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How vendor relationships affect banking technology success

Abrigo

Feedback from community financial institutions highlights how a vendors team can influence adoption success across the organization. Abrigos customer Community, an interactive forum and events section accessible from products, hosts more than 85,000 online participants each month. They are my allies.

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Community Banks Debut FinTech Alliance

PYMNTS

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Among the names joining up are Citizens & Northern Bank (based in Pennsylvania), Inland Bank (Illinois) and Lincoln Savings Bank (Iowa).

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US Rep Calls For Action On Predatory SMB Lending

PYMNTS

Representative Nydia Velázquez (D-NY) is calling on lawmakers to address predatory lending to small businesses (SMBs), The Washington Post reported on Thursday (June 27). “By ending confessions of judgment in commercial lending, we can stop some of the abuses that are crippling honest small business owners,” she said.

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Fundation Pulls Community Bank Into FinTech Collaboration

PYMNTS

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too. They’re very disciplined on credit and interest rate risk,” he said.

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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

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The Main Street Rescue That Wasn’t (And Still Isn’t)

PYMNTS

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? They are also too large to get funding through programs solely focused on small business lending.

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Podcast: Behind the Scenes with a Community Bank’s PPP Loans

ABA Community Banking

Luke Bernstein, EVP at Orrstown Bank in Orrstown, Pennsylvania, discusses his bank's PPP lending. The post Podcast: Behind the Scenes with a Community Bank’s PPP Loans appeared first on ABA Banking Journal.