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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. By Mindy Charski.

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Hundreds Of Jobs Lost As Amazon Cuts Ties With Logistics Company

PYMNTS

The company is ceasing operations in five states after it failed to meet Amazon’s standards. Facilities in Ohio, Minnesota, Virginia and Illinois will close in April, and about 280 people will be let go. About 120 workers will lose their jobs at a location in Michigan. There’s a facility in Wisconsin whose status is unknown. “We

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Google’s Drone Delivery Unit Wing Gets Nod By FAA

PYMNTS

With the FAA approval Wing will be able to make drone deliveries in an area of southwest Virginia. The report noted the exact locations are still up in the air, but the drones will only be able to operate during the day when the weather is clear.

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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. RTP Gains Community Bank Traction. In the U.S., And when it comes to legacy rails, the U.S. ” HSBC Debuts Real-Time Direct Debit. .

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Santander Adds Three Lending Executives

PYMNTS

Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. in Information Technology Management from the University of Virginia, according to Santander. Patrick Smith was named head of Small Business Banking. Smith holds a B.S.

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Walmart, Sam’s Club Shoppers Must Wear Face Masks Starting Next Week

PYMNTS

“While we’re certainly not the first business to require face coverings, we know this is a simple step everyone can take for their safety and the safety of others in our facilities,” said Walmart’s Chief Operating Officer Dacona Smith and Lance de la Rosa, chief operating officer at Sam’s Club, in a statement.

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