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Market your community bank with first-party data

Independent Banker

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Andrew Catalano, Austin Williams While most community banks aren’t yet using first-party data for marketing purposes to grow revenue and retain customers, experts say those willing to invest in the effort can reap big rewards. “To

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Robinhood's Newest Funding Round Grows To $660M

PYMNTS

Trading FinTech Robinhood Markets Inc. We've raised an additional $460 million in subsequent closings to our Series G to support our core product and customer experience and new offerings like cash management and recurring investments,” the representative noted.

Arizona 178
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NEW REPORT: New Regs Open New Markets For Credit Unions

PYMNTS

The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their industry, stifling their growth and pace of innovation. However, recent changes in regulations could open new doors for the credit union market to more efficiently serve its members.

Hawaii 100
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Vroom Partners With Santander On Auto Loan Financing

PYMNTS

In an announcement on Wednesday (April 8), New York-based Vroom and Santander of Texas said the “preferred lending relationship” is designed to enhance Vroom’s customer experience with streamlined financing and competitive rates. The firms said their new tie-up will make it easier for Vroom customers to get a car loan.

Texas 141
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5 payments trends you should know about

Independent Banker

We’ve got capital market resets that are potentially happening, technology advancements and continued heightened digital expectations. With FedNow, the Federal Reserve’s new instant payments rail, set to launch in mid-2023, community banks can link up to the system, monitor its volume and identify use cases to meet customer demands.

Trends 140
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PICKUP Teams With Postmates For Quicker Last-Mile Deliveries

PYMNTS

“No other platform features the PICKUP Good Guys, a curated network of vetted independent contractors delivering big and heavy goods, enabling PICKUP to provide retailers greater value across their assortment than any other solution on the market today,” she said. Postmates was launched in 2011 and is based in Silicon Valley.

Dallas 150
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Robinhood Closes On $200M In Funding, Valuation Now $11B

PYMNTS

Robinhood Markets Inc., the two-year-old New York-based global investment firm that deploys capital in public and private markets. “For For seven years, the team at Robinhood has been focused on enabling more access to the markets for more people,” the company said in a statement. The investor is D1 Capital Partners L.P.,