Sunday, December 4, 2016

FinTech Charters Will Increase Competition with Community Banks

The announcement by the OCC on December 2nd that it will offer FinTech companies the opportunity for a charter opens a new avenue of competition for community banks.  As the WSJ points out in its story,




Those FinTech lending companies are a perfect example of those ready to respond with added services to get new revenues and relationships.  It is time for your financial institution to provide digital technology to compete, like our MinuteLender® digital technology for consumers and small business.   Contact us today for a demo, or  register here for our next webinar on “Digital Lending for Community Banks,” on December 20th at 2:00 pm EST.


3 comments:

  1. Recently i start writing content for them actually who wants to get Bank loan. Now i visit your website then i get knowledge about community bank. I will write my best essay. Hope my visitor will pay for essays . Thanks for your good post.

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  3. Now most of the banking organizations are continue their competition each other. But at present most of the client choose payday loan because now they are providing different kinds of loan with out lots of difficult requirements. I am also happy for that.

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