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Small banks: Big challenges and big opportunities

Abrigo

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

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Q&A: Perficient Chairman and CEO Talks Recent Appointment to St. Luke’s Hospital Board of Directors

Perficient

Louis and a member of the University of Missouri Trulaske College of Business advisory board. We’re big believers in giving back to the communities in which we operate, and healthcare tends to be where we invest much of our time and energy from a charitable perspective. healthcare systems. Luke’s Hospital?

St. Louis 294
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At home with HOA banking

Independent Banker

Looking for an avenue to increase its deposit base, Academy Bank tapped into a market it hadn’t explored before: homeowners associations. is a full-service commercial bank with 80 branch locations in Arizona, Colorado, Kansas and Missouri. One of the very quick things we turned to were HOAs,” he says. Photo by Jason Tracy.

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BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity

PYMNTS

With the global pandemic continuing to cause market disruptions, the opportunities for fraudsters remain on the rise. The number of businesses that reported an increase in BEC attacks targeting their operations increased by 36 percent. could potentially foot a bill of billions in fraudulent furlough wage claims.”

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Why Panera Does Its Own Delivery

PYMNTS

The journey to nationwide delivery was neither easy nor short for the Missouri-based soup, sandwich and bread chain. The problems were myriad: Operational complexities were much bigger than anticipated, and finding a stable of qualified delivery drivers ended up being tough. Hurst said Panera will always have physical locations.

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The AP Approach Behind Ethically Sourced Chocolate

PYMNTS

Ensuring smooth transactions and managing payment flows to suppliers worldwide can be challenging for small- to medium-sized businesses ( SMBs ) — even without the pandemic dialing up the difficulties. Missouri-based Askinosie Chocolate , which has sold ethically sourced confections since 2007, has been tackling such challenges.

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Online Sales Tax’s ‘Pivotal,’ Post-Wayfair 2019 — And What Lies Ahead

PYMNTS

That’s because there are still two states — Florida and Missouri — that have yet to finalize their own economic nexus initiatives. Cross-border commerce, said Armbruester, is slated to be as much as 15 percent of the online retail market. “We They have to have something powered by artificial intelligence (AI) to streamline operations.

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