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Market Commentary: Week of May 9, 2022

SWBC's LenderHub

Back in an era for the NFL where defensive players could do just about anything they wanted, a 275-pound freight train by the name of Leonard Marshall drove his helmet straight into the back of 49er quarterback Joe Montana. Montana could barely walk as he was helped off the field.

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African FinTech Chipper Cash Gets $6M To Enter New Markets

PYMNTS

Chipper Cash, a FinTech startup in Africa that facilitates cross-border peer-to-peer (P2P) payment services in Kenya, Rwanda, Tanzania, Nigeria, Uganda and Ghana, has raised $6 million in a seed round led by Deciens Capital, according to a report. Chipper Cash, which went live in 2018, raised $2.4

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Personalization without Segmentation: The Power of Velocity Scripting

Perficient

Personalization drives success within marketing campaigns. The use of personalized content allows marketers to transition from batch and blast emails to more highly targeted one-to-one email communications. An example of a Segment / Segmentation is Montana (Segment) within the State (Segmentation).

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Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

Right now, Whole Foods has about 470 stores around the nation – which isn’t much considering the proliferation of Walmart and Kroger stores, but it now has the capital to expand into previously unreachable areas, like Montana. Grocery pickup from Whole Foods Market is now available in 22 cities.

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The top-performing community banks of 2021

Independent Banker

Bank of Montana. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. If we were to have capital levels more in line with peer averages, we would barely be able to originate and keep mortgage loans of any size. .

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Best Community Banks to Work For 2022

Independent Banker

.; Bank of Montana, Missoula, Mont.; Bank of Montana: Breaking the mold. Bank of Montana: Breaking the mold. Bank of Montana. When a community bank’s employees refer to it as “a second family,” it speaks volumes, and that’s exactly what we heard from the team at Bank of Montana in Missoula, Mont. Missoula, Mont.

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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

Figure Pay, he said, with the ability to scan QR codes at checkout, is predicated on the concept of using a blockchain payment rail in lieu of interchange as the network is built out — and across a swath of merchants as large as Walmart and small as localized farmers’ markets (in a type of “barbell” approach) upon initial launch early next year.

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