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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Operational Risk: Lastly, the OCC mentioned an increase in operational risk, and its intent to focus on: • Significant growth areas, new products, new or expanded services and changes in strategic direction. Many of the issues which the OCC will be focusing on ring true for all banks regardless of regulator and region.

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Juno’s Shuttering Spotlights (Some) Pressures Of Gig Economy Pay ‘Floors’

PYMNTS

To that end, in New York, the ride-hailing firm known as Juno (operated by Israeli firm Gett ), filed for bankruptcy protection this week and said lawsuits — and new minimum wage mandates — led to the decision. Bankruptcy Court in the state of Delaware. Juno may be a special case, limited to a single market.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Market share is simply shifting away from big chains that haven’t successfully innovated, flowing instead to new models for creating and selling food to customers. The sophisticated food hall: North 3rd Street Market (Brooklyn). This approach to marketing is enabling a new wave of specialized fast-casual brands to take root.

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Cloud Wars: How The Rivalry Between Amazon, Microsoft, and Google Has Enabled The Rise Of Multi-Cloud Strategies

CB Insights

Businesses around the world are looking to adopt cloud services as a way to lower infrastructure costs, accelerate software deployment, and increase operational flexibility. CSNET connected universities like California-Berkeley, Delaware, Princeton, Purdue, Washington, and Wisconsin for research purposes.

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