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Mastercard Commits $500M To Boost Black Communities, Businesses

PYMNTS

Mastercard said it will invest $500 million in Black communities across the U.S. We have an obligation … to be part of the positive change Black communities so rightly need now," said Ajay Banga , Mastercard CEO. "We over the next five years in a bid to address racial disparities in financial services. This is a time for action.

Community 282
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Perficient Names Five Area Vice Presidents, Expands Executive Leadership Team

Perficient

Perficient’s AVPs represent a cross-section of the firm’s end-to-end digital consulting portfolio, and will provide leadership and strategy for areas including management consulting, cloud platform solutions and integration technologies, custom software development and mobile solutions, and optimized global delivery capabilities.

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St. Louis Colleagues Rank Perficient a Top Workplace in 2020

Perficient

” Jason Hudnall , general manager. Louis Local Business Unit who each do a tremendous job supporting their teams,” shares Jason Hudnall , general manager. See open jobs or join our community for career tips, job openings, company updates, and more! Louis Post-Dispatch survey.” Perficient, based in St.

St. Louis 530
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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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New-Hires Gain Real-World Experience in the Corporate Onboarding Boot Camp

Perficient

Though COVID-19 has moved the program online, the fourteen interns and new hires in the Atlanta-based Sitecore Business Unit are still taking advantage of this opportunity and trying to get the most out of the ten-week, intensive training Corporate Onboarding Boot Camp. “The New Colleagues Reflect on their First Weeks at Perficient.

St. Louis 531
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Small business lending insights Vol. 1

Abrigo

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. At the same time, 59% pursued credit to meet operating expenses.

Lending 221