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

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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FIs Embrace FinTech Options To Bolster Business Banking

PYMNTS

City National Bank, Extend Pair On Virtual Cards. To launch its new virtual commercial card offering, City National Bank is working with FinTech Extend, the companies recently revealed. Miami-based Apollo Bank is turning to a third-party FinTech to strengthen its corporate payments and treasury management offering.

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A digital-first bank for south Florida

Independent Banker

While many banks are utilizing technology and trying to be innovative, they are doing so on an existing legacy structure that is too expensive, painful and ingrained in their culture to change.”. Costello has also held senior roles at Bank of Florida, City National Bank and Nations Bank during his 30-year banking career.

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Retail’s Small Business Crisis

PYMNTS

The percentage of sales lost by those physical store franchises can be seen not only in the pretty charts and graphs that we produce and share on a regular basis but the ongoing drumbeat of the national and regional store closings for those brands that can no longer keep up. There weren’t easy ways to innovate retail business models.

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Tech Center: Orlando Dips Its Toes Into Tech Startup Water

PYMNTS

The latest pieces of tech news to hit the Orlando tech scene are Lockheed Martin ‘s $100 million missile deal and Elon Musk’s Hyperloop One transit system that promises to get people from Miami to Orlando in 26 minutes. PYMNTS: Which sectors of the technology landscape are thriving in Orlando?

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The 2015 GonzoBanker Awards

Gonzobanker

Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. Popular Community Bank in Miami. Jill’s use of Twitter is a model for any bank CEO looking to engage on social media. Click to enlarge. ‘It

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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

Discount and budget retailers are capitalizing on this, targeting their stores toward consumers that are looking for a bargain. Dollar stores selling household essentials, food, and clothing capitalize on a growing population of low-income consumers that are under financial strain and often looking for a deal. Organic and cheap.

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