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5 Steps to Better Treasury Management

South State Correspondent

Part of this ROE value is driven by an average beta of 9 for a TM customer compared to an average beta of 50-60 for a money market or other interest-bearing deposit account. If they do market, it is to every commercial customer in the footprint, which often results in suboptimal marketing results.

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US Liquor Sales Rise, But Not Enough To Offset COVID-Related Global Revenue Decline

PYMNTS

billion) write-down as a result of a bigger-than-expected decline in sales, as demand for its range of alcoholic beverages has plummeted in nearly all markets. By region, Diageo’s Asia sales saw the biggest drop at 16 percent. However, not all regions showed declines: North America bucked the trend and saw its sales rise 2 percent.

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10 Lessons From The Small Business Banking Conference

South State Correspondent

The real reason that this conference makes our favorites list is that this is one of the few conferences where we can learn what the largest and most progressive banks are doing in the market. Many banks were looking to install more automation to lower operating costs. Increasing lifetime value was a common discussion with every bank.

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Movile CEO: Creating LATAMs Mobile Commerce Ecosystem

PYMNTS

That a market is massive and emerging as a target for digitization, does not necessary mean it will be an easy target to pursue — a lesson learned the hard way by Facebook in June when regulators hit the pause button on its adding payment capabilities to WhatsApp in Brazil. This is definitely happening.

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Asia-Pacific’s Anti-Cash Migration Spreads To Corporates

PYMNTS

And while that trend is universal, the Asia-Pacific region is a particular hotbed for mobile FinTech. Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too. Earlier this month, MC Payment said it raised $3.5

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Row in the Same Direction: Branch Profitability in Practice

Jeff For Banks

This is a tall order because in my experience, branch profitability is not widely calculated, and certainly not widely used in creating the operating discipline needed to deliver to the bank's stakeholders. Instead, what if the bank aspires to be the number one business bank in their markets? What's their plan? a branch manager).

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The community banks standing by hospitality customers

Independent Banker

State Bank of Texas, led by president Sushil Patel (center), has a niche working with hospitality customers like Reena and Arun Patel, who own and operate a La Quinta hotel in Dallas. The bank also helped hotel operators obtain Paycheck Protection Program (PPP) loans. Photo: R.J. billion-asset, family-owned community bank.