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Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

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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). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.

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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

Economy , supervisory and risk specialists from the Federal Reserve of Kansas outline top challenges and opportunities regarding the future of community banking. One key area that can be both an obstacle and an opportunity for community banks is technology, the Federal Reserve Bank of Kansas City says. Background on Community Banking.

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How Online Sales Tax Impacts Different eCommerce Models

PYMNTS

The latest Next-Gen Sales Tax Tracker explores the complexities and challenges of compliance for different business models. Mathradas characterized this challenge as a data management issue. A majority (53 percent) thought that managing sales taxes for their businesses was either “somewhat” or “not at all” clear. .

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Loan Pricing: Must It Be So Complicated?

Jeff For Banks

Some are free, such as the one recently mentioned by my friend Dallas Wells of Asset Management Group, an ALCO consulting firm based in Kansas City. But I''m a student of the lending function, and listen intently to senior managers discuss loan pricing in profitability improvement meetings that I moderate.

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Ben Pankonin named “Executive of the Year” by SPN

Social Assurance

Pankonin joined eight other businesses and individuals who were recognized for their outstanding contributions to start-up communities in the Midwest from Nebraska, Iowa, Kansas and Missouri. The platform allows for leveraging all marketing collateral to help financial institutions to market with confidence.

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50 Future Unicorns

CB Insights

To identify companies, we used our Mosaic algorithm , a metric that combines a company’s financial health, the amount of traction it has, and the strength of its market. Other states represented include Washington, Kansas, Georgia, and DC, which are each home to one future unicorn on the list. HR & Workforce Management.