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Clear Mountain Bank reaches new heights

Independent Banker

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Clear Mountain Bank is embracing flexibility, innovation and collaboration as it continues its ascent as a small-business connector in West Virginia. By Mindy Charski.

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

PYMNTS explores these stories and others in this week’s Payment Rail Innovation Tracker. In a sign that RTP adoption is now spreading beyond the biggest banks, Chesapeake Bank , based in Virginia, has looped into The Clearing House’s Real-Time Payments (RTP) network. RTP Gains Community Bank Traction.

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Rakuten’s 5G Launch Postponed By Three Months

PYMNTS

On Thursday (May 14), the firm reported growing operating losses at its mobile business. On Wednesday (May 13), PYMNTS reported that Rakuten plans to acquire InnoEye, an engineering technology company based in Virginia. Terms of the deal were not disclosed.

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Power Appointments At TNS

PYMNTS

Zirkel will be based in Reston, Virginia and Tait will be based in Sydney, Australia. Zirkel was the Chief Operating Officer of TabbedOut before joining TNS, a mobile payment app with CRM features for bars and restaurants. Steering TNS through this critical time requires a team that has strong operational and strategic experience.

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Yes, Virginia, There Are Women Leaders In Fintech

Tech and Finance

Engle’s prior roles at Bank of America include the consumer bank’s chief technology officer, chief information officer of consumer technology and operations, and, most recently, chief information officer of Bank of America’s Global Banking and Markets businesses. Wandhöfer is active in several European regulatory bodies.

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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Kenna Security. Kenna said it plans to use the funds to expand its team, focus on sales and continue innovation efforts.

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Pop-Up Retail Gets A Pop Of Fresh Energy

PYMNTS

On Monday (July 22), in fact, Abercrombie said that “it opened four new pop-up shops last week, at Tysons Corner Center in Virginia, Dolphin Mall in Miami, Los Cerritos Center in California and at Baybrook Mall in Friendswood, Texas,” according to the report. All are expected to be open for about 12 months, according to the company.

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