Monthly Archives: December 2017

Mobile User Authentication: Increasing BYOD Adoption Drives Growth

December 29 — The Global Mobile User Authentication market is expected to grow from $0.86 billion in 2016 to reach $3.36 billion by 2022 with a CAGR of 25.4%.


WaterStone Partners with Grocery Store to Expand ATM Network

December 29 — WaterStone Bank announced a new partnership with FCTI Inc., a nationwide ATM network company, and Pick ‘n Save, the largest of four grocery banners of Roundy’s Supermarkets Inc., a wholly-owned subsidiary of The Kroger Co., to offer a network of 25 ATM locations at select Pick ‘n Save locations in late 2017. The new ATM network will be within WaterStone Bank’s footprint in suburban Milwaukee.


Credit Card Rewards Drives Card Selection

December 28 — The most recent Insight Summary Report from Mercator Advisory Group’s biannual CustomerMonitor Survey Series, titled U.S. Consumers and Credit: Playing the Rewards Game, reveals that bank-issued rewards programs are becoming more valuable. When considering applying for a new credit card, consumers are more likely to visit their primary financial institution and consider it more valuable than searching online at other financial institutions or at an aggregator site.


Santander Awards Nearly $6.6 Million to NPOs in Second Half of 2017

December 28 — Santander Bank announced that it awarded nearly $6.6 million in charitable contributions to 177 community-based non-profit organizations and 15 Community Development Financial Institutions (CDFIs) throughout its northeast footprint in the second half of 2017. These grants include more than $4.1 million awarded to non-profits providing financial education and small business support, including capital to low- and moderate-income (LMI) individuals, families and business owners, and more than $1 million in grant funding to private sector CDFIs. Together, these grants are part of the Bank’s recently announced $11 billion ‘Inclusive Communities’ plan, which outlines Santander’s Community Reinvestment Act (CRA) commitment across its eight-state northeastern U.S. footprint for 2017 through 2021 and details its strategy to increase its CRA activity by 50 percent and triple its investment in charitable grants.


First National Bank and Trust to Launch Small Business Digital Lending Platform

December 27 — First National Bank and Trust Company (FNBT) has selected RCGILTNER Services Inc. to deploy a new digital lending platform for small businesses in the first quarter of 2018.


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