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Varo Bank’s Pepe Porrata to speak at Bank Automation Summit

BankInovation

Pepe Porrata, chief operating officer at Varo Bank, will join a panel on “Ideation in Banking — the Art of Generating New Products and Services” at Bank Automation Summit 2022 on Wednesday, March 2, at 2:15 p.m. ET at the JW Marriott in Charlotte, N.C. The panel discussion will address how to use design thinking […].

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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. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”

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Bank of America’s Head of Digital to Speak at Bank Innovation ’17

Bank Innovation

Achtner leads Bank of America’s Digital Banking Practice, responsible for the development and deployment of digital solutions for the Charlotte, N.C.-based based bank. Achtner also manages the Read More.

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B2B APIs Make More Connections

PYMNTS

Momentum is a powerful force, and it looks like there’s enough of it behind open banking to finally clear the paper jam from B2B payments, making way for faster more accurate digital operations. What we do with instant payments and APIs is offer 24/7 [access to bank] services.

Charlotte 148
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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.),

Company 130
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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. 5G Potential.

Mobile 168
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CFPB: Are They Coming to Get You?

Jeff For Banks

Knowing this, very large financial institutions operate branches where they can have greater scale to drive greater profitability, which frequently excludes LMI neighborhoods, creating what is termed "bank deserts." The operating cost is largely attributable to the distribution through the branch network and regulation.