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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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Can Trust Fuel B2B Sharing Economy Growth?

PYMNTS

At least that’s the gist of a recent report out of Denver, where, according to the city’s main local newspaper , a Denver startup called venUse aims to become an Airbnb of commercial spaces. And investors are still pouring capital into companies operating in the sector.

Denver 134
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NCR Expands Hospitality POS With BEC Buy

PYMNTS

NCR announced late last week the acquisition of BEC , a provider of hospitality point-of-sale (POS) technology based in Denver. With the deal, NCR will directly manage more than 2600 sites including Qdoba, Snooze Eatery and Punch Bowl Social. NCR noted BEC was an NCR POS reseller for the last twenty-three years.

Denver 117
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Foundry Group Leads $30M Seed Funding For Matchstick Ventures

PYMNTS

The company has already backed several startups, including Denver’s Soona, a same-day photo and video content creation studio that is dually based in Minneapolis and Denver, Colo. . JPK Capital also participated in the funding round. Both Zola and Broshar were founders before they were funders. Onward raised $1.5

Groups 101
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Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria

PYMNTS

Mobile Payments Startup OPER Raises $750,000. Serra Ventures, which provided the financing, is showing confidence in OPER — short for order, pay, earn, redeem — a mobile payments and rewards platform. OPER is led by co-founder and CEO David Laiderman , who is seeking a total of $1.5 iZettle To Be Challenged In The U.K.

Mobile 100
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CEO Roundtable: Ideas for a successful 2023

Independent Banker

We recently spoke with community bank CEOs from across the country to gain insights on how they’re proactively positioning to manage risks and take advantage of growth opportunities in the coming year. billion-asset ANB Bank in Denver. Sills: Our bank has about $100 million in new capital. Illustration by Jack Hudson.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Linda Feighery, Vice President and Community Reinvestment Act /Fair Lending Officer for Citywide Banks, Denver, CO. Jacksonville, FL.