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Paytronix Picks Payments Industry Veteran Porter For Board

PYMNTS

“Amy’s payments industry insight and unique experience in properly scaling a company will be valuable assets to our growth strategy,” said Paytronix CEO Andrew Robbins. “I Paytronix clearly delivers value to the market by enabling operators to drive incremental sales and deliver safer environments for staff and guests.”.

Industry 130
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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

PYMNTS

The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said.

Boston 109
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Corporate Banks Need Radical Tech Shift, Say Analysts

PYMNTS

And while partnerships, collaboration and internal product development have helped banks to improve their reputations for innovation among their corporate clients, a new report from Boston Consulting Group says it’s not enough. Baumgärtner also coauthored the report. ” Positive Developments, New Opportunities. ”

Survey 109
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Efficiency now: 8 smart strategy tips

Independent Banker

As we enter budgeting season, the answers might be found in a mix of strategies. Consider your branch strategy. Community banks need to take advantage of the digitalization of banking operations.”. ? You don’t go to school to learn how to become head of deposit operations. Recruiting is easier in some regions than others.

Strategy 135
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Amazon Tracker: Cities Clamor To Become Amazon’s Home Away From Home

PYMNTS

On Thursday, an Amazon spokesperson told Forbes the company does not engage in surge pricing, nor does it allow product prices to fluctuate based on region or delivery location. So far, however, the candidates (including Toronto, Boston, Washington, Atlanta, Dallas and Denver) seem to suffer from the same shortcomings. Prime Now, Eh?

Seattle 110
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Building A Better Digital Bridg For Customers

PYMNTS

“Digital companies like Amazon have long demonstrated the effectiveness of precision marketing through online and social media, but it’s been impossible for restaurants and retail operating in the brick-and-mortar world to duplicate those capabilities,” said Jain. Because by the numbers, every open quite literally counts. Redefining Goals .

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2021 GonzoBanker Awards

Gonzobanker

We know the customer buying and use of financial services is being fundamentally changed by fintech, but our long-term strategies to invest/partner/buy/compete are very much works in progress. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Acronym of the Year.

Fintech 147