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Charles Potts: Opportunities in the fintech landscape

Independent Banker

A convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year. While challenging for some, this convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year.

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How Retailers Drive Innovation With Subscriptions (And Payments)

PYMNTS

Some entertainment innovators are also rolling out new subscription services. And retailers are offering innovative subscriptions for all sorts of products. The pilot program was first announced in June at the company’s shareholders meeting, with a rollout planned in Vero Beach, Florida; Pittsburgh and Kansas City.

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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds. a financial services holding company based in Kansas City, Missouri. This partnership aligns with UMB’s strategy of working with best-in-class innovators like Brex.”.

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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

Takeaway 2 Community banks are at a crossroads: innovate or be left behind (or acquired). Acquisitions allow organizations to spread costs across a larger asset base, recognize synergies within business lines, reduce staff, and consolidate branches in overlapping markets. Background on Community Banking. Do we need community banks?

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Retail Reopening Hinges On Dangerous Discounts

PYMNTS

For example, the Dillard’s store in Kansas City reported strong traffic as did its neighbors in the city’s Zona Rosa shopping district. There are deals on things that are rarely discounted, like cosmetics and Kendra Scott jewelry,” reported Fox4 in Kansas City.

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Credit Card Interest Rates Rise To Near-Record Levels

PYMNTS

Credit card spending is also the highest it has ever been recently, as the market for Mastercard and Visa is higher than $600 billion. Despite some previous pushback, the Fed, represented by Federal Reserve Bank of Kansas City President and Chief Executive Officer Esther L. Large bank delinquent accounts in Q2 were at 2.44

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Building The Tire Shop Of The Future With On-Demand Service

PYMNTS

The company services the two metroplexes of Kansas City and Dallas. Both cities are relatively spread out, so people have longer commute times. Komal noted that the company will be diving deep into each market and increasing market share by that time. and avoid the trek to a garage.