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FinTechs Take A Regional Approach To SMB COVID-19 Relief

PYMNTS

Below, PYMNTS rounds up the latest solutions that FinTechs and lenders are developing to ease the PPP lending process for SMBs and FIs alike, with many initiatives focused on enabling regional and community banks to maintain a competitive edge against the biggest banks. Lendsmart, Griffin Technologies. Citizens Bank Of Edmond.

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Creating a Customer-Centric, Digital Financial Institution

Abrigo

While many financial institutions are seeing the benefits of digitizing different areas of their bank or credit union, others are still hesitant to invest in technology. Does your financial institution support a culture of innovation and an environment that welcomes new technology? Technology, like banking, isn’t “one-size-fits-all.”

Oklahoma 218
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The Case For Localizing Mom-And-Pop Investment

PYMNTS

At the same time, many early stage startups, particularly in the technology sector, still have access to traditional financing, like venture capital and private equity. “Being in Boston, Massachusetts, I’m much less likely to invest in a restaurant in Oklahoma if the same business was right next to me,” Mathews said.

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The top-performing community banks of 2021

Independent Banker

Whether it’s products and services, technology strategies or employee benefits, independent community banks decide on their own terms what’s best for their business and their customers. Oklahoma City. Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. First Bank.

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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. The Company’s market areas outside of Houston, Dallas, Corpus Christi, San Antonio, Austin and Central Oklahoma are dominated by either small community banks or branches of large regional banks.

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