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GenNx360 Acquires B2B Industrial, AMW Packaging

PYMNTS

Current B2B Industrial President Bill Drake will assume the role of CEO of operations of the combined companies, while current AMW Packaging CEO Chuck Farguson will take over as president of B2B Industrial's west operations, the release stated. AMW Packaging will continue to operate out of its Phoenix, Arizona, location.

Industry 181
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Building Vendor Trust With Virtual Cards

PYMNTS

PYMNTS recently spoke with Karin Rush, DPR’s leader of shared services, and Linnet Phoenix, head of corporate AP, to better understand how virtual and purchasing cards can build efficiencies in the construction market. Virtual cards move payments quickly,” Phoenix said. “We Checks take longer to reach vendors,” Phoenix said.

Cards 116
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Wholesale Change In Invoicing And Payables

PYMNTS

Better efficiencies drive better cash flow management, and better cash flow management is a function of better handling of invoices coming in for payment and going out to be paid. Another firm, Phoenix Fire, which focuses on building business partnerships, helped cement the relationship between ADS and Basware.

Phoenix 100
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Community Banks Accelerate FinTech Integrations

PYMNTS

The bank revealed it will be upgrading its infrastructure to adopt Finastra’s Phoenix core platform, and will further be adopting Finastra’s Fusion Digital Banking, LaserPro and other products as part of its digitization initiative. Surecomp Debuts as-a-Service Offering.

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New Alphabet Boss To Scrutinize High-Tech Ventures?

PYMNTS

It’s not uncommon for new management at a company, upon taking the corner office, to take a look at what he or she has been left. These efforts are grouped inside the unit known as “Other Bets,” which had an operating loss of $3.4 billion operating income reported by Google. billion through the past year.

Google 131
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

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Tide Launches Omnichannel, On-Demand Laundry Service

PYMNTS

There are also more than 125 mostly locally franchised Tide Cleaners stores that operate 24 hours a day, seven days a week in cities like Omaha, Houston and Phoenix. Consumers or building managers interested in bringing Tide Cleaners to their building or space can visit tidecleaners.com/start.

Omaha 145