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Why small banks may shun Zelle

Payments Dive

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Why small banks may shun Zelle The peer-to-peer payment network charges comparatively higher transaction rates, but also offers the potential for new customers, consultants say.

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Market First, Regulation Later? The American Open Banking Journey

Open Banking Excellence

Open banking in the United States is rapidly evolving, driven by both market initiatives and ongoing regulatory discussions. contrasts it with developments in Europe and the UK, and highlights key insights for the future of open banking in the country. Open banking in the U.S. has relied more on voluntary industry initiatives.

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First New Community Bank In Decades Headed To US Market

PYMNTS

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. MOXY Bank, for example, aims to introduce corporate treasury management services, as well as offerings for small business (SMB) owners.

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Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

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FDIC-Backed Institutions Rake In $40.8B In Q4

PYMNTS

23) that commercial banks and savings enterprises that it insures reported net income in the aggregate of $40.8 That growth, the FDIC said, came mainly from a $6.8 billion decline in non-interest expenses, which were off due to a decline in litigation expenses. However, banks are operating in a challenging environment.

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Three Small US Banks Collapse Over Past Month

PYMNTS

recorded its fourth bank failure this year — the first collapse of financial institutions since 2017, according to data from the Federal Deposit Insurance Corp ( FDIC ). 1 when City National Bank of New Jersey closed its three branches with assets of about $120.6 Resolute Bank in Maumee, Ohio closed on Oct.

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FinovateSpring 2025 Sneak Peek Series: Part 6

Finovate

Commercial banks, community banks, credit unions, B2B fintechs, etc. Casca With Casca , FDIC-insured banks and non-bank lenders fund small business loans in under seven days with 90% workflow automation, reduced costs, and thousands of hours in operational efforts reclaimed.