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Community Bank Consolidation Accelerates: Simmons First National in $277M Double Buy in Tennessee

Banking Exchange

Two community banks snapped by Simmons, while Illinois’ Heartland Bank looks to push into Iowa Community Banking Feature3 Feature Management M&A.

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Today In Digital-First Banking: Goldman's Marcus Debuts Personal Finance Tools; Franklin Templeton’s Singapore Subsidiary Collaborates With Razer Fintech

PYMNTS

Plus, First Horizon National Corp. Goldman’s Marcus Adds Personal Finance Management Tools. The Singapore subsidiary of Franklin Templeton and Razer Fintech announced a memorandum of understanding to collaborate on developing a digital wealth management platform. First Horizon to Roll Out Instant B2B Payments With Interchecks.

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First Horizon Works With NCR For Digital Banking Platform

PYMNTS

Tennessee-based First Horizon Bank has moved its digital platform to the NCR D3 program, which a press release says will offer more seamless solutions. Early performance metrics indicate that we are on par with or ahead of the top national banks in terms of engagement and speed," Kelly said, according to the release.

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Cardtronics Expands Surcharge-Free ATM Footprint

PYMNTS

Allpoint Network , a surcharge-free ATM network with 43,000 ATMs in the United States, announced the latest bank to join its ATM channel — First Tennessee Bank. The move will also add more than 570 surcharge-free ATMs to the bank’s existing network in Tennessee.

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Treasury Says PPP Loan Forgiveness Coming Soon

PYMNTS

29) it would soon begin forgiving loans granted under the PPP after borrowers and lenders complained that the Small Business Administration (SBA), the program’s manager, and Treasury employees have failed to respond to forgiveness requests, according to The Wall Street Journal (WSJ). Department of Treasury said Tuesday (Sept.

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Fifth Third Bank: Business Cash Flow Pains Are Driving Instant Payments Uptake

PYMNTS

Regional banks are following suit: First Horizon National Corporation , a regional FI based in Tennessee, has announced its partnership with a third-party technology provider to grant its treasury clients access to instant disbursement solutions. Digital disbursements therefore appear to be taking a greater role in treasury management.

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Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

PYMNTS

The financial institution said per the report that it would shutter approximately 100 locations throughout the nation, which would shrink its domestic offices to roughly 400. The company has opened a minimum of 13 “solutions centers” in places such as Nashville, Tennessee and Dallas that provide an alternative to the usual bank office.