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How To Do Better Against National Bank Lending Competition

South State Correspondent

Understanding the competitive banking landscape helps community banks set proper pricing, respond to rival marketing, and compete more effectively. Many existing community bank customers and prospects are also national bank customers. The largest 100 banks dominate the industry with almost 75% of the market share.

National 195
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Goldman Invests $40M In LeanTaaS Healthcare Software Firm

PYMNTS

Silicon Valley software innovator LeanTaaS closed a $40 million Series C3 funding round led by Goldman Sachs , LeanTaaS announced in a press release on Thursday (Dec. The money will also be used to hire of key leaders in engineering, data science, product management, sales and marketing. trillion in 2018.

Software 130
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OCC Comptroller Offers Regulatory Guidance Toward AI

Perficient

Toll Gates Are Needed To avoid repeating such scenarios, of that rather dire history, Hsu advocated for regulators and the industry to proactively identify points where growth and development should pause to ensure responsible innovation and build trust. The evolution of electronic trading provides a valuable case study to consider.

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Square Partners With Washington Nationals To Offer In-Seat Concessions

PYMNTS

Payments company Square has partnered with the Washington Nationals and Levy Restaurants to let fans order concession menu items right from their seats, according to reports. Alan Gottlieb, chief operating officer at Lerner Sports Group, said it was important for Nationals fans to get the most out of their ballpark experience.

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Bill Proposes Requirement Of Russian Software On Tech Devices

PYMNTS

Russian lawmakers are proposing legislation that would require all smartphones, computers and smart TVs sold in Russia to come pre-installed with certain Russian software. Reuters reported that the draft bill aims to support domestic software producers, allowing authorities to create a list of mandatory, local software.

Software 122
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What Innovators Can Learn From Netflix

PYMNTS

But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. The growing popularity of DVD rentals in the early 2000s introduced more competition into the market, making them more affordable for more consumers. I Don’t Want To, But I Have To’.

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H&R Block Inks Tax Software Partnership With Walmart

PYMNTS

Under the terms of the deal, H&R Block will become the sole provider of tax software available at Walmart stores. “At Walmart shoppers expect to get the best value possible, and in this partnership with Walmart, H&R Block desktop software is committed to meeting customers’ tax prep needs.”.

Taxes 108