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How Federal Debt May Impact Banking

South State Correspondent

APRIL 4, 2024

However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model. By 2028, debt as a percentage of GDP will reach a historical high of 106% and will reach 200% by 2050. With time, these changes will only amplify.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

DECEMBER 9, 2019

percent through 2028, according to Boston Consulting Group. Nashville community bank Studio Bank was the first FI to adopt the AvidPay solution. The integration means banking customers will gain access to the AvidPay network for streamlined accounts payable (AP). The company announced on Thursday (Dec.

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