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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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Can Pivotus Help Save Banks from Themselves?

Bank Innovation

Pivotus Ventures, a new venture capital firm launched by Umpqua Holdings Corporation, believes that drastic action is needed to keep banks relevant in the coming years. Just last year, the Portland, Oregon-based corporation performed the rare feat of upgrading its core Read More. If any FIs can do it, Umpqua is certainly among them.

Portland 150
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Why now is the time to update your bank’s corporate governance

Independent Banker

“[These] should be living and fluid documents that you update periodically based on changing risk and the bank’s ability to manage and mitigate that risk,” says Ron Green, CEO of $675 million-asset Oregon Pacific Bank in Florence, Ore. Oregon Pacific Bank had to close lobbies and send half of its workforce home. Quick Stat.

Oregon 91
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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. BIP Capital.

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Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink

PYMNTS

Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Nikki Smith, a baker and caterer in Oregon, collected $96. Porter Capital Offers New Funding Tools To PPP Recipients. bank profits are expected to sink.

Arkansas 152
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Ninth Circuit holds debt collector’s statute of limitations mistake can qualify for FDCPA bona fide error defense

CFPB Monitor

Cascade Capital, LLC , after an Oregon state court dismissed a collection lawsuit filed against the plaintiff by the defendants because it was barred by the state’s four-year statute of limitations (SOL) for sale of goods contract claims, the plaintiff filed a putative FDCPA class action against the defendants in an Oregon federal district court.

Oregon 78
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ID Experts Light Up Portland

PYMNTS

News out of Oregon implies significant appetite among investors for cybersecurity firms. Early in the year, the company raised $5 million from backers that included BlueCross BlueShield Venture Partners and Oregon-based Rogue Venture Partners. The new owners of ID Experts are Peloton Equity and Trident Capital.

Portland 100