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The Recency Trap and Building Deposit Balances

South State Correspondent

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing.

Marketing 195
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Uber Facilitated More Than $600M In Tips For Drivers

PYMNTS

In May, it launched mid-trip ratings and tips, and that has driven a 30 percent increase in tipping, said Uber Product Manager Dhruv Tyagi. The report noted that Uber drivers are earning the most tips in Salt Lake City, Utah; San Antonio, Texas; Kansas City, MO; New Orleans, LA; and Nashville, TN.

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Sales Were Up, Foot Traffic Was Too — But Lowe’s Disappointed Investors

PYMNTS

“As we enter 2018, we are working diligently to improve execution with a focus on conversion, gross margin and inventory management,” CEO Robert Niblock said in a statement. Given the rapidly evolving competitive landscape, we are also accelerating our strategic investments, leveraging the benefits of tax reform.”. tax reform.

Nashville 100
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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

Drivers will be able to access Mercedes-Benz vehicles in Philadelphia and Nashville with the launch, the company said in an announcement. Earlier this year, for instance, Toyota announced the official launch of KINTO , a new company to manage and operate its car subscription service. Toyota’s Move. Ford Retreat.

Nashville 130
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Ford Drops Out of Vehicle Subscriptions, While The Space Continues Acceleration

PYMNTS

In addition, Mercedes-Benz Collection is expanding its Nashville, Tennessee offering to include the Premier tier. Early this year, it launched KINTO, a company to manage and operate its car subscription service. As well, Atlanta is testing a new subscription tier made up exclusively of the company’s high-performance AMG models.

Georgia 100
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Fizzle Of The Week: The NYC Amazon HQ That Will Never Be

PYMNTS

Amazon and the city of New York managed to pull off one of history’s more spectacular break-ups this week, with the Valentine’s Day announcement that the city and the nation’s largest eCommerce firm would not be joining forces to build half of Amazon’s HQ2 in Long Island City. and Canada.”.

New York 115
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2021 GonzoBanker Awards

Gonzobanker

Congrats to Randy and a great management team. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. Randy Stevens , CEO , First Farmers and Merchants Bank , Nashville TN.

Fintech 143