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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.

National 195
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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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Coronavirus Concerns Hit Retail Supply Chain

PYMNTS

retailers are concerned about a supply chain problem. While no direct evidence has been presented for a supply chain interruption from China, a new Wells Fargo report says concerns are rising among retailers. companies with operations in Shanghai on Feb. Every retailer has what’s known as an ‘All Hazard Plan.’

Retail 188
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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. Today, nearly all SMBs (those that remain in operation, that is) have been forced to divert that sense of optimism into a battle for their survival. In just 21 days. .

Maine 232
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Visa On Giving SMBs A Digital-First Boost This Holiday Season

PYMNTS

In between the mad rush to close out the business year, retailers and restaurants prep for what they hope is the most wonderful time of their year for making sales. In celebration of National Small Business Week, Visa will co-host a three-day virtual summit called the What’s Next Fest in partnership with the Female Founder Collective (FFC).

Maine 294
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Smile! Retailers Want To Take More Of Your Pictures

PYMNTS

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”. Security Cameras.

Retail 131
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Healthcare Disruption Brings More Impact To The Retail World

PYMNTS

In the meantime, the digital, mobile, delivery and other innovations that are taking place in this sector are also promising to impact retailers and the consumers who shop not only with mom-and-pop stores but with the bigger chains. The latest example of that comes from one of the biggest retail chains out there — Walmart.

Retail 108