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Database Management Startup Fluree Snags $4.7M For Blockchain Tech

PYMNTS

Fluree, a database management startup based in North Carolina, has raised $4.7 something you can’t do with current databases or other data management technologies,” he said. “It The startup has a free community edition and a paid version with more controls. The funding round was led by 4490 Ventures.

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First Horizon Continues M&A with Truist Branch Purchases

Banking Exchange

First Horizon has acquired 30 North Carolina branches from Truist, adding $2.3 billion in deposits Management Feature Feature3 M&A Community Banking PPP Covid19.

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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

The bank said about 30 percent of the branches will be in low or moderately low income communities. The new locations will include Charlotte, North Carolina; St. Louis, Missouri; Pittsburgh, Pennsylvania; Kansas City, Kansas and Greenville, South Carolina, among others. To us, this is so much more than building branches.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Founded in 2000 by CEO Michael Praeger, the Charlotte, North Carolina-based firm provides software that automates payments, invoicing and accounting for small and mid-sized businesses (SMBs). Nashville community bank Studio Bank was the first FI to adopt the AvidPay solution. The company announced on Thursday (Dec.

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Banking's Top 5 Total Return to Shareholders: 2023 Edition

Jeff For Banks

Communities First Financial Corporation (Now FFB Bancorp) (OTCQX: FFBB) #2. It is a Minority Depository Institution (MDI) and is one of only a few North Carolina banks designated by the U.S. Treasury as a Community Development Financial Institution (CDFI). Coastal Financial Corporation (Nasdaq: CCB) #3. NasdaqGS: FCNC.A)

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3 business payments trends to watch

Independent Banker

As consumers’ changing preferences prompt community banks to deliver new technologies, here are some of the top trends to keep your eye on. Let’s look at a few of these trends, how community banks can determine if they’re right for them and how to get on board. By Mary Yerkes. are now contactless.

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Park National to close 21 branches in Ohio and North Carolina

American Banker

The Ohio company said the decision reflects branch overlap and lower customer usage of the locations being shuttered.