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$511 billion has been borrowed through the PPP, with smaller banks and lenders accounting for half of all loans
Cross River Bank’s partnerships with more than 30 fintech companies has enabled it to loan more than PNC, US Bank and Trust
The merger was delayed due to the impact of COVID-19, but is now expected to complete this year
Policymakers have agreed to give companies using the PPP more flexibility reflecting the continued economic challenges of COVID-19
Users, both remote and local, require direct access to the internet for cloud and Security-as-a-Service (SaaS) applications
Facing unyielding competition from new players, banks are on a quest to optimize customer profitability
Schwab announced its plan to buy TD Ameritrade late last year, prompting the DOJ’s Antitrust Division to launch an investigation
The COVID-19 pandemic is likely to set back merger and acquisition (M&A) plans in the US banking sector at least in the short term
Ponce Bank has entered into a partnership with Grain Technology to use its AI-powered credit tools
Understanding the capital, regulatory and investor needs will allow a community bank to determine the best way forward
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Dana Weinstein,
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Dana Weinstein is Head of Product at Tesser, bringing eight years of experience building payments products across US domestic and cross-border rails.

She launched Visa Direct Payouts, architecting a payout capability that now reaches 11 billion endpoints across cards, accounts, and digital wallets...