Capital One systems breached by Seattle woman, U.S. says

BankThink

Capital One Financial Corp. lost data from as many as tens of millions of credit card applications after a Seattle woman hacked into a cloud-computing company server, federal prosecutors in Seattle said. Data breaches Credit cards Banking Capital One

Capital One systems breached by Seattle woman, U.S. says

Payments Source

Capital One Financial Corp. lost data from as many as tens of millions of credit card applications after a Seattle woman hacked into a cloud-computing company server, federal prosecutors in Seattle said. Data breaches Credit cards Banking Capital One

Hacker Arrested In Capital One Breach Affecting 100M+ 

PYMNTS

A former Amazon systems engineer working for Capital One is said to be the woman behind a breach that accessed the data of over 100 million people. Thompson formerly worked for Amazon Web Services, which hosted the Capital One database that was breached.

Former Amazon worker is accused in cloud hack of Capital One

Bank Innovation

Capital One Financial said data from about 100 million people in the U.S. was illegally accessed after prosecutors accused a Seattle woman identified by Amazon as one of its former cloud service employees of breaking into the bank’s server.

Postmates To Hire More Engineers As It Expands In The Seattle Area

PYMNTS

The company is boosting the number of engineers it is hiring in and around the Seattle, Washington area. The delivery company has nine openings for engineers around Seattle, according to a report in GeekWire , citing job listings at Postmates.

Data Dive: The Uncertain Future Edition, MoviePass, Credit Cards And Seattle Taxes

PYMNTS

We’ve got 17 months’ worth of cash without further raises of capital,” the executive said. The paper noted that American Express, Capital One, Citigroup, Discover Financial and Synchrony Financial had a median return on their assets of 2.1 Seattle Taxation Change of Heart. Reports indicate that the tax comes as Seattle considers the housing crisis at least partly brought on by a local economic boom that has spiked the cost of local real estate.

Judge Denies Bail For Accused Capital One Hacker

PYMNTS

The woman who was accused of hacking into Capital One’s cloud and swiping the information of more than 100 million people was denied bail, Bloomberg reported on Friday (Aug.

Corporate Card Data Spared In Capital One Hack

PYMNTS

Corporate credit card data was not exposed in the massive Capital One data breach that came to light earlier this week, according to Business Travel News reports. Capital One uses the cloud hosting services of AWS.

Italian Bank UniCredit To Investigate Capital One Data Hack

PYMNTS

One of Italy’s most well-known banks, UniCredit, said that it was going to start its own probe into the Capital One data breach, according to Reuters. . “On Thompson formerly worked for Amazon Web Services, which hosted the Capital One database that was breached.

Capital One Hack Prompts Lawsuit, NY AG Probe

PYMNTS

The security breach at Capital One that exposed 100 million credit card applications and thousands of bank accounts and Social Security numbers is rapidly seeing repercussions. . Also on Tuesday, a man affected by the Capital One breach filed a lawsuit against the firm.

Seattle-Based Finagraph Completes $5 Million Financing

Fintech Labs Insights

The company, which demoed at FinovateSpring 2013 as BBC Easy, will use the fresh capital for both product development as well as increasing its market reach in North America. The post Seattle-Based Finagraph Completes $5 Million Financing appeared first on Finovate.

Highspot Secures $60M In Funding Round Led By ICONIQ Capital

PYMNTS

ICONIQ Capital led the round, with participation from new investor Sapphire Ventures and all existing investors including Madrona Venture Group, OpenView, Salesforce Ventures and Shasta Ventures. Investments funding Highspot Iconiq Capital investments News What's Hot

Carpool Startup Scoop Raises $60M In Activate Capital-Led Round

PYMNTS

The funding round was led by Activate Capital with participation from Goldman Sachs, NGP Capital, Total Group, BNP Capital and others. Scoop launched in its home state of San Francisco before heading to Seattle.

Seattle Bank Has Competitive CDs Statewide, 60-Month, 3.30% APY

Deposit Accounts

Offers & Promotions Seattle Bank Bank Information Page | Receive Alerts for this Bank. Seattle Bank Has Competitive CDs Statewide, 60-Month, 3.30% APY POSTED ON WEDNESDAY, JUNE 26, 2019 BY Ken Tumin Availability: CDs – 12-month (2.80% APY), 24-month (2.95% APY), 36-month (3.00% APY), 48-month (3.15% APY), 60-month (3.30% APY), $1k minimum deposit. Seattle Bank recently raised the rates on the majority of its CDs, resulting in competitive rates across the board. Forum.

‘First World problems,’ including too much capital, face Seattle bank

BankThink

Brent Beardall, who recently took the helm at Washington Federal, discusses having excess capital, myriad potential fintech partners and why he would tweak — not repeal — Dodd-Frank. Community banking Fintech Infrastructure Capital Dodd-Frank Washington

Impact Roadshow | Seattle, WA

Filene

It was also a great forum for the Coast Capital team to engage with peers within the organization and across the industry. 10:00 a.m. - 12:00 p.m. Local Host: Northwest Credit Union Association. Filene Host: Tansley Stearns.

Capital One hacked; job cuts and a reorg on tap for Citi

BankThink

Morning scan Hacking Originations Artificial intelligence Living wills Capital One Citigroup JPMorgan Chase BBVA

Banner's latest acquisition will strengthen operations around Seattle

BankThink

Community banking M&A Capital WashingtonThe company will pay $191 million for Skagit Bancorp, a deposit-rich bank in Washington's North Sound region.

HomeStreet in Seattle rejects shareholder request for board seat

BankThink

Blue Lion Capital has complained about the company's reliance on mortgages and bank acquisitions. Community banking Activist Investors M&A Capital Washington

Timberland in Wash. expands near Seattle with South Sound purchase

BankThink

Community banking M&A Capital Growth strategies WashingtonWith the acquisition Timberland would add $187 million in assets in the Puget Sound area.

HomeStreet in Seattle to face proxy battle from big investor

BankThink

Blue Lion Capital, which had a recent request for a board seat rejected, plans to nominate multiple people to run for the board at HomeStreet's next annual meeting. Community banking Activist Investors M&A Mortgages Capital Growth strategies Washington

HomeStreet in Seattle Raises $65M from Debt Offering

American Banker

HomeStreet in Seattle has raised $65 million from issuing senior debt. capital small-business strategic-alternatives community-bankingThe $4.8 billion-asset company said in a press release Friday that the proceeds from the offering with support growth and other general corporate purposes.

HomeStreet investor wants Seattle company to slow its expansion

BankThink

Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance. Community banking M&A Capital Mortgages Expense management Sailthru NMN origination no display Washington

Insights on Capital One’s trendy new “Café Concept” in Seattle

CU Insight

We work in a very urban neighborhood, South Lake Union, just a few blocks north of Downtown Seattle. The new kid on the block – offering a remarkably different experience than its neighbors – is a Capital One location. This location is the 25th Capital One Café Concept in the nation.

Remitly secures $220m to add services beyond remittances

Bank Innovation

Remitly, a Seattle-based online international money transfer service, announced $220 million of new financing on Wednesday to expand its global customer reach and stretch beyond remittances into other areas of financial services.

Heritage Financial, in deal, aims for bigger splash in Seattle area

BankThink

Community banking Earnings Capital Commercial banking WashingtonThe company has agreed to buy Puget Sound Bancorp to expand in a competitive, fast-growth market.

HomeStreet in Seattle notches legal victory in fight with activist investor

BankThink

A court agreed with HomeStreet that Blue Lion Capital failed to comply with the company's advance-notice bylaw when it submitted director nominations and shareholder proposals. Community banking Litigation Activist Investors M&A Washington

Cap One Employees Warned Of Security Issues Pre-Hack

PYMNTS

Capital One employees raised red flags over security risks before the company suffered a massive data breach. She added that the cybersecurity unit’s total head count has risen over the past several years, explaining that “the Cyber Team is a net importer of talent within Capital One.”.

11 Startups Show Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

Eleven startups participated in the Demovation challenge at the Bank Innovation Ignite conference in Seattle earlier this month. Bank Innovation Ignite 2019 Capital Commerce Compliance Exclusive Experience & Design? Community Capital Technology Diro Exagens Corp.

HomeStreet in Seattle responds to investor claim it is growing too fast

BankThink

HomeStreet's CEO said mortgage expansion and bank acquisitions — concerns highlighted recently by Blue Lion Capital — are helping the company diversify. Community banking Mortgages M&A Activist investors Sailthru NMN origination no display Washington

Catch the Early Bird Rate for Bank Innovation Ignite Before It Flies Away!

Bank Innovation

Interested in joining us for Bank Innovation Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? In Seattle, you’ll see four Ignite Ideas sessions from the following fintech innovators: Lisa Frazier, Head […].

BI Ignite 2019: HSBC Bank USA’s Innovation Head Prefers Fintech Partners to Building In-house

Bank Innovation

When it comes to innovation, banks in 2019 should look to partner first, buy second and lastly build, Jeremy Balkin, head of innovation at HSBC Bank USA said at BI Ignite 2019 in Seattle earlier this week. Artificial Intelligence Bank Innovation Ignite 2019 Capital Daily Post 2 Exclusive Open Banking Payments Premium Retail Avant BI Ignite HSBC Bank USA Marstone Remitly Samsung

Lawsuits Pile Up For Cap One, Amazon Post Hack

PYMNTS

Capital One and Amazon Web Services are being sued by customers due to the massive hack that impacted more than 106 million people, GeekWire reported. She formerly worked for Amazon Web Services, which hosted the Capital One database that was breached.

Lighter Capital Closes $9 Million Series B Funding Round, Raises $100 Million to Lend to Tech Startups

Fintech Labs Insights

Lighter Capital made a two-fold funding announcement last week. First, the Seattle-based company closed $9 million in Series B funding. Investors include: Voyager Capital. Summit Capital. Individual investors, including Lighter Capital’s Chairman, Jeff Seely.

INV Opens Demo Day to FI Attendees at Bank Innovation Ignite

Bank Innovation

Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle. INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite.

Capital One says data breach affected 100 million credit card applications

CU Insight

Capital One, the Virginia-based bank with a popular credit card business, announced Monday that a hacker had accessed about 100 million credit card applications, and investigators say thousands of Social Security and bank account numbers were also taken.

Dan O’Malley, CEO of Numerated, to Speak at Bank Innovation Ignite

Bank Innovation

will speak at Bank Innovation Ignite in Seattle in March 2019 on Building the Future of Banking. Corporate Innovations Lending Operations Bank Innovation Ignite 2019 Capital One CFPB Eastern Bank FIS Fiserv HSBC Numerated PerkStreet FInancial small business lending Venrock Wells Fargo

Questions Being Raised About Viability Of The Cloud For FinServ

PYMNTS

The woman responsible for the Capital One hack reportedly pulled it off through a vulnerability in the cloud. The FBI arrested a Seattle area woman, Paige A. Once she found the Capital One data, she was able to download it without triggering any alerts.

Remitly Grabs Cash ($38.5 Million) and Heads to Canada

Bank Innovation

Now Remitly itself is crossing the border – just a few miles north of its Seattle headquarters. Capital Mobile Payments Startups Technology Canada global remittances RemitlyGlobal remittance startup Remitly has a history of helping send money across borders.

Cap One Hack Hits 100M Credit Card Applications

PYMNTS

Capital One announced that a hacker had accessed about 100 million credit card applications, as well as thousands of Social Security and bank account numbers. The Washington Post reported that the FBI has arrested a Seattle area woman, Paige A.

HomeStreet to sell $5B in mortgage servicing rights

BankThink

The deal is designed to improve capital ratios and reduce risk at the Seattle company. Community banking M&A MSR Mortgages Growth strategies Capital Washington

Banks Bring Coffee Shops To New Branches

PYMNTS

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino.

Activist investor to fight for HomeStreet board seats

BankThink

Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors. Community banking Activist Investors Mortgages M&A Washington