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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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DOJ Settles Redlining Claims in Rhode Island

CFPB Monitor

The Department of Justice (DOJ) announced a settlement agreement with Washington Trust Company, of Westerly (WTC) to resolve claims that WTC redlined majority Black and Hispanic neighborhoods in Rhode Island. for its peer lenders, and on average 46.5% for its peer lenders, and on average 46.5%

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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. Industry officials warn it won’t be the last.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Late last year, DraftKings reported $213 million in 2019 revenue and control of about 60 percent of the market, indicating that the industry as a whole had revenue north of $350 million – and that’s only counting the direct revenue brought in by wagers. The firm entered the public markets with a valuation of $3.3

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How Charitable Giving Boosts Online BNPL Sales, Customer Engagement

PYMNTS

Ninety-four percent of consumers believe companies need to do more than just earn profits — they expect them to give back to social causes in their communities and in the world at large. But like the market, and like the country, we are changing as well,” Smith said. “We Charitable donations have also proven to boost sales.

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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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Bringing The Farmers Market Online With Apps

PYMNTS

Customers download the app through the Apple App Store or Google Play and sign up for the service and choose the market that suits them. It offers delivery or convenient pickup locations in the community as it has partnerships with breweries, libraries and workplaces. The Products and Vendors.