PYMNTS

FEBRUARY 14, 2019

13) said that alternative lender Fountainhead Commercial Capital can now offer SBA loans through its platform after securing a Small Business Lending Company (SBLC) loan program license from American Business Lending. “The government shutdown really has begun to hurt small companies in search of capital.”.

Security 100

Security Lending Washington Capital 100

Bank Innovation

APRIL 25, 2019

WASHINGTON, D.C. Both regulators said proving the necessary capital and profitability have been particularly difficult for […].

Fintech 186

Fintech FDIC Washington Conference 186

American Banker

JANUARY 10, 2020

Organizers of Founders Bank in Washington are still need to raise at least $25 million before opening.

FDIC 41

FDIC National Washington Capital 41

PYMNTS

JULY 29, 2019

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. Fairbank, Capital One’s chairman and chief executive, said in a press release.

Cards 116

Cards social media Capital Seattle 116

South State Correspondent

MARCH 13, 2023

While we will cover the general lessons HERE , in this article, we wanted to focus on the root cause – how and why interest rate risk caused the second-largest bank failure in US history (Washington Mutual was the largest in 2008). Equally important is the bank’s securities duration, as shown in the graph below.

Risk Management 221

Risk Management Management Community Bank Community 221

Bank Innovation

FEBRUARY 26, 2020

The parameters around how consumer financial information should be shared with third-party apps and platforms was the subject of debate at an industry forum organized by the Consumer Financial Protection Bureau in Washington, D.C., on Wednesday.

Data 300

Data Washington Industry Customer Experience 300

PYMNTS

FEBRUARY 15, 2018

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. and Alibaba in China, may be able to “replace many banks.”

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

MARCH 1, 2020

Health tech startup Accolade , with headquarters in Seattle and Philadelphia, filed with the Security and Exchange Commission (SEC) to raise $100 million for an initial public offering (IPO) on Friday (Feb. Lead book-running managers for the IPO included Goldman Sachs, Morgan Stanley and BofA Securities. 28), according to reports. .

Mobile 165

Mobile Philadelphia Seattle Washington 165

PYMNTS

AUGUST 23, 2019

It’s managed by the Commonwealth Bank of Australia ( CBA ), RBC Capital Markets ( RBC ) and TD Securities ( TD ). The tap is an important milestone in demonstrating the full life-cycle management of an issuer’s capital markets needs. We are happy to see the continued, strong support and collaboration from investors and partners.

blockchain 190

blockchain cryptocurrency Capital Washington 190

PYMNTS

JANUARY 30, 2020

The new funding round brings its total to $74 million so far, the highest amount raised of its startup peers like Washington, D.C.’s The firm’s approach delivers longer-lasting blossoms while leaving the middlemen out of the picture. s Urban Stems , which raised $27 million to date, and Silicon Valley’s BloomThat , which raised 7.7

Security 130

Security Washington Branding California 130

PYMNTS

AUGUST 23, 2018

Residential real estate startup Bungalow announced it has secured $64 million in funding: a $14 million Series A led by Khosla Ventures, Atomic, Founders Fund, Cherubic Ventures and Wing Ventures, as well as a $50 million debt facility. It also announced today that it has added two new markets to its platform: Portland and Washington, D.C.,

San Diego 100

San Diego Los Angeles Security Portland 100

PYMNTS

AUGUST 1, 2019

Investigators from the Federal Reserve carried out an inspection of Amazon ’s cloud in April as Washington looks into ways to regulate companies that provide the service. banking system as they run databases holding customer credit scores and Social Security numbers, as well as analyze risk and process payments.

Regulation 108

Regulation Washington Virginia Seattle 108

PYMNTS

OCTOBER 7, 2020

The New York-based corporation, composed of eight experienced restaurant owners, is seeking to raise up to $230 million for a blank-check company, according to a filing with the Securities and Exchange Commission (SEC). In August, Ruby Tuesday Founder Sandy Beall and Doug Jacob, co-founder of the Washington, D.C.-based

Washington 205

Washington New York Branding Management 205

PYMNTS

FEBRUARY 5, 2019

“I think it is pretty obvious when you read stories about the payday lending industry – and how it goes wrong for customers – that consumers need a better alternative,” Onward Financial Founder Ronnie Washington said. In an effort to innovate a solution to these cash flow challenges, Washington founded Onward Financial. ”

Washington 178

Washington Kansas City Lending Kansas 178

PYMNTS

JANUARY 26, 2018

Securities and Exchange Commission (SEC) has reportedly opened an investigation into the accounting practices of digital industrial company General Electric (GE). Washington Post reports this week said GE revealed the SEC’s probe was linked to its disclosure of a miscalculation in its insurance unit.

Washington 117

Washington Taxes Course National 117

PYMNTS

JUNE 18, 2019

The New York state legislature will rule this week whether to move forward with a borrower protections bill for small businesses (SMBs), as allegations of predatory practices by merchant cash advance firms raise new concerns about mistreatment of small business borrowers, The Washington Post. “These guys are ruthless and relentless.”

New York 118

New York Washington Industry Capital 118

PYMNTS

APRIL 22, 2019

The company is boosting the number of engineers it is hiring in and around the Seattle, Washington area. While Postmates has an office at WeWork in Bellevue, Washington employing 22 engineers, the job ads show the company is seriously growing its presence in the area. With that raise, it has a valuation of more than $1.85

Seattle 115

Seattle Nashville Washington New York 115

PYMNTS

FEBRUARY 8, 2019

The company recently announced $10 million in venture capital funding, led by GV and Foundation Capital, while Amicus and Pierre Lamond also participated. Participants in the round also included 42K Investimentos, Chromo Invest and Capital Labs, as well as previous backers Yellow Ventures and Osher Tech.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

AUGUST 1, 2019

The technology company’s holdings of cash and marketable securities, net of debt, has dropped to $102 billion from $163 billion at 2017 year-end. In Washington, tech companies have been the subjects of investigations by both the Federal Communications Commission (FCC) and the Department of Justice (DOJ). “In

Apple 122

Apple Washington New York Google 122

PYMNTS

MARCH 23, 2020

In an effort to spur cash flow during the coronavirus pandemic, the Pentagon will boost percentages paid to contractors for the time being, The Washington Post reported. The idea behind the easing of rates is for bigger contractors to help smaller ones, according to Byron Callan, defense industry analyst with Capital Alpha Partners.

Payments 151

Payments Virginia Guidelines Washington 151

PYMNTS

SEPTEMBER 12, 2018

million in financing from a host of investors — including Maersk Growth, the venture capital (VC) arm of Maersk, the shipping firm. That follows a meeting late last month of the Senate Energy and Natural Resources Committee, which examined utilities by looking at blockchain and energy security.

blockchain 201

blockchain Puerto Rico social media Innovation 201

PYMNTS

JULY 20, 2018

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. Investors placed more than $136.5 The rundown of the latest funding rounds is below.

Analytics 105

Analytics Capital Tools California 105

PYMNTS

JANUARY 20, 2020

Supplier discovery platform scoutbee has raised $60 million in a series B funding round led by Atomico, with Lakestar, Next47, HV Holtzbrinck Ventures, 42CAP and Toba Capital all participating, according to a release. . The company has headquarters in Washington D.C. So far, scoutbee has raised $76 million. billion by the year 2022.

Washington 131

Washington Big Data Capital America 131

PYMNTS

DECEMBER 9, 2018

Meanwhile, according to SoftBank’s annual Form D disclosure that it is required to file with the Securities and Exchange Commission, it raised about $98.58 Given the size of the fund, one of the main challenges that the Vision Fund faces is bringing on new capital. billion from 14 investors since it launched the fund on May 20, 2017.

Maine 135

Maine Washington Report Capital 135

Gonzobanker

NOVEMBER 22, 2022

Barnum’s classic quote about a sucker being born every minute has reigned with the likes of Softbank, Tiger Management, Sequoia Capital, Kevin “Mr. The revolution and death of traditional banking appears to be postponed yet again. And once again, P.T. Wonderful” O’ Leary, and of course Tom and Gisele.

Regulation 178

Regulation blockchain Marketing Strategy 178

PYMNTS

SEPTEMBER 28, 2017

Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) requirements. Overstock has a license for an alternative trading system through its acquisition of Pro Securities two years ago, according to CNBC. The SEC indicated over the summer that securities laws might apply to the digital coins.

cryptocurrency 101

cryptocurrency Regulation System Washington 101

PYMNTS

JULY 31, 2019

While designed to connect small business owners to quick capital for a boost to their cash flow, the MCA has earned a reputation for some predatory behavior, like sky-high interest rates and fees. Regulators have taken note. With the traditional cash advance, we see APR numbers in the triple digits,” he said in a recent interview.

Lending 162

Lending Washington Technology Security 162

PYMNTS

JULY 23, 2019

The Senate’s hearing ended with a lack of clarity on what data Facebook would collect from Calibra transactions, including financial habits of users, and how the company would ensure both national and personal security. For those who missed it, PYMNTS published a recap of Libra’s week in Washington.).

cryptocurrency 111

cryptocurrency Study Guidelines Washington 111

Abrigo

APRIL 28, 2016

This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth.

National 150

National San Jose Los Angeles United States 150

TrustBank

MARCH 24, 2020

The Fed’s new stimulus includes expansion of Quantitative Easing (QE) from $500 billion to unlimited to ensure liquidity in the capital markets. Washington Trust Bank believes that the information used in this study was obtained from reliable sources, but we do not guarantee its accuracy.

Washington 88

Washington Marketing Trends Study 88

PYMNTS

DECEMBER 12, 2019

Securities and Exchange Commission is turning its attention to a lack of transparency within corporates’ investor disclosures as more businesses use supply chain financing. 10) during the American Institute of CPA’s (AICPA) annual conference, held in Washington D.C.

Tools 145

Tools Report Washington Strategy 145

PYMNTS

AUGUST 24, 2016

The new owners of ID Experts are Peloton Equity and Trident Capital. The private equity funding, which, according to Oregon Live , will “cash out some of its current owners while injecting more capital into the business,” came at the same time as a new spinoff from ID Experts emerged called Radar. in two rounds with four investors.

Portland 100

Portland Oregon DC Capital 100

Independent Banker

AUGUST 25, 2016

With Congress returning to Washington this month for an abbreviated session ahead of the November elections, Habursky has been working to expand community bank engagement with federal lawmakers and regulators. Community banks employ 700,000 Americans, so we need to tap as many of them as possible to make sure Washington is listening.

Washington 72

Washington Community Bank Policies Community 72

PYMNTS

SEPTEMBER 22, 2020

Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan. REITs are not exactly a source of good or even consistent news these days.

Philadelphia 206

Philadelphia Retail DC Detroit 206

TrustBank

AUGUST 21, 2020

And because the S&P 500 is a market capitalization weighted index, the larger companies have a more profound effect on the overall movement of the S&P 500. Washington Trust Bank believes that the information used in this study was obtained from reliable sources, but we do not guarantee its accuracy.

Google 98

Google Washington Marketing Apple 98

PYMNTS

APRIL 24, 2018

In the last decade, they’ve gone from being a niche product to representing about a third of unsecured consumer loan volume in the United States as of 2016, according to a r ecent study by Harvard Business School Professor Boris Vallee and University of Washington Professor Yao Zeng. Now decisions are increasingly based on hard information.

Lending 124

Lending Study Capital Data 124

TrustBank

DECEMBER 8, 2022

By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly. Because of this, the government will often encourage consumerism through policy by punishing both savers (lowering interest rates) and investors (raising capital gains taxes).

US 52

US Policies Taxes Washington 52