bank (USB), a $3 billion-asset community bank in Danbury, Conn., Assets: $3 billion.

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Bad Actors Emerge in PPP Lending – More Expected as Forgiveness Guidance Emerges

Abrigo

As expected, bad actors are surfacing, and financial crimes divisions of community financial institutions are struggling with the realization that loans rushed through may be fraudulent. In the case of the two men in Rhode Island, there were several red flags pointing to fraud. Manage PPP loans through forgiveness.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

RotoGrinders is a website that provides the DFS community with various bits of data, including game-specific weather forecasts. The betting platform – which is managed via DraftKings, which won the competitive bid for the project – has been operating since late December, and saw a spike in activity over the weekend.

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The PayPal Recipe

PYMNTS

From choosing the right partnerships to managing security and hacker threats, the company has, so far, managed to repel any incoming fire. Paul Parisi will be general manager of Canadian operations. Parisi was formerly VP and general manager of global commercial payments for American Express Canada.

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Season of Giving: How Financial Brands Are Leaving Their Mark

Social Assurance

The holidays are a time when communities come together to support each other and celebrate the bonds that bring us together. Through it all, community banking institutions have been there to support their neighbors. Covid-19 impacted every community across the nation and the world. The season of festivities. Give Financially.

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Hurricane Insurance: What is Covered & What is Not Covered

MyBankTracker

Rhode Island. This program is managed by the Federal Emergency Management Agency (FEMA) and offers policies through about 60 insurance providers. According to the FEMA website, “Flood insurance is available to anyone living in one of the 23,000 participating NFIP communities.” Connecticut. Mississippi.