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How To Do Better Against National Bank Lending Competition

South State Correspondent

Understanding the competitive banking landscape helps community banks set proper pricing, respond to rival marketing, and compete more effectively. Many existing community bank customers and prospects are also national bank customers. The largest 100 banks dominate the industry with almost 75% of the market share.

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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

Figure Pay, he said, with the ability to scan QR codes at checkout, is predicated on the concept of using a blockchain payment rail in lieu of interchange as the network is built out — and across a swath of merchants as large as Walmart and small as localized farmers’ markets (in a type of “barbell” approach) upon initial launch early next year.

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Banking Innovation Enters New Era; Consolidation Now The Rule

PYMNTS

What makes the current developments so interesting and exciting is that “we're just seeing that they're at the end of the innovation growth cycle,” he explained. All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena.

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On National Burrito Day, Chipotle Serves Up Signs Of QSR Innovation

PYMNTS

As far as made-up, non-holiday holidays go, you could probably do worse than National Burrito Day , which takes place on Thursday (April 4). Part of the growth in digital came from online marketing, Niccol told investors when discussing the latest Chipotle financials. Chipotle’s Digital Gains. Mobile Ordering.

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What Innovators Can Learn From Netflix

PYMNTS

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. The growing popularity of DVD rentals in the early 2000s introduced more competition into the market, making them more affordable for more consumers. I Don’t Want To, But I Have To’.

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Mastercard Names New President Of Canadian Operations

PYMNTS

Mastercard announced on Thursday (May 30) the appointment of Sasha Krstic as president of the company’s Canadian operations. Krstic most recently served as the executive vice president of services for the Asia-Pacific market. I look forward to working once again with our customers in this dynamic market.”.

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Square Partners With Washington Nationals To Offer In-Seat Concessions

PYMNTS

Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their seats, according to reports. Alan Gottlieb, chief operating officer at Lerner Sports Group, said it was important for Nationals fans to get the most out of their ballpark experience.