PYMNTS

OCTOBER 21, 2020

The social media giant has begun testing a new feature in Canada, dubbed Neighborhoods, that would steal a page from Nextdoor’s playbook and allow users to link up through community-based groups, according to engadget. Facebook, in turn, confirmed to Bloomberg what it calls a “limited test” in Calgary of its new feature.

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Community social media United States Capital 200

Independent Banker

FEBRUARY 28, 2023

As community banks navigate this process, there are plenty of resources available to answer questions and provide guidance. By Colleen Morrison Between May and July of this year, non-pilot instant payment transactions will be live on FedNow, the first new Federal Reserve payment rail in more than 40 years.

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BankInovation

MARCH 10, 2022

While big banks mobilize billions in tech development, community banks are continuing their own technology journeys through fintech investment. Your community or […].

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PYMNTS

MARCH 12, 2019

Innovation has always been important for community banks, but the driving force of digitization over the last decade has greatly sped up the pace, said Kevin Tweddle, chief innovation officer for the Independent Community Bankers of America ( ICBA ). Community banking is no exception. Innovating for Community Banks.

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PYMNTS

MAY 6, 2020

The Federal Reserve has formed a FedNow Community group for its upcoming instant payment offering, the FedNow Service , and needs volunteers to support it, the Fed announced Wednesday (May 6). The Fed acknowledged the challenges brought on by the coronavirus but noted the FedNow Service is still scheduled to be unveiled in 2023 or 2024.

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PYMNTS

APRIL 3, 2020

Treasury Secretary Steven Mnuchin said community banks have helped process many of the small business Paycheck Protection Program (PPP) loans. Mnuchin said in a tweet , “#PPPloan now over $875,000,000 processed almost all from community banks! Big banks taking applications and will submitting them shortly.”

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PYMNTS

SEPTEMBER 22, 2020

To help local businesses encountering difficulty because of the coronavirus or civil unrest, the Mall of America is contributing a 5,000-square-foot retail space to local businesses called the Community Commons. The space will be rent-free to 17 companies, opening Oct.

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American Banker

JANUARY 31, 2024

In this month's roundup of popular tech news: SEC responds to successful hack on its X account, community banks get closer to fintech hubs, the Office of the Comptroller of the Currency weighs in on Blue Ridge Bancshares and more.

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PYMNTS

JANUARY 24, 2019

However, there may be an opportunity to get more contactless cards into the hands of consumers — an opportunity that involves community banks and is backed by financial incentives. ICBA Bancard’s 1,600 community bank customers have issued more than 7.3 ICBA Bancard’s 1,600 community bank customers have issued more than 7.3

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BankInovation

AUGUST 4, 2023

Community banks are turning to technology provider Computer Services Inc. for core processing and FedNow capabilities. In the sales process, the Paducah, Ky.-based

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Community Bank Community Technology Payments 52

PYMNTS

MAY 1, 2020

According to Brennan, EforAll is a growing nonprofit organization that partners with communities to help under-resourced entrepreneurs start and grow a business through intensive business training, mentorship and an extended professional support network. They know they can’t start a business by investing ahead of revenue.

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PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge.

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PYMNTS

NOVEMBER 26, 2019

Rural communities with lower incomes or a higher percentage of minorities saw the most closures, losing 1,553 bank branches in 794 counties, a decline of 14 percent. Urban areas lost 9 percent of branches in 802 communities. More than half of the 3,114 counties in the U.S.

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PYMNTS

MARCH 6, 2020

That’s even more true for community banks, which lack the resources larger FIs have to support modernization initiatives and technology investment efforts. At the same time, the logistical challenges and competitive pressures associated with digitization remain just as pertinent for community banks.

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PYMNTS

JANUARY 18, 2021

business director, reports in Euro Weekly News said. Taking advantage of market uncertainty and the emergence of new, legitimate SMB loan initiatives, the scammers claim that firms are eligible for loans of up to $250,000, requesting business owner information including Social Security numbers.

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PYMNTS

FEBRUARY 7, 2020

There’s community-based and community-driven. The brand is well-known for using its community of skateboarders for design ideas and marketing. The studio will serve as a central hub for consumers and creatives, with the goal of giving back to the local community. Our downtown L.A. “Downtown L.A.

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Los Angeles Community Branding social media 141

Banking Exchange

JUNE 3, 2020

Banks based in California, Michigan, Ohio, Louisiana and Florida have been added to the Nasdaq index of community institutions Community Banking Feature3 Feature Management M&A Financial Trends ABA News Nasdaq.

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PYMNTS

JANUARY 6, 2020

Community banks are pushing for a stronger role with their small business (SMB) customers. However, through an embrace of FinTech collaboration and industry consolidation, community banks appear poised to further dispel assumptions of a lack of digitization. has dropped from 8,000 in 2004 to about 5,400 in 2018. Strengthening SMB Ties.

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Community Bank Community Payments Fintech 123

American Banker

FEBRUARY 2, 2024

Dogwood State Bank and Community First Bancorp plan an all-stock deal to create a $2.2 billion bank, technology firm Fiserv announces a partnership with the National Hockey League's New Jersey Devils, former Texas secretary of state will join Cullen/Frost's board and more in our weekly banking news roundup.

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American Banker

OCTOBER 30, 2023

In October's roundup of top banking news: Navy Federal's contract with the Department of Defense remains in limbo, check fraud takes a bite out of Regions Financial's third-quarter earnings, a Community Reinvestment Act rule gets finalized and more.

Regional 60

Regional Fraud Community Fintech 60

PYMNTS

DECEMBER 11, 2020

In this week's news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers' digital shopping trends. Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits.

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PYMNTS

APRIL 12, 2019

Community banks are voicing their frustration with what they say is a lack of competition in the market for corporate bank technology providers, reports in The Wall Street Journal said Thursday (April 11). Community banks say their services are often too expensive and can sometimes be delayed.

Community Bank 123

Community Bank Community New Jersey Fintech 123

BankInovation

DECEMBER 16, 2021

Gill Haus, CIO of Consumer and Community Bank (CCB) at JPMorgan Chase, offered a simple answer when asked what technology most excites him. Mobile technology is where his passion lies, Haus told Bank Automation News. It wasn’t blockchain, artificial intelligence, quantum computing, or any trendy cutting-edge technologies.

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Community Bank Community blockchain Mobile 96

PYMNTS

JANUARY 15, 2019

Social media giant Facebook asked its users what kind of news people wanted to see on the site, and also asked the news industry how it could better work with them to make “a real impact.”. 15), was clear: People wanted more local news, and local newsrooms wanted more support from the company.

social media 109

social media Community America Report 109

Finer Points

OCTOBER 6, 2014

A new report exposing the New York Fed’s coddling of Wall Street megabanks—particularly Goldman Sachs—is making waves in Washington. The ProPublica report exposes the New York Fed’s culture of deference to the megabanks it is charged with regulating as well as its marginalization of the few examiners who have spoken out. […].

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Community Bank Community New York Washington 192

Bank Innovation

DECEMBER 2, 2016

There’s been a lot for blockchain enthusiasts to digest this week, but let’s start with consortium news. The R3CEV blockchain consortium of banks opened its Corda codebase up to the larger developer community this week, in the hopes that independent experiments based on Read More. Welcome to another crazy week in cryptocurrency!

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blockchain cryptocurrency Community Online 150

PYMNTS

MARCH 10, 2020

The good news is that by the next morning, at least some of the doom and gloom had cleared — and by the closing bell, the DOW had picked up over 1,000 points and cut Monday’s losses in half. This, according to some reports , has caused some system-wide refocusing, as marketing and advertising budgets are shrinking drastically.

Community 150

Community social media Marketing Branding 150

PYMNTS

JULY 6, 2020

Some coverage of the lackluster mall performance reawakened calls for reuse options for malls that have lost anchor tenants, and a New York Times report examined potential social ramifications as department stores leave many malls with gaping dark holes where stores used to be. on the residential component.

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BankInovation

NOVEMBER 15, 2022

Community banks can contend with their larger counterparts by leveraging artificial intelligence (AI)-powered chatbots to improve both customer experience and internal efficiencies.

Community 52

Community Community Bank Customer Experience Resources 52

PYMNTS

SEPTEMBER 22, 2020

In today’s top retail news, Philadelphia Real Estate Trust reopens its newest property, Ralph Lauren cuts its workforce and Mall of America offers space to local businesses. Mall of America To Provide 'Community Commons' For Local Companies. Philadelphia Mall Owner Takes Care Of Its Own.

Philadelphia 173

Philadelphia Retail Las Vegas America 173

PYMNTS

AUGUST 1, 2019

Projects funded through Facebook’s Local News Accelerator program have led to new digital and email subscribers, plus an estimated $5 million value boost across the 14 participating newspapers, a news outlet reported on Thursday (Aug. Really, the focus is on building the right type of community.

Los Angeles 108

Los Angeles social media Detroit New York 108

PYMNTS

JUNE 7, 2018

Community banking can be one of the most rewarding and most challenging areas of financial services in which to work — that’s the view, anyway, of Rebeca Romero Rainey, president and CEO of Independent Community Bankers of America (ICBA) , who recently joined the nation’s leading advocacy organization that exclusively represents community banks.

Community Bank 157

Community Bank Community Millennials Regulation 157

TheGuardian

FEBRUARY 7, 2024

Alessandro DiNello, new executive chairman of regional US lender, acknowledges ‘serious situation’ as stock at lowest level in decades Shares in New York Community Bancorp (NYCB) continued to fall on Wednesday, heightening unease about the US’s regional banking sector.

New York 69

New York Regional Community US 69

Abrigo

DECEMBER 2, 2014

Results from the third quarter were just released, and while overall results were positive, community banks in particular excelled. Growth was even stronger at community banks, where over 70 percent reported increased loan growth from the previous quarter. Community banks’ net income grew almost 11 percent to $4.9

Community Bank 207

Community Bank FDIC Community Industry 207

PYMNTS

JANUARY 15, 2021

In this week's news, we saw Roblox’s plans to go public through a direct listing, consumers’ preferences for a digital-first shopping experience and the rising popularity of quick-response (QR) codes. Digital game platform operator Roblox plans to go public on the New York Stock Exchange next month by a direct listing.

Retail 145

Retail New York Security Resources 145

PYMNTS

MAY 4, 2017

In his prepared remarks, CEO Mark Zuckerberg called out two main areas of focus: connecting communities and combating the fake news and violence that has taken center stage of late. “In Now, with that foundation, our next focus will be on building community. It’s clear we have more to do here,” Zuckerberg said. billion.

Community 100

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PYMNTS

AUGUST 7, 2020

Rubio said the program would particularly aid minority-owned businesses and low-income communities. Apple Buys Mobeewave for $100M. Apple has purchased Canadian company Mobeewave, which will allow it to create mobile pay hubs out of iPhones. The deal went down for $100 million. American Express Expands BNPL Options for Cardholders.

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