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CEO Davies Exits Revolut After One Year

PYMNTS

Davies’ exit comes just four days after the London-based operation announced $80 million in new funding. What a journey in the last year – leadership teams and operations in Ireland, the U.S., In February, Menlo, California-based TCV led a $500 million round. The investor was TSG Capital Partners, according to TechCrunch.

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Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. Banks can even harness external regulatory, trading and social media engagement data, all of which can be processed and analyzed to benefit their operations.

Analytics 237
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Moody’s Acquired This Climate Data And Analytics Firm To Expand Its Climate Risk Assessment Portfolio

CB Insights

Moody’s , an integrated risk assessment firm, has acquired RMS , a risk management solutions provider, for $2B. RMS: California-based RMS is a provider of climate and natural disaster risk modeling and analytics. The company has over 400 risk models that cover 120 countries.

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The BaaS Gold Rush is On

Gonzobanker

However, if BaaS is ever going to enhance shareholder value, bankers need to ensure they have the strategic focus, operational savvy, and execution commitment to do it right. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business. Panning versus mining for BaaS gold.

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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

That does little to stop events already in motion from coming into the light of day eventually, and as Hong Kong’s California Fitness chain of gyms is finding out, it does even less to quell public outrage when it happens. Minyard was founded back in 1932 and, at one point, operated more than 80 locations throughout the South.

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Investors Impressed By Mix Of AI And Analytics

PYMNTS

With more than $175 million raised for B2B startups this week, the undoubted winner was a California-based artificial intelligence data analytics company – a sign, the firm noted, of the enterprise’s increasing reliance on AI. Operating in the trade finance market, CCRManager announced $6.5 Expense Management. CCRManager.

Analytics 109
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Gearing Up New Operations

Independent Banker

billion-asset community bank’s successful foray into insurance provides valuable insight into how boards and bank management should carefully vet decisions by conducting thorough due diligence. So, today, no matter the size of a client, we can address his or her insurance and risk management needs.”.