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Small banks: Big challenges and big opportunities

Abrigo

Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff. According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. I don’t want my veteran bankers writing a credit memo,” he said. The result?

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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). a financial services holding company based in Kansas City, Missouri. In March, Brex opened its first international office , a technology hub in Vancouver, Canada.

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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

Additionally, community financial institutions are more likely to leverage relationship lending to help smaller businesses obtain loans that they might not be able to secure with larger institutions based solely on their financial information. Technology is an obstacle and an opportunity. Digitalization. Learn more.

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Ant Financial Appeals Directly To MoneyGram In Open Letter

PYMNTS

We want to work with you, invest in your business and technology, and create even more career growth opportunities for MoneyGram employees in the U.S. based servers that meet the high security standards your customers trust today. with EyeVerify, which it acquired last year and is based in Kansas City.