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Bad Actors Emerge in PPP Lending – More Expected as Forgiveness Guidance Emerges

Abrigo

As expected, bad actors are surfacing, and financial crimes divisions of community financial institutions are struggling with the realization that loans rushed through may be fraudulent. In the case of the two men in Rhode Island, there were several red flags pointing to fraud. Industry officials warn it won’t be the last.

Lending 195
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Bringing The Farmers Market Online With Apps

PYMNTS

Customers download the app through the Apple App Store or Google Play and sign up for the service and choose the market that suits them. It offers delivery or convenient pickup locations in the community as it has partnerships with breweries, libraries and workplaces. There is not a lot of noise like in Boston and New York.

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

Cava has around 30 restaurants in the DC, LA, and NYC markets, and its packaged dips and spreads are sold in more than 200 Whole Foods Market stores. Ample Hills Creamery — named for a line in a Walt Whitman poem — is an ice cream shop and “community gathering place.” sweetgreen. Total Disclosed Funding: $122M.

Maine 70
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How Big Tech Is Finally Tackling Cybersecurity

CB Insights

Its market cap seemed unaffected until July 2018, when Facebook lost around 20% of its value in one day off of news of slowing user growth. is a Boston-based startup that verifies government-issued IDs for third-party businesses. Table of contents. In the last few years, Facebook has been in the spotlight for a myriad of controversies.

Google 76
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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

But a few common threads do emerge, such as an inability to generate sustainable revenue, bad product-market fit, losing to competitors, and (of course) simply running out of money. via Beta Boston. As you’ll see below, the reasons for failure are varied. The Top 20 Reasons Startups Fail. Total disclosed funding: $185.3M.

Capital 78