Community banking
The credit-cards-as-a-service model allows small banks to develop more products — and keep more revenue — than they had when working with agent banks.
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After the Office of the Comptroller of the Currency cracked down on a $2.8 billion-asset bank, industry observers expect more scrutiny of the ties between banks and financial technology startups.
September 6 -
Amid flooding and a lack of drinking water, Regions Financial announced a slate of fee waivers and loan deferrals, alongside a donation to a local United Way. Cadence Bank is supplying fresh water to ensure it can keep its doors open.
September 2
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Merely telling employees what to do may get the job done, but telling them why they're doing it fuels engagement.
August 31 -
The acquisition of Central Financial, expected to close in the first quarter of 2023, would create a bank with more than $10 billion of assets.
August 31 -
Sumitomo Mitsui Banking Corp.'s new consumer-focused digital bank will be born out of its Manufacturers Bank subsidiary — a relatively small commercial bank with nine branches and no consumer business to speak of.
August 30 -
Drake Bank in Minnesota is working with the fintech B Generous to test whether installment loans can help bring in larger donations to nonprofits.
August 29 -
Auto loan growth eased substantially in the second quarter amid competitive pressures from credit unions and other lenders.
August 26 -
Staff feedback is crucial to tailoring benefits and designing new workspaces, experts say.
August 23 -
Farmers Bank plans to develop new revenue from home loans, despite seeing many bigger lenders flee the same market.
August 17