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How a Minnesota bank is jumping into the earned wage access market

American Banker

Stearns Bank in Saint Cloud is working with the on-demand payment technology firm Reset to launch an earned-wage card for blue collar and immigrant families struggling with access to money.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

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Canada’s VersaBank to enter U.S. market with purchase of tiny Minnesota bank

American Banker

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. That’s enough to send normal people into the fetal position.

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IPO Surpasses Expectations For Payroll Firm Ceridian

PYMNTS

Ceridian Holdings, the owner of human capital management software Dayforce, completed what the publication said was the largest initial public offering (IPO) in the history of its home state of Minnesota, surpassing expectations when it closed at $22 a share. Analyst estimates had predicted between $19 and $21 per share.

Minnesota 100
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Bright Paths Students Demonstrate New Skills with Incredible Variety of Apps

Perficient

In her first semester at Southwest Minnesota State University, she majored in Computer Science and learned quite a lot about terminals, using Jedit, and also learned about gates and machine languages operating off binary numbers. Deepti Dhar’s Bright Paths Project: Welcome to Stock Market. Bright Paths Project: Welcome to Stock Market.

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The effect of nonbanks in the mortgage space

Independent Banker

The low interest rate environment fueled a frothy residential lending market in 2020 and 2021, with annual origination topping more than $4.4 Nonbanks are also gobbling up a bigger percentage of market share. Stovall adds that customers often focus on convenience and price, which tends to favor nonbank fintechs. “A