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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. The banking industry is nationwide and is becoming less branch-focused. There are now many online, nationally-focused lenders that are capable of an entire virtual relationship.

National 195
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Cybersecurity Awareness Month: How financial institutions can stay safe and secure online

Abrigo

It’s the time of the year when we celebrate Cybersecurity Awareness Month, a global initiative to raise awareness and educate people about the importance of staying safe and secure online. Launched to provide resources Cybersecurity Awareness Month was launched in 2004 by the National Cybersecurity Alliance (NCA) and the U.S.

Online 221
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The Top 20 Deposit-Rich Industries for 2023

South State Correspondent

Not to say you want to ignore parts of your community, but why not focus more of your resources on those industries that will make your bank more profitable? In this article, we look at 20 deposit-rich industries that have above-average profitability. While there are approximately 4,400 independent security firms in the U.S.,

Industry 195
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City National Bank, Extend Team On Virtual Corporate Cards

PYMNTS

City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release. With Extend, City National is the first issuer in the U.S. Replacing them is much easier than replacing plastic cards.

National 172
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National Bank of Australia to Hire 600 Tech Experts to Compete with Fintech Industry

Bank Innovation

The National Bank of Australia (NAB) will create 600 new technology jobs. The new job additions will help the bank build its tech presence in order to efficiently compete with the burgeoning fintech industry, NAB said. This announcement comes just a few weeks after the bank said it was cutting 4,000 jobs.

National 191
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EWS readies Paze to help banks take on digital wallet market

Payments Dive

Even with the backing of the nation’s largest banks, the platform, set for a June launch, will have adoption and security hurdles to overcome to grab a slice of the digital wallet market, industry experts say.

Marketing 312
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Proposed House Bill Would Set National Data Security Standards for Financial Services Industry

CFPB Monitor

Blaine Luetkemeyer would significantly change data security and breach notification standards for the financial services and insurance industries. Most notably, the proposed legislation would create a national standard for data security and breach notification and preempt all current state law on the matter.