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How To Do Better Against National Bank Lending Competition

South State Correspondent

Many existing community bank customers and prospects are also national bank customers. There are now many online, nationally-focused lenders that are capable of an entire virtual relationship. Traditionally, community banks would compare their financial performance and health to similar-sized banks in their region.

National 195
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WHO Warns Europe Is Entering ‘Acute’ Phase Of Pandemic

PYMNTS

The World Health Organization (WHO) is warning that Europe is likely entering into the “acute” phase of the COVID-19 pandemic as nations scramble to quell the latest surge in infections. in particular, has been extremely hard-hit. in particular, has been extremely hard-hit. “We To date, Europe has confirmed approximately 27.5

National 195
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Credit Unions Shun Online Ads For Content To Acquire Customers

PYMNTS

In August, Facebook instituted changes to its advertising policies as the result of a settlement it reached with anti-discrimination groups and the federal Department of Housing and Urban Development (HUD). In regard to big national banks, or even regional banks, he said, that rule makes some sense.

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EU Says Tourism Sector Could Slide 70 Pct. From COVID-19

PYMNTS

Thierry Breton, the European Union’s (EU) commissioner for internal market and services, said the 27-nation bloc is facing its most difficult challenge since it was founded in 1993, and stated that its nations should be a top priority for bailouts, the Associated Press reported. It could take 1.5 trillion euros (1.63

National 177
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Adobe Warns Of Flash Malware Vulnerability

PYMNTS

According to a news report from Reuters , cybersecurity firm Kaspersky Lab discovered the issue after a group it was tracking, BlackOasis, used it to plant malicious software on computers before connecting them back to servers in Switzerland, Bulgaria and the Netherlands. It urged its users to fix the problem as soon as possible.

Regional 111
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Easy Ways BSA Officers Can Get Their Required Training

Abrigo

Due to the heightened knowledge and expertise required for BSA officers, their training requires resources beyond reading periodicals and online articles and/or completing general staff training,” the Minneapolis Fed’s newsletter said. One option that makes it easy for BSA officers to complete required training is to attend regional meetings.

Training 150
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Mastercard’s Threat Scan Helps Banks Detect Vulnerabilities

PYMNTS

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. The new service is being featured at the Mastercard Cybersecurity Summit in Croatia from Sept.

Boston 177