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Postmates Waves Goodbye to Community Managers

PYMNTS

As such, there will likely always be a need to adjust staff and operations from time to time. To do this, the company, which currently runs 44 locations, chose to make its operations leaner with the elimination of its community manager. This is a lesson on-demand delivery service Postmates just recently learned.

Community 100
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Funding Round Could Give AvidXchange $2B Valuation

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In order to be eligible for Technology Fast 500 recognition, companies must have current-year operating revenues of at least $5 million and own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. The company announced on Thursday (Dec.

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10 Lessons From The Small Business Banking Conference

South State Correspondent

Recently, the American Banker hosted their annual Small Business Banking Conference in Nashville, and as always, it was one of the better banking conferences of the year. Many banks were looking to install more automation to lower operating costs. Gaining operating leverage is critical to produce above-average profitability in banking.

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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. Many banks fall into the “recency trap.”

Marketing 195
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Tide Launches Omnichannel, On-Demand Laundry Service

PYMNTS

There are currently boxes in Dallas, Boston, Cincinnati, Nashville, Denver, Washington D.C. 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. The app will notify customers when the laundry is ready.

Omaha 145
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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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Carvana Stock Falls Short On First Day Of IPO

PYMNTS

Founded in 2012, the Phoenix-based company sells cars through its website and operates automated towers that store cars in U.S. cities, such as Austin and Dallas in Texas and Nashville, Tennessee. are acting as joint book-running managers for the offering. and JMP Securities, LLC are acting as co-managers. “I

Nashville 128