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Market Watchers Say US Recession Is Coming

PYMNTS

Market watchers have sent out a warning that the U.S. Credit spreads are the other element that’s a pretty big tell,” said Gene Tannuzzo, senior portfolio manager at Columbia Threadneedle Investments in Minneapolis. Some fund managers also believe that a strong U.S. economy might be heading toward a recession.

Marketing 116
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Uber Facilitated More Than $600M In Tips For Drivers

PYMNTS

In May, it launched mid-trip ratings and tips, and that has driven a 30 percent increase in tipping, said Uber Product Manager Dhruv Tyagi. Lyft , noted the report, is operating in fewer markets than Uber — Lyft is in the U.S. and Canada while Uber has operations around the world.

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. Acronym of the Year.

Fintech 147
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Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Labs Insights

Digital wealth management platform. Employee expense reporting management. Mobile payments & personal financial management. HQ: Minneapolis, Minnesota. Tax filing portal. AI for detecting stock market manipulation. Tags: Consumer, tax prep, payments. Latest round: $60 million. Source: Crunchbase.

Fintech 12
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

Stock market charting tools. Lien rights management. Tags: Advisors, investing, social, marketing, sales, trading. Latest round: $52 million (post-IPO equity). Total raised: $75+ million. HQ: Atlanta, Georgia. Source: Crunchbase. Cumulus Funding. Personal loans repaid by share of income. Total raised: $31.85 Latest round: $5.6

Company 12
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The US Government’s eInvoice Mandate: Better Late Than Never

PYMNTS

Adoption of Electronic Invoicing: Challenges and Opportunities report released by the Federal Reserve Bank of Minneapolis in 2016, government officials noted the role eInvoicing plays in the broader effort to improve the U.S. faces unique hurdles in boosting eInvoice adoption compared to other markets, the report noted. In its U.S.

US 106
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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named 2015 CFO of the Year (Kurt Ishaug) by Minneapolis-St. Signed deal with Vision FCU to provide its money management app. Partnered with fellow Finovate alum NCR to launch new money management platform. Powered Homeownership Preservation Foundation’s digital money management app. Entrust Datacard ( FD15 ).