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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. The data would indicate not marketing to a new customer is a mistake.

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

PYMNTS

Lyft , noted the report, is operating in fewer markets than Uber — Lyft is in the U.S. 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. and Canada while Uber has operations around the world.

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

PYMNTS

Given the rapidly evolving competitive landscape, we are also accelerating our strategic investments, leveraging the benefits of tax reform.”. housing market and the increasing transition of the millennial generation into home ownership mode. tax reform. Lowe’s also expects to open 10 new stores over the course of the year.

Nashville 100
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Mercedes-Benz To Pilot High-End Vehicle Subscription Service

PYMNTS

The service will run in partnership with Mercedes-Benz dealers and will launch as a pilot in June in Nashville and Philadelphia. It includes a $500 activation fee, credit check and also covers vehicle tax, registration, insurance and maintenance. Users can download the app and start scheduling future rides on the same day.

Atlanta 101
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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Indeed, the anticipated compound annual growth rate (CAGR) of the global automotive subscription services market through 2022 is 71 percent. Ford Retreat.

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

PYMNTS

The anticipated compound annual growth rate (CAGR) of the global automotive subscription services market through 2022 is 71 percent. In addition, Mercedes-Benz Collection is expanding its Nashville, Tennessee offering to include the Premier tier.

Georgia 100
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Bank Brand Value: Calculated!

Jeff For Banks

I selected a bank in this group, First Bank of Nashville, Tennessee, because I was recently there. I could not use transaction accounts because of financial institutions' reclassing transaction accounts to savings/ money market accounts to reduce their Fed requirement.