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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. Scale, security, and innovation are all linked to better information technology design and implementation.

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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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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Mastercard CEO Pushes Back Against National Payments System

PYMNTS

Ajay Banga, the chief executive officer (CEO) of Mastercard, is adamantly against any attempts to fracture the Global Payments Systems (GPS) into national domains, Financial Times (FT) reported on Sunday (Feb. Privacy-weary consumers could return to cash if governments push in the direction of nationalization of payments, Banga warned.

National 147
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Report: Overcoming ID Fraud’s Technology Blind Spots

PYMNTS

A study from the Cifas National Fraud Database found that identity theft against consumers over the age of 61 rose by 22 percent in 2019, contributing to an 18 percent increase in identity theft overall. Technologies like video onboarding and AI have shown promise in facing this threat, but each is vulnerable when deployed alone.

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Regulating the unregulated

Chris Skinner

I was thinking about this question of how to regulate global technology platforms that don’t recognise national boundaries, mainly in the context of crypto and digital currencies. How can you regulate a global currency that has no view of state or national laws?

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Voice Technology Makes (Sound) Waves At QSRs

PYMNTS

Innovators are seeing the potential to shape the way consumers place their orders at quick-service restaurants (QSRs) through digital technology. That’s kind of … the future that we see as well,” Xiao said, adding he believes that, in addition to online and app ordering, voice ordering will be one of the main drivers.