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Patriot National Hits Regulatory Snag In SBA Platform Plans

PYMNTS

Community bank Patriot National has hit a regulatory roadblock in its plans to launch a Small Business Administrative platform, but reports in American Banker on Thursday (March 13) said the financial institution remains undeterred by the challenge. Hana is one of the largest SBA lenders, facilitating $96.6

National 139
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Home Sales Up 0.6 Pct In April Despite Lockdown

PYMNTS

million, a 19 percent decline from April 2019. “… there is an undercurrent of long-term positivity in the housing market that will likely allow for a strong rebound,” said Dean Mon, chairman of the National Association of Home Builders (NAHB), in a statement last week. That’s down from 1.3

Metro 239
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Open Banking Casts Global Net

PYMNTS

Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and FinTech firms — recognize their market opportunities by embracing data sharing.

Metro 136
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Union Budget 2021: Highlights

BankBazaar

The National Sample Survey Office conducted a survey between 2017 and 2018, sampling 113,823 urban and rural households. National Asset Monetising Pipeline launched to monitor asset monetisation process. National Rail Plan created to bring a future-ready Railway system by 2030. Strengthening of Urban Swachh Bharat Mission.

Metro 122
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New Payment Rails Take On Real-Time B2B Friction

PYMNTS

In India, payments and banking technology firm Cashfree recently revealed its initiative to open up the nation’s real-time payment network to corporates with the launch of its UPI (Unified Payments Interface) stack, a solution designed to enable businesses to onboard to the rail. ” Metro Bank Loops SMBs Into Bacs.

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Community banks are thriving in Texas

Independent Banker

The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. The Houston metro took the 10th spot with a 20.3% increase, while the San Antonio metro, up 19.4%, ranked 12th. Capitalizing on an area’s growing popularity.

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A Continued Decline in Housing Inventory

TrustBank

If you are looking to buy a house, you have likely observed that the real estate market is very competitive, with increased bidding activity leading to higher prices. One reason that the real estate market is so hot is that there is very low housing inventory available. National Home Price NSA Index reported a 13.2%

Metro 52