PYMNTS

MARCH 9, 2020

Many small businesses, too, are struggling to access the bank products they need to survive and thrive, like bank loans and deposit accounts. “I think it would be foolish to expect that small community banks and credit unions can afford to keep up with that market,” said Coghlan.

Credit Union 75

Credit Union Community Banks Small Business Online and Mobile Banking 75

Finovate

SEPTEMBER 17, 2024

Finastra will integrate Prelim’s technology into its Finastra Phoenix core solution to enhance the deposit account opening experience for both retail and commercial accountholders. the company provides financial services software applications for payments, lending, treasury, capital markets, and both retail and digital banking.

Accounts 59

Accounts Deposit Account Payment APIs and Integration Treasury 59

Electronic Payments Coalition

OCTOBER 20, 2023

The coalition includes organizations representing the vast majority of federally-regulated financial institutions across the country, including community banks, credit unions, and institutions serving the military community concerned about the negative impact Reg II changes could have on millions of deposit account holders.

Debit Card 40

Debit Card Fed Credit Union Regs 40

FICO

APRIL 10, 2020

We’re also starting to see a tightening in the credit market – and while banks won’t stop lending, they must re-evaluate their current credit policies and strategies. In part one of my blog series, I talked about the steps that small banks and credit unions can take to help their clients adjust in these challenging times.

Small Business 83

Small Business Credit Union Economy Accounts 83

PYMNTS

JULY 3, 2017

As always, Sullivan said, the event was popular for NACHA’s member institutions, since its outcomes directly affect every large, medium, or small bank and credit union in the nation. The CHOICE Act rolls back regulations that Sullivan said can pin down a community bank and prevent it from serving its function.

NACHA 45

NACHA Faster Payments Same Day ACH ACH 45

FICO

OCTOBER 2, 2019

Currently, small banks and credit unions only have 9% of all small business loans under $100,000. I would like to examine what I think ‘small banks’ (community banks, regional banks, and credit unions) can do to capture more market share of the small business lending market.

Small Business 40

Small Business Credit Union Federal Reserve Community Banks 40

PYMNTS

DECEMBER 13, 2017

based financial institutions (FIs) offer same-day credits. As the survey was primarily administered to small community banks and credit unions, this is a significant finding. As for consumer use cases, Herd said consumers think about their deposit accounts as being central to their banking and payments experiences.

Same Day ACH 40

Same Day ACH ACH NACHA Payroll 40