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Regional, Community Banks Face Digital Challenges Post-Pandemic

Banking Exchange

Greenwich Associates reports widening gap in digital investment between national and regional banks Community Banking Feature3 Feature Technology Retail Banking Covid19 PPP Customers Tech Management Mobile Online.

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Bitcoin Daily: Chinese Leaders Back Regional Digital Currency Plan

PYMNTS

The Official Monetary and Financial Institutions Forum (OMFIF) unveiled the debut of its Digital Monetary Institute, Cointelegraph reported. The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. .

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Bitcoin Daily: OMFIF Debuts Digital Monetary Institute; Chinese Leaders Back Regional Digital Currency Plan

PYMNTS

The Official Monetary and Financial Institutions Forum (OMFIF) unveiled the debut of its Digital Monetary Institute, Cointelegraph reported. The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. .

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Qatar National Bank Reportedly Breached

PYMNTS

Qatar National Bank (QNB) is looking into allegations that the names and passwords of many of its customers were compromised, Reuters reported on Wednesday (April 27). The Doha News website reported that 1.5 The largest lender in the Middle East and Africa by assets may have become the victim of a cybersecurity data breach.

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Coronavirus A Major Global Job Killer, Report Finds

PYMNTS

The coronavirus crisis wiped out the equivalent of nearly half a million jobs around the world by the end of June, according to a new study by a United Nations agency. trillion, the ILO reports. And the bleeding doesn’t look close to stopping anytime soon. 23) press release. Total working hours are projected to drop by 8.6

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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. With the tie-up, the items are listed under handles for regional Goodwill locations. People who shop at Goodwill triple their impact.

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How Brick-and-Mortar Banks Can Seize The Digital Moment

PYMNTS

Local and regional banks may have once been more insulated from these trends than other businesses since they are often trusted names within their communities and maintain long-standing relationships with their customers. In contrast, national bank customers are less likely to switch FIs, with 25.9 percent of national banks, versus 77.5

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