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Open banking has been a hot topic these days.
We have three secrets for successful fintech partnerships to share, some of which came from your peers: fintech flexibility, removing internal barriers, and involving staff.
Three ways to handle these challenges: book more working capital loans, manage CRE portfolio challenges, and monitor nonbank and fintech competition.
There is a proposal being reviewed by the Task Force on Financial Technology that would enable fintech companies to acquire special charters to act like banks.
The Department of Justice is reviewing its bank merger guidelines.
Subscription banking is still not widespread.
With the continued demand for digital, community financial institutions that work with financial technology firms could have an advantage over those that don't.
Could Banking-as-a-Service be an option for your institution?
Digital account openings have hit record levels due to the coronavirus.
According to a recent Citi poll, 91% of bank customers prefer an app to visiting a branch.