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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. Conclusion Community banks should not try to be national or regional banks.

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Disbursements, Main Street SMBs And BarkBox’s Merger With SPAC Top This Week’s News

PYMNTS

We have deep dives on disbursements, Main Street small- to mid-sized business (SMBs) and BarkBox reportedly combining with Northern Star Acquisitions Corp. Bridgetown Holdings, the special purpose acquisition company (SPAC) , is reportedly mulling a deal with Tokopedia , the Indonesian online shopping company. Billion Valuation.

Maine 168
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The Road To Recovery: Main Street SMBs And Closing The Cash Flow Gap

PYMNTS

To gauge the economic health and vitality of local economies, one need look no further than the financial stability of the small and medium-sized businesses that line the main streets and side streets of communities across the nation.

Maine 183
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New Data: What COVID-19 Is Doing To Main Street SMBs

PYMNTS

The boutique shops that lined Main Street USA, which got nearly all of their business face-to-face in their stores, expected that 2020 would be another great year. In other words, this sample reflects the composition of SMBs on those Main Streets and side streets of the communities that we all call home.

Maine 232
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How Square’s Results Spotlight Main Street SMBs’ Resilience — And (Cash) Challenges

PYMNTS

And often, drilling down into business segments and management commentary provides insight into just how we as a nation are faring, depending on where you look. All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway.

Maine 141
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China’s Cyberspace Watchdog Mulls Stricter Online Oversight 

PYMNTS

It said it is striving to protect people’s rights and interests and safeguard national security. China’s biggest internet watchdog is seeking out public opinion until Feb. 7 about how the rules should be revised in order to bring about expanded oversight for digital payments, eCommerce and livestreams.

Online 171
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The Race For Online Grocery Shopping Heats Up

PYMNTS

The companies are testing the service in four California and Oklahoma markets, with an eye toward a national launch in 2021. Speaking of Target, Walmart’s main brick-and-mortar competitor also announced much stronger-than-expected Q2 results this week, pushed largely by the combined strength of grocery and digital services.

Online 160