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How To Do Better Against National Bank Lending Competition

South State Correspondent

Understanding the competitive banking landscape helps community banks set proper pricing, respond to rival marketing, and compete more effectively. Many existing community bank customers and prospects are also national bank customers. The largest 100 banks dominate the industry with almost 75% of the market share.

National 195
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Today In Payments: Cybersecurity Firm FireEye Hacked By Nation-State; PayPal’s iZettle Intros QR Codes At POS In UK

PYMNTS

In today’s top news, cybersecurity firm FireEye announced that it had been hacked by a suspected nation-state, and PayPal’s iZettle added QR code payments to its POS app in the U.K. Cybersecurity Firm FireEye Hacked By Suspected Nation-State. The new tool coincides with the gradual reopening of U.K. amid COVID-19 restrictions.

National 204
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Deep Dive: How Regulatory Compliance Tools Help Keep Remittances Flowing

PYMNTS

These types of payment flows made up 5 percent or more of the gross domestic product (GDP) for 66 countries in 2019, reaching as high as 20 percent of GDP in nations like Haiti and Nepal. . Tools that help remittance service providers more efficiently meet their crime-fighting obligations can help keep down both costs and fraud. .

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Today In Digital-First Banking: Revolut Introduces ‘Pockets’ Feature; Robinhood Markets In Discussions With Goldman On Potential IPO

PYMNTS

FinTech Revolut has introduced its Pockets tool, while Robinhood Markets is reportedly working with Goldman Sachs for its public offering preparations. Revolut’s 'Pockets' Tool Aims To Help People Organize Payments. Robinhood Markets is reportedly working with Goldman Sachs for its initial public offering (IPO) preparations.

Marketing 159
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National Restaurant Association Framework Aims To Close Gap Between Restaurants And Aggregators

PYMNTS

16), the National Restaurant Association offered up seven public policy tenets that – in collaboration with delivery aggregators – are being billed as a “framework” for the delivery industry. Cuomo To Again Shutter NYC Indoor Dining Grubhub Offers Restaurants New Tools For Commission-Free Ordering . With data sharing, to boot.

National 160
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Visa ‘Hackathon’ Produces A Digital Payment Tool For Small Businesses

PYMNTS

The event capped off National Small Business Week. That prize went to a tool called DataBridge, which “simplifies business intelligence for small businesses and allows businesses to target their marketing campaigns specific to demographic and geographic segments.”. with the backing of Visa and the U.S. government.

Tools 173
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Agora Services Debuts New Tools For SMB Banking

PYMNTS

“In this day and age, it is very important for community financial institutions to be able to compete with their main new competitors – challenger banks and national banks – and have access to the same technology that can be deployed in weeks not years.

Tools 168