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Perficient Names Five Area Vice Presidents, Expands Executive Leadership Team

Perficient

The expanded executive leadership team will drive continued growth and operational excellence across Perficient while delivering superior solutions for clients. “As ” Prakash Chembai, AVP of India global delivery operations. and China global delivery and management consulting. Ostasz, AVP of U.S. Ostasz, AVP of U.S.

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Small business lending insights Vol. 1

Abrigo

At the same time, 59% pursued credit to meet operating expenses. Generally, small business loans benefit business owners, they also benefit communities, according to 2021 research for the SBA. Financial institutions should also cultivate opportunities to help existing borrowers manage their business and capital needs.

Lending 221
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Saltbox Opens Co-Warehousing Space For SMBs

PYMNTS

To provide small to medium-sized businesses (SMBs) with co-warehousing and coworking space, Saltbox opened a 27,000-square-foot facility in Atlanta, according to an announcement. The company said Atlanta has a diverse and growing ecosystem, with new firms, new talent, more connectivity, and greater capital. “We

Atlanta 131
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Yield Curve Impact on Bank Profits

South State Correspondent

The bigger risk to community banks’ business model is not a moderate recession induced by aggressive interest rate increases by the Federal Reserve. The Atlanta Fed GDPNow forecast is for Q2 GDP to be just under 2.50%, and the Fed Funds futures market continues to push out the start of the interest rate cuts. Yield pickup.

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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

According to an August study of digital banking by PYMNTS, banks are closing physical branches, reducing hours of operation and encouraging customers to use their websites or mobile apps to conduct transactions and reduce face-to-face interactions between customers and staff. On Monday (Oct. 5) NCR Corp.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

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Facebook’s News Accelerator Nets Extra $5M For Local Newspapers

PYMNTS

But David Grant, the Accelerator’s program manager, said that about 99 percent of the program has nothing to do with Facebook. Really, the focus is on building the right type of community. Seattle, Miami, New York, Los Angeles, Detroit, Atlanta, Austin, Chicago and Dallas, in addition to 40 locations around the world.