Remove Maine Remove National Remove Online Remove Regional
article thumbnail

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. Traditionally, community banks would compare their financial performance and health to similar-sized banks in their region.

National 195
article thumbnail

Does KBA Have A Place In Online SMB Credit Checks?

PYMNTS

Such identity solutions were once exclusively the domain of wealthy, technologically advanced nations, but are spreading to countries like Nigeria and Sierra Leone, which have recently begun harnessing digital channels. Government-issued digital identities are not just the realm of sovereign nations. About The Tracker.

Online 144
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amid Changing Lifestyles, Homebuying To Continue Torrid Pace?

PYMNTS

Behind the data lie a slew of lifestyle changes and demographic shifts, which may have positive ripple effects for the SMBs that line Main Street, and bode well for consumer spending trends overall. To that end, and in terms of the data announced by the National Association of Realtors, existing home sales grew by 9.4 million units.

Survey 227
article thumbnail

Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

PYMNTS

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. Consumers’ changing views are prompting MENA financial authorities to reexamine how their present regulations handle online privacy.

article thumbnail

Credit Unions Shun Online Ads For Content To Acquire Customers

PYMNTS

In regard to big national banks, or even regional banks, he said, that rule makes some sense. The intention is to prevent a variation of digital red-lining — wherein FIs can use known data about certain ZIP codes and regions as a proxy for screening data they are explicitly not allowed to use to exclude certain types of borrowers.

article thumbnail

New Report: Mercado Pago On How Mobile Bridges The LatAm Banking Gap

PYMNTS

Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems. Many nations in the region are thus examining their open banking proposals to ensure they address this behavior. Around The Data Protection World.

Mobile 229
article thumbnail

Community banks most likely to approve small business loans

Abrigo

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. Small regional and community banks had a much higher approval rate (90 percent) for those firms classified as “Growers.”