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Drive treasury and capitalize on fintech rise

Accenture

Banks currently dominate the provision of treasury services for businesses in the United States, but they are beginning to face challenges to their long reign. The post Drive treasury and capitalize on fintech rise appeared first on Accenture Banking Blog.

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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. Capital One revealed the massive data breach in a news release on July 29, 2019.

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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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New Unicorn Revolut Will Use Capital For International Expansion

Bank Innovation

billion, will use the new funding to expand to further markets, including the United States, Australia, and Hong Kong. -based digital bank Revolut has raised $250 million in a Series C, boosting the company’s valuation to unicorn status. The company, which is now worth $1.7

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Monzo’s Cash Burn Sets Stage For Big Capital Raise In 2020

PYMNTS

Popular with younger banking customers thanks in part to digital payments and other appealing features, the company has nevertheless moved rapidly through the venture capital funds it had already acquired during its expansion. United States financial giant Goldman Sachs introduced its own digital banking service, Marcus, late in 2018.

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Capital One Offers Free Business Credit Reports

PYMNTS

Capital One has announced the launch of Business CreditWise , an online tool that enables U.S. Business CreditWise is available to any business in the United States — not just Capital One customers. businesses to check their credit profiles.

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Promethium Subsidiary Receives First FINRA-Approved Digital Asset Custodianship

Perficient

Promethium Ember Capital, (“PEC”), a wholly owned subsidiary of Promethium, has become the first digital asset custody provider to come under federal regulation. Secondly, as a qualified custodian, which is what the SPBD classification offers, subjects Promethium to provisions of the landmark United States Exchange Act of 1934.