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Sector Income Hit by Covid-19 – but Community Banks Win Out

Sector Income Hit by Covid-19 – but Community Banks Win Out

Second-quarter income for US banks was down 70% year-on-year – but community banks are thriving, FDIC data shows
Four Banks Partner to help Connecticut’s Underbanked

Four Banks Partner to help Connecticut’s Underbanked

Individuals without access to basic banking services can now open accounts through a state-wide initiative being rolled out across Connecticut
Digital Dollars and Pandemic Pressures

Digital Dollars and Pandemic Pressures

The digital evolution of banking in a post-COVID environment
Pennsylvania, California Groups Invest in Tech to Boost Services

Pennsylvania, California Groups Invest in Tech to Boost Services

A bank and credit union are seeking to enhance their digital offerings while also automating back-office services
Banks ‘Must Embrace New Models to Survive’

Banks ‘Must Embrace New Models to Survive’

Forrester report says banks must choose between D2C, banking as a service, marketplace selling or platform models
Credit Card Volumes Fell as Pandemic Hit: ABA Data

Credit Card Volumes Fell as Pandemic Hit: ABA Data

Spending fell as the economy closed at the end of Q1 2020 and consumers sought to be “diligent” with debts
What the Covid-19 Pandemic Means for Mortgage Defaults

What the Covid-19 Pandemic Means for Mortgage Defaults

Default rates have yet to reflect the economic impact of the pandemic, according to Milliman – but may not be as bad as expected
ABA Urges Support for PPP Forgiveness Bill

ABA Urges Support for PPP Forgiveness Bill

Support comes as Republicans have proposed another $60 billion for the small business loan fund
Where Banks Are (and Aren’t) Hitting SRI Targets

Where Banks Are (and Aren’t) Hitting SRI Targets

An analysis of major European banks has found shortfalls on sustainability practices
The Numbers Behind the Collapse in M&A Deals in 2020

The Numbers Behind the Collapse in M&A Deals in 2020

Delayed and abandoned transactions punctuated a weak period for activity in the first half of the year, says PwC
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