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Fears of a recession abound, but payment and other financial technology companies that can address pressing business challenges will draw funding, according to venture capital investors.

The Nashville bank has recruited a veteran commercial lender in Asheville who had worked with First Horizon, and it has hired four more bankers in Chattanooga.

Bank regulators are pushing large regional banks to have more definitive resolvability plans as part of their merger review, but some observers say those requirements are effectively new capital requirements by other means.

The agency’s mission is popular with the public, which has a long memory when it comes to the past misdeeds of the banking industry.

Bank of Montreal is raising the minimum wage for its U.S. branch and contact-center employees to $20 an hour, its second such pay bump in less than a year, as companies fight for workers in a tight labor market.

Mike Lux, founder of Mike Lux Media, served in the Clinton White House, the Clinton and Obama transition teams and as a senior advisor to the Democratic National Committee.

Spiking interest rates, increased regulatory scrutiny, and mounting recession fears have all contributed to a deceleration in mergers in 2022.

Anthony Macciola is chief innovation officer at North Carolina-based ABBYY, a global digital intelligence company. He holds more than 45 patents for technologies in mobility, text analytics, image processing, and process automation and is leading AI initiatives at ABBYY.

The online consumer lender touts its AI-based underwriting models as a key strength, but analysts say larger-than-expected losses on some of its loans are contributing to funding pressures.

Securities regulators in Texas and Alabama are expanding their investigations into Voyager Digital and Celsius Network to account for new information arising from the implosions of the two crypto-lending firms.