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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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Neiman Marcus Emerges From Chapter 11

PYMNTS

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Neiman Marcus Holding Company Inc.

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HighRadius And Genpact Team Up On Accounts Receivable Automation 

PYMNTS

. “Many enterprises today have been unable to streamline their receivable processes, negatively impacting business operations and profitability,” said Genpact Chief Strategy Officer Katie Stein. 5 at the Order to Cash and Treasury Unconference at the AT&T Stadium in Dallas, Texas. .”

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How We Eat Post-Pandemic

PYMNTS

PYMNTS’ June 2020 How We Eat Tracker notes that, “Amazon, Target and Walmart were already well-positioned to adapt to this new digital reality, as they all had robust mobile and online ordering operations long before the pandemic hit. Adapt, Pivot and Innovate’. Ready or not, like it or not, grocery shopping has permanently changed.

Dallas 131
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Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. More recently, news emerged that Pawscout has secured $3 million in seed funding from Leadout Capital. Walmart will kick off the expansion with new clinics in the Dallas-Fort Worth area.

Retail 122
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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. Select VC Investors: Khosla Ventures, Social Capital.

Maine 70
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Are Flying Cars Really The Wave Of The Future?

PYMNTS

Uber had already selected Dallas and Los Angeles as the first domestic launch cities for uberAIR, scheduled for demonstration flights in 2020, with regular service expected in 2023. Upfront capital costs for air taxi services will run lower than for traditional helicopters. city to host the company’s envisioned flying taxi service.