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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources.

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

Here, a tool like IBIS World comes in handy for setting bank strategy as you can look up any of the below industries to see their geographical dispersion. National and regional banks control 70% of the cash management market, yet most cash management customers choose their bank because of service.

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The 2022 GonzoBanker Awards

Gonzobanker

Provident Financial Services, Inc. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. Let’s see how this new scale allows for big investments in future innovation. The New Name for Community Award.

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FinovateFall 2017 Live Blog – Day 2

William Mills

Check back for new updates throughout the day. Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. New York, NY 10007.

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37 Corporate Innovation Labs In Finance

CB Insights

It operates two labs, one in Washington DC and the other in New York City, which focus on ventures that can have a significant business impact in the short term (from six months to three years). Deutsche Bank — Deutsche Bank Labs. It plans to roll out over two dozen bots in late 2018 to financial institutions for testing.

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Fall In! FinovateFall 2015 Presenting Companies Revealed

Fintech Labs Insights

Here are a few brief introductions, but be sure to check our our Sneak Peek series to learn more about the innovators and entrepreneurs who will take the stage at the New York Hilton Midtown in just a few weeks. Market segments include insurance, banks, telecom, utilities, and property management. Blockstack.io Dynamics, Inc.

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