Remove Community Remove Marketing Remove Maryland Remove Operations
article thumbnail

Maryland Community Bank Wades Into Cannabis Market

PYMNTS

As more financial institutions (FIs) warm up to the idea, one bank in Maryland is taking significant steps to address cannabis companies’ FinServ challenges. Reports in The Washington Post this week profiled Severn Savings Bank, a community bank in the state that is said to be providing services to legal marijuana businesses.

Maryland 104
article thumbnail

The community bank guide to FedNow resources

Independent Banker

As community banks navigate this process, there are plenty of resources available to answer questions and provide guidance. Three sources of information on FedNow As community banks look to take advantage of this new opportunity, they seek resources to help them navigate the journey.

Resources 115
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 payments trends you should know about

Independent Banker

Here’s how community banks can enhance their payments offerings. We’ve got capital market resets that are potentially happening, technology advancements and continued heightened digital expectations. As 2023 kicks off, community banks can respond to today’s payments landscape by addressing five key trends. By Colleen Morrison.

Trends 140
article thumbnail

Super apps: The rise of an all-in-one platform

Independent Banker

What are they, and how can community banks stay on top of this trend? Community bank considerations. So, what does this intersection of regulation and technology competition mean for community banks? In addition, community banks need to evaluate their partnerships with fintechs and other third parties.

article thumbnail

How to navigate payments trends

Independent Banker

The payments space can be dizzying for even the most enterprising community bank. A barrage of new payments potential has shaped the market since the start of the pandemic. For example, enabled by application programming interfaces (APIs), many community banks are embracing fintech solutions. By Colleen Morrison. Cryptocurrency.

Trends 91
article thumbnail

Now is the time to prepare for the FedNow launch

Independent Banker

The FedNow Service is launching in early 2023, giving community banks about a year to plan. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. With less than a year until the scheduled launch of the FedNow Service, community banks are still awaiting updates on specifics. “And

article thumbnail

Lawmakers Question Amazon About Ring Smart Doorbell Data

PYMNTS

Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov. Personal data can be exploited by foreign intelligence services to amplify the impact of espionage and influence operations,” the letter said.

Data 100