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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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Bitcoin Daily: Chinese Leaders Back Regional Digital Currency Plan

PYMNTS

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . In other news, leading political advisers in China have suggested a regional cryptocurrency, Coindesk reported.

Regional 140
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Bitcoin Daily: OMFIF Debuts Digital Monetary Institute; Chinese Leaders Back Regional Digital Currency Plan

PYMNTS

The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. . In other news, leading political advisers in China have suggested a regional cryptocurrency, Coindesk reported.

Regional 161
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Modell’s Sporting Goods In Bankruptcy, Will Shutter All Stores

PYMNTS

With a longtime presence in New York and surrounding suburbs, Modell’s has 153 stores mostly located in the northeast region. But it has now become the latest in an array of New York retailers to file for bankruptcy, following luxury retailer Barneys New York and grocer Fairway Market.

New York 144
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In China, Green Shoots For Luxury Spending To Prove Fragile?

PYMNTS

22), Boston Consulting Group has estimated that that demand for luxury items could underpin a spending boost on the order of 30 percent as the Chinese economy rebounds. And yet, overall spending across the luxury industry could shrink by as much as 45 percent through 2020, as other regions and countries – Europe and the U.S.

Retail 169
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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. It was an amalgamation of numerous challenges, either ignored or wrongly addressed, that has led to the question of relevance plaguing the industry today.

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Grocery Tracker: Instacart’s National Push

PYMNTS

markets and is slated to roll out to four more this week in Detroit, Columbus, Ohio, Las Vegas and the Rio Grande Valley region of Texas. And with 80 percent national coverage, these current stats wouldn’t come as much of a loss. billion back in March, grocery delivery startup Instacart is eyeing some major U.S. expansion prospects.

National 100