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Cannabis Dispensary SaaS Provider Baker Technologies Raises $3.5M

PYMNTS

The funding will help with upfront capital provided to those farmers. Within banking, SolarisBank garnered $28 million, with venture capital provided by Arvato Financial Solutions, among others, which will be taken to expand the European technology platform, furthering geographic reach. Hint: It grew rapidly.)

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.

FDIC 78
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This Week In Insurance Tech: AIG Plans For Tech Investments, State Farm’s Smart Home Patent, Zesty.ai Opens AI Research Lab In Montreal

CB Insights

Eos Venture Partners and IQ Capital Partners also participated in the round. private equity round led by Long Arc Capital and BPI France. Talege , a Reno, Nevada-based digital insurance platform, raised a $5M Series A led by Merus Capital. Cover Genius partners with auto dealer management system.

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5 Top takeaways from the 2017 Risk Management Summit

Abrigo

The hundreds of people attending the 2017 Risk Management Summit hosted by Sageworks heard from dozens of thought leaders in the financial services industry. As a result, bank and credit union leaders came away from Denver and the three-day summit, which ended Wednesday, with a wealth of advice. The 2018 Summit will be held Sept.

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Data Architecture: 10 Reasons Why It Should Be In Your Strategic Plan

South State Correspondent

There were several critical strategy errors in Commodore’s history, most of them stemming from management not caring and taking the time to collect and analyze data. Bankers’ decisions stay with their capital for a very long time. On top of business intelligence, a bank needs to answer to the regulators to run a business.

Data 195
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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. The 101 Biggest Product Failures Of All Time. Total Funding: Over $100M.

Capital 78
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242 Startup Failure Post-Mortems

CB Insights

Twenty months of my absence have allowed the “professional” top managers to kill the company using the money of rich oligarchs. The initial 7 years were all about having negative working capital, positive cash flow and a sustained ability to fund our own growth. Majority shareholders abandoned it. Product: Bridj.

Company 78