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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

This year’s winners: Left: Central Valley Community Bank, People’s Choice Award; Middle: Kennebec Savings Bank, Exceptional Community Bank Service Award; Right: Cross River Bank, Emerging Service Program Award. Exceptional Community Bank Service Award. Instead, we give those dollars to the community.”. Asset size: $1.36

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Farfetch Raises $250M To Grow Luxury Fashion Platform

PYMNTS

Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco. Farfetch, a luxury technology platform, has raised $250 million from Tencent and Dragoneer through the sale of convertible senior notes, according to a release.

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Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. More than 100 Goodwill store locations ranging from New York to San Francisco are uploading products like collectibles, clothing and furniture to the platform to drive in-store and online sales.

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FinTech Plaid Teams With Banking Platform Jack Henry

PYMNTS

Our partnership with Jack Henry helps us bring Plaid Exchange to hundreds of regional and community banks, and helps ensure millions of people can access digital finance apps and services no matter where they choose to bank, invest and manage their money,” Karvounis added.

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FHLB reform: Implications for financial institutions

Abrigo

Takeaway 2 Reform moves are stemming from actions of the FHFA against the San Francisco and New York FHLBs. Some stakeholders are advocating for a focus on affordable housing, community development, and supporting underserved communities. Finally, we may see a consolidation of the 11 regional FHLBs to increase efficiency.

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Cambodia, Singapore In X-Border FinTech Pact

PYMNTS

Deputy Managing Director of MAS Jacqueline Loh said the relationship demonstrates a FinTech that may extend to other countries in the ASEAN region. Bowman remarked at an event, held at the Federal Reserve Bank of San Francisco, that the Fed could foster collaborative action between those smaller banks and FinTech firms. “I

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Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday

PYMNTS

Those efforts include helping the Tampa SMB community get ready for the big game. The offer is a culmination of Visa’s season-long commitment to help SMBs as part of its collaboration with the NFL, according to the announcement.

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