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Clear Mountain Bank reaches new heights

Independent Banker

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Clear Mountain Bank is embracing flexibility, innovation and collaboration as it continues its ascent as a small-business connector in West Virginia. By Mindy Charski.

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Bank Regulators Probe Amazon Cloud

PYMNTS

The Federal Reserve orchestrated an official investigation of an Amazon facility in Virginia, kicking off what is expected to be ongoing oversight of cloud providers, people familiar with the matter told The Wall Street Journal on Thursday (Aug 1). Amazon is the biggest player among the many tech firms that have become essential in the U.S.

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B2B Investors Get Smart About Business Intelligence

PYMNTS

Business intelligence is a common theme in this week’s B2B venture capital (VC) roundup, with many startups deploying artificial intelligence (AI) and sophisticated data analytics technologies for their business customers. million raised in 2015, which was led by Ardent Capital. Investors placed more than $136.5

Analytics 105
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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Kenna Security. Kenna said it plans to use the funds to expand its team, focus on sales and continue innovation efforts.

US 116
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Yes, Virginia, There Are Women Leaders In Fintech

Tech and Finance

Engle has more than 30 years of experience at AT&T, Lehman Brothers, Barclays Capital, DTCC and Bank of America. Her reputation has been built around her ability to drive regulatory and industry dialogue while developing product and market strategies that integrate with an evolving regulatory and innovation landscape.”.

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Digital Disruption

Independent Banker

It’s a worrisome and complicated dynamic that’s putting competitive pressure on community banks, but it’s also creating opportunities through data analytics, partnerships and the ability to innovate to meet evolving customer demands. “We Now it has a small-business financing program, Square Capital.

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The World Gets Its Libra Look — And Is Divided On What It Sees

PYMNTS

Some of the more notable members include Mastercard, Visa, PayPal, Stripe, PayU, Andreessen Horowitz, Union Square Capital, Coinbase, Xapo, eBay, Uber, Lyft, Farfetch, Mercado Pago, Spotify and Vodafone. RBC Capital Markets Analysts Mark Mahaney and Zachary Schwartzman seemed particularly enthusiastic. “We He said to forget the 1.7