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Cyberattacks, Google Crash Bring Internet Security Into Question

PYMNTS

At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question. Not All Bad.

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Silicon Valley Bank Failure – Lessons in Interest Rate Risk Management

South State Correspondent

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.

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Real Estate Startup Bungalow Secures $64M In Funding

PYMNTS

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.,

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Fighting Food Insecurity in Vermont and New Hampshire: A Community Effort

Ublocal

Some local issues affecting food security include: Gaps in Assistance: Public assistance often doesn’t cover all food-related needs, especially in our region. Health Issues and Disabilities: Nearly 20% of households with a member who was not in the labor force due to disability had very low food security.

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NCR Launches Business Banking Mobile For Community Banks, Credit Unions

PYMNTS

The app will enable community financial institutions (CFIs) to compete with larger financial institutions by providing their business banking customers with iOS and Android access to this secure and easy-to-use account management platform. NCR announced on Thursday (Sept. 22) it launched a new app dubbed Business Banking Mobile.

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Penske Announces Launch Of Carsharing Unit

PYMNTS

Transportation company Penske Corporation announced that it is rolling out its new carsharing service in Washington, DC and Arlington, VA, this week. Penske has also secured reserved parking options at Colonial Parking garages in Washington, DC. based call center and a local fleet operations team.

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Bringing Luggage Storage Into The Digital Age

PYMNTS

If he could have left the bag in a safe and secure place, he would have been “a happy customer,” he recalled in a PYMNTS interview. Pricing and Target Market. The company’s target market, Korbel said, runs “the gamut.” It will serve the college student who is in Washington, D.C., It will also serve older audiences.