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Today In B2B: Orange Bank's SMB Takeover; EU Supply Chain Default Fears

PYMNTS

Diego Tavecchia, a representative of the EU Federation for the Factoring and Commercial Finance Industry , told the outlet that the new regulations might categorize 15 percent to 20 percent of invoices for which factoring firms are responsible as defaulted, tantamount to as high as €25.5 billion ($31.3 billion) in soured debts.

Software 165
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Today in B2B: Orange Bank's SMB Takeover; EU Supply Chain Default Fears

PYMNTS

Diego Tavecchia, a representative of the EU Federation for the Factoring and Commercial Finance Industry , told the outlet that the new regulations might categorize 15 percent to 20 percent of invoices for which factoring firms are responsible as defaulted, tantamount to as high as €25.5 billion ($31.3 billion) in soured debts.

Software 130
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Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

Once the chatbot was in the hands of users, however, it became clear that there was a gap between what the service promised and what it actually offered. While M was capable of handling simple questions like “Where can I get a good burger in Chicago next week?” Commerce: Convenient browsing & personalized shopping.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Is it in the water?

Utah 60
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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Is it in the water?

Utah 60
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242 Startup Failure Post-Mortems

CB Insights

The Pivot : We came up with a fresh take on the plethora of AR-style apps that create visual effects based on face detection and tracking… [Poor user experience] had a big impact on our retention metrics. ” Title: Chicago Startup Rithmio Has Shut Down. Three notable excerpts: First Attempts : Blin.gy Product: Better.

Company 78