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10 Lessons From The Small Business Banking Conference

South State Correspondent

Recently, the American Banker hosted their annual Small Business Banking Conference in Nashville, and as always, it was one of the better banking conferences of the year. Many banks expressed frustration over keeping small business banking housed within the retail bank channel. However, this was the most common structure.

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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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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Miami is Carvana’s 24th car vending machine location to date — joining Nashville, San Antonio, Houston, Austin, Dallas, Raleigh, Jacksonville, Tampa, Charlotte, Washington, D.C., Ontario (L.A.),

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The Airbnb Of Restaurants Is … Airbnb

PYMNTS

Even those who swear by Airbnb when booking travel accommodations can only use the retail platform so often. Airbnb, the vacation rental marketplace that lets individuals rent homes or apartments from other individuals while traveling, recently led a $13 million funding round for Resy, which operates in about 115 U.S.

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The 2019 GonzoBanker Awards

Gonzobanker

So many miles to go, retail bankers! And now, the GonzoBanker team salutes some other troublemakers in each individual Smarter Bank category: The Strategy Award – Goes to Studio Bank in Nashville, Tenn. In a mature credit cycle with a tough yield cure, Chase is still growing retail revenue a 7+% and mobile banking users by 12+%.

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Card-Linked Offers Consolidates: Edo Interactive Acquired by Augeo

Fintech Labs Insights

Since launching in 2007 Edo has partnered with hundreds of national and local merchants, helping each tailor a personalized digital marketing campaign to drive sales. The company will preserve the Edo brand along with its operations and headquarters location. The terms of the deal were not disclosed.

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Congrats on a brave move and national recognition Jim!

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