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NCR To Buy Payment Processing Firm JetPay

PYMNTS

22) that it will buy Pennsylvania-based JetPay , “a provider of end-to-end payment processing and human capital management solutions,” according to a statement. JetPay ’s services include card acceptance, processing, payroll, payroll tax filing, human capital management services and other financial transactions.

Payments 136
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Widening Borrower Protection’s Scope To SMBs

PYMNTS

As online lending platforms proliferate among the SMB borrowing community, however, experts warn that a lack of regulation means these companies rarely publicly reveal interest rates and fees. “We have seen small businesses destroyed by online lending.” “We have seen small businesses destroyed by online lending.”

Lending 136
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How Frank Wants To Help Students Stay Away From Debt

PYMNTS

“Negative effects of student loan default can be wage garnishments, tax offsets and other methods of loan collections,” said Elaine Griffin Rubin, senior contributor and communications specialist at Edvisors. Defaulting on a student loan is serious business. And there are 44 million students carrying $1.5

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Bankers: Five Ways to Use Profitability Data to Move You Forward

Jeff For Banks

On a recent Pennsylvania Institute of CPA podcast , Bob Kafafian from my firm was asked how to use management information. Lending is a risk business, and aside from the provision expense, and net-charge off rate, those loans require equity to support them. I'm sure at one point of the word's evolution it wasn't this way.

Data 60
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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. The Bank's Rise McConnell came to the bank in 1977 from McKeesport, Pennsylvania. Nationwide lending! Keystone expanded its lending to include high loan-to-value mortgages and home equity loans.

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Book Report: The Unbanking of America by Lisa Servon

Jeff For Banks

Professor of city and regional planning at the University of Pennsylvania. For example, the securitizing of the residential lending business moved most of that business away from banks to mortgage bankers and brokers, that far and away were the culprits behind preying on the underbanked. They pay no Federal income taxes.

America 60
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The social responsibility of banks is to increase profits.

Jeff For Banks

Franklin Financial Services Corporation, parent company for F&M Trust Bank in Chambersburg, Pennsylvania, invests in the Franklin Future Fund, a non-bank investment company that makes venture capital investments in the Cumberland, Franklin, Fulton, and Southern Huntingdon counties. Has social responsibility worked for them?