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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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Cybersecurity Awareness Month: How financial institutions can stay safe and secure online

Abrigo

Ideas for educating and promoting cybersecurity in October Cybersecurity Awareness Month is an opportunity for banks and credit unions to promote online safety and take steps to reduce cyber risks. Launched to provide resources Cybersecurity Awareness Month was launched in 2004 by the National Cybersecurity Alliance (NCA) and the U.S.

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FBI Charges Russian National With Running Online Hacker Marketplace

PYMNTS

A Russian national believed to be behind the Deer.io Online hacking scandals are prevalent in today’s digital era, with major businesses reporting breaches of their security often. service, which lets hackers advertise and sell stolen information, has been arrested by the FBI, according to published reports Tuesday (March 10).

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National Online Bank Day - Effects of Falling Rates

BankDeals

Today’s National Online Bank Day had me thinking about how online banks will compete against brick-and-mortar banks in this new zero interest rate environment.

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First National Bank Plans Online SMB Lending Portal

PYMNTS

First National Bank and Trust Company is planning the launch of a digital small business lending portal and has tapped a partner to create the solution. In its announcement, First National Bank alluded to the rise of alternative and marketplace lenders, many of which have changed the way small businesses apply for and receive financing. “We

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Amazon Pushes For National Price Gouging Law

PYMNTS

Amazon urged Congress on Wednesday (May 13) to enact legislation to prohibit price gouging during times of national emergency, Reuters reported. Brian Huseman, a vice president of public policy at Amazon, said in a blog post that each of the nation’s states have different rules when it comes to price gouging.

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Live Nation Settles With DOJ Over Ticketmaster Antitrust Violation

PYMNTS

Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. The agreement — which was set to expire in 2020 — bars Live Nation from forcing venues to use Ticketmaster when they want to book tours, as well as retaliating when a venue uses another ticketing service.

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