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10 Lessons From The Small Business Banking Conference

South State Correspondent

Recently, the American Banker hosted their annual Small Business Banking Conference in Nashville, and as always, it was one of the better banking conferences of the year. In recent years, product selection, advisory, technology, and a commitment to help support growth have jumped up in importance. The same goes for technology.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. AvidXchange has ranked among the fastest-growing companies in North America on Deloitte’s Technology Fast 500 for the past six years, the company said in a blog post last month. The company announced on Thursday (Dec.

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Postmates To Hire More Engineers As It Expands In The Seattle Area

PYMNTS

One of the job postings is for an engineering manager of operations technology, noted the report. “We The company also has offices in New York, Nashville, Mexico City and Vancouver. Earlier in 2019, it raised $100 million in funding from investors including BlackRock, Glynn Capital, Tiger Global, and others.

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How AR-AP Connectivity Tightens The Buyer-Supplier Relationship

PYMNTS

The latest initiatives include Chase, which is facilitating streamlined invoice payments to reduce friction for payers while accelerating access to capital for suppliers. With accounts payable technology expanding its focus on accounts receivable friction, the reverse is also true as AR service providers begin to tackle AP challenges, too.

Nashville 130
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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. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. According to the report , the deal comes as Carro raised some $30 million in fresh capital.

Nashville 130
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Rebeca Romero Rainey: Let’s continue to push the boundaries

Independent Banker

It was wonderful to see so many of you at ICBA LIVE a few weeks ago in Nashville, Tenn. It could be something as simple as making a loan to a new kind of business in your community, or bringing in a new technology. for our ICBA Capital Summit. . “Stepping into the unknown can help us accomplish great things.”.