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Scottsdale Community Bank: Making microloans

Independent Banker

embraces a combination of the latest technology and traditional beliefs about finance and business growth. The technology it uses allows it to maximize efficiency while minimizing costs in its operations. Besides using the latest technology, Scottsdale Community Bank relies on truly personal service.

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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.

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Tuesday Morning Seeks Chapter 11 Bankruptcy Protection

PYMNTS

To decrease its outstanding liabilities and bolster its total financial position, Tuesday Morning Corporation said in a statement that it has filed for Chapter 11 bankruptcy to pursue “financial and operational reorganization.”

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Uber Debuts $50 Hourly Ride Option In Select US Cities

PYMNTS

Starting next month, ridesharing users in a dozen cities can opt in for a $50 an hour ride, Uber Technologies Inc. Within the Uber app, you’ll be able to request this trip as you would any on-demand ride, while setting multiple stops as needed throughout your journey,” Niraj Patel, Uber’s director of rider operations, said in a statement.

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Wholesale Change In Invoicing And Payables

PYMNTS

One industry — that of wholesale distributors — has lagged the technology adoption curve and thus benefits from attempts to maximize and streamline payments. Another firm, Phoenix Fire, which focuses on building business partnerships, helped cement the relationship between ADS and Basware.

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Report: Amazon Slows Alexa Staff Hiring To Improve Margin

PYMNTS

Amazon has put some hiring on hold in its Alexa operation amid the pandemic, Bloomberg reported, citing two unnamed sources. The six targeted cities include New York, Phoenix, San Diego, Detroit, Dallas and Denver and will be a part of an investment in excess of $1.4

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New Alphabet Boss To Scrutinize High-Tech Ventures?

PYMNTS

Those would include the self-driving cars, the drone business and the various “smart” technologies. 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. That comes as a drag against the $36.5

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