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Citi speeds ‘full-throttle’ toward AI-based credit management

BankInovation

NEW YORK CITY — Citi is blazing a path toward comprehensive AI-based credit management. trillion Citi has leveraged AI for everything from document handling and back-office process automation to sanctions and capital management. One of the nation’s largest banks, $2.3

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China B2B FinTech Nabs The Venture Capital Spotlight

PYMNTS

challenger banks Tide and Starling Bank ramped up their competition once again as the two rivals each announced new funding. Cybersecurity startup Firedome announced $10 million in new funding this week. It noted plans to use the funding to invest in its underlying technology, with a focus on improving customer experience.

Capital 101
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Former Toast Executive To Lead Growth Push At Lunchbox

PYMNTS

The New York-based omnichannel restaurant platform announced Monday (June 22) it had hired Kabakoff as vice president of solutions. In her new role, Kabakoff will oversee Lunchbox’s “go-to-market strategy” aimed at giving restaurants an alternative to third-party ordering sites.

New York 326
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Glossier Brings Shops To Nordstrom

PYMNTS

With its perfume that has a cult-like following, Glossier is opening temporary shops in seven Nordstrom locations, with the inclusion of the retailer’s New York flagship. A Nordstrom partnership should help Glossier reach more shoppers who don’t reside close to its Los Angeles and New York stores, per the report.

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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. Popular is committed to meeting the needs of our customers and communities, guided by our 127-year legacy. SAN JUAN, Puerto Rico – October 28, 2020 – Popular, Inc.

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Visa Taps Chris Newkirk To Serve As Chief Strategy Officer

PYMNTS

Newkirk has held multiple leadership roles at Capital One since 2008, most recently as president of Small Business, International & Walmart Partnership. The executive headed up a diverse tram of associates throughout six businesses, and he served on the Capital One Executive Committee as of 2016. and New York.

Strategy 131
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Robinhood Closes On $200M In Funding, Valuation Now $11B

PYMNTS

The investor is D1 Capital Partners L.P., the two-year-old New York-based global investment firm that deploys capital in public and private markets. With this funding, we’ll continue to invest in improving our core product and customer experience.”. Robinhood Markets Inc.,