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Bitcoin Daily: US Regulators Join Global Financial Innovation Network; Colorado Explores Crypto Banking For Cannabis Firms

PYMNTS

The Commodity Futures Trading Commission ( CFTC ), Federal Deposit Insurance Corporation ( FDIC ), Office of the Comptroller of the Currency ( OCC ), and the Securities and Exchange Commission ( SEC ) have announced that they are joining the Global Financial Innovation Network ( GFIN ). Jack Tate told CoinDesk.

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Some SMBs Switched Banks When PPP Loans Failed To Come Through

PYMNTS

needed financial help in April as the pandemic led to a loss of customers, founder Pavia Rosati turned to her bank, Capital One Financial Corp., But the New York consulting firm was on its own because Capital One wasn’t prepared to accept applications for the Paycheck Protection Program (PPP) when it launched. That was it.

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B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

One India-based B2B eCommerce startup, Bikayi, recently announced it raised $2 million in seed funding from a range of backers, including Mantis, a venture capital firm founded by pop artists the Chainsmokers. Cloudentity saw the Series A investment led by ForgePoint Capital, while WestWave Capital also participated.

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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised. Honorable Mention.

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AeroPay Closes Seed Round Led By Continental Investors

PYMNTS

Alternative payments platform AeroPay is looking to accelerate its growth after closing a seed round of capital led by a top FinTech investment firm. A division of Partner Colorado Credit Union, Safe Harbor provides a compliance-based banking program for cannabis businesses. The Chicago-based FinTech announced on Tuesday (Sept.

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Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

Right now, Whole Foods has about 470 stores around the nation – which isn’t much considering the proliferation of Walmart and Kroger stores, but it now has the capital to expand into previously unreachable areas, like Montana. The store shut down in the middle of last year, and there haven’t been any new tenants since.

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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

• Denver, ColoradoColorado Federal Savings Bank ($558 million). Flagstar capitalizes on going local, too. • Cleveland, Ohio – First Federal Savings and Loan Association ($955 million). • Dallas, Texas – PlainsCapital Bank ($1.89 • Detroit, Michigan – Flagstar Bank ($4.65

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