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California BanCorp Launches Treasury Management Consultancy

PYMNTS

California BanCorp , the holding company for California Bank of Commerce (CBC), has announced the launch of a Treasury Management Consultancy to enable firms to manage their liquidity, utilize excess cash for better investments and reduce financial risks. “We

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These Are Your Most Profitable Cash Management Clients

South State Correspondent

The treasury or cash management customer is usually a bank’s most profitable customer on a risk-adjusted basis ( HERE ). In this article, we discuss cash management profitability and rank the most profitable industries for banks to go after. Cash flow stability is also a factor in cash management profitability.

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Sing It With Me: What’s the Mask Mandate Got To Do With Wealth Management?

Perficient

California, New Jersey, Connecticut, Delaware, Oregon, Illinois, and Rhode Island have announced plans to lift their statewide mask mandates or school mask mandates, and more states have indicated they will revisit mask requirements in the near future. Mask mandates are being lifted across the country.

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LevaData Supply Management Platform Nets Bain Endorsement

PYMNTS

California startup LevaData just got a big boost. 13) announced it has begun using San Jose-based firm’s supply chain management platform in its work with consulting clients. LevaData’s cognitive platform is delivering the future of supply management to sourcing and NPI teams,” said David Schannon, partner at Bain & Company.

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Workforce Management Platform Zira Notches $3.1M Investment

PYMNTS

Cloud-based workforce management platform Zira Technologies Inc. After talking with hundreds of managers and employees across a variety of industries, we felt it was time to take the burden off of managers and their employees,” Zira Co-founder and CEO Tito Goldstein said in the announcement. “By has landed $3.1

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Business T&E Management Firm TravelPerk Buys NexTravel

PYMNTS

International travel management company TravelPerk has unveiled its acquisition of California-based NexTravel to help with its continuing growth roadmap in the American market. The NexTravel deal comes on the heels of its integration of Albatross, the risk management upstart, in July of last year. 13) announcement.

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Uber Readies Q3 Earnings As California Voters Give The Firm A Big Boost

PYMNTS

5) just as the company’s stock is soaring on the election victory of Proposition 22, a California referendum to exempt ridesharing companies from the state’s AB 5 gig worker law. Shares of Uber and other gig economy companies were rallying a day after California voters backed Prop 22. London Reprieve.