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Ibotta Rewards Startup Gets Funding Infusion For Hiring, Expansion

PYMNTS

Launched earlier this year, the solution allows shoppers to pay for their purchase at leading retailers through the Ibotta app and earn cash back instantly. KDT seeks to create win-win opportunities with our partners to create transformative value for society,” said Byron Knight, managing director of KDT.

Denver 115
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NCR Expands Hospitality POS With BEC Buy

PYMNTS

NCR announced late last week the acquisition of BEC , a provider of hospitality point-of-sale (POS) technology based in Denver. With the deal, NCR will directly manage more than 2600 sites including Qdoba, Snooze Eatery and Punch Bowl Social. NCR noted BEC was an NCR POS reseller for the last twenty-three years.

Denver 117
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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Can Trust Fuel B2B Sharing Economy Growth?

PYMNTS

At least that’s the gist of a recent report out of Denver, where, according to the city’s main local newspaper , a Denver startup called venUse aims to become an Airbnb of commercial spaces. And investors are still pouring capital into companies operating in the sector.

Denver 134
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” To you, manage your interest rate risk. I remember being at a Bank CEO Network event in Denver when CEO’s learned of this knowledge nugget.

FDIC 78
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CFPB announces new appointments to advisory groups

CFPB Monitor

Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Ricardo Ledezma, Corporate Compliance Assurance Manager, San Antonio Federal Credit Union, San Antonio, TX.

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Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria

PYMNTS

Global Payments will also embed the retailer’s inventory catalog and digital receipts within the app, while consultants’ business activities can be recorded and reports pulled from a portal. Serra Managing Partner Tim Hoerr said of OPER CEO Laiderman, “David and his team are executing beautifully on a well-conceived strategy.”.

Mobile 100