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Lawsuits Pile Up For Cap One, Amazon Post Hack

PYMNTS

Capital One and Amazon Web Services are being sued by customers due to the massive hack that impacted more than 106 million people, GeekWire reported. She formerly worked for Amazon Web Services, which hosted the Capital One database that was breached. The hack has led to multiple lawsuits against Capital One.

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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. BIP Capital.

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New Unemployment Claims Down 48K To 709K

PYMNTS

31 were in Illinois (+20,377), Kentucky (+3,868), Pennsylvania (+3,768), Ohio (+3,766) and Kansas (+2,711), while the largest decreases were in Massachusetts (-8,470), Georgia (-6,442), New York (-5,883), Michigan (-3,067) and New Jersey (-2,500). The highest insured unemployment rates in the week ending Oct. and Alaska (6.1).

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Lenderfit Launches SMB Lending Tech In Beta

PYMNTS

.” Right now, the company can support micro-loans of up to $35,000, and has so far facilitated $750,000 in small business loans as the company spreads from Kentucky to neighboring states. Federal Reserve found an increase in small business capital demand in 2018 compared to 2017. Recent research from the U.S.

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Bankers: What's Your Art of War?

Jeff For Banks

FFKT Farmers Capital Bank Corporation (the “Company”), Frankfort, KY FFKT is a financial holding company which had four wholly-owned bank subsidiaries at year-end 2016. The Company provides a wide range of banking and bank-related services to customers throughout Central and Northern Kentucky. Citizens Northern”), Newport, Kentucky.

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Wells CEO Faces Hill Grill On Account Scandals

PYMNTS

In reference to questions about capitalization, Scharf maintained that the bank is “extremely” well-capitalized and stated that the entire banking system is better capitalized than it was during the financial crisis a decade ago. In another line of questioning, Rep.

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Weirdness Is Currency In The Attention Economy

PYMNTS

Playing with one’s food is all part of the Kentucky Fried Chicken (KFC) value proposition. There was the Watt A Box that let customers charge their phone while eating dinner, the Gamers Box that came with a mount for the phone as well as controllers attached to the sides — and now, the KFO, short for Kentucky Flying Object.

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