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Market Watchers Say US Recession Is Coming

PYMNTS

Credit spreads are the other element that’s a pretty big tell,” said Gene Tannuzzo, senior portfolio manager at Columbia Threadneedle Investments in Minneapolis. If you have a weird recovery, you might have a weird recession,” said Jim Paulsen, chief investment strategist at the Leuthold Group in Minneapolis.

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Uber Facilitated More Than $600M In Tips For Drivers

PYMNTS

In May, it launched mid-trip ratings and tips, and that has driven a 30 percent increase in tipping, said Uber Product Manager Dhruv Tyagi. Lyft found that the most generous tippers were located in New York City, Atlanta, Detroit, Dallas, San Jose, Minneapolis, and Westchester County, NY.

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Congrats to Randy and a great management team. Acronym of the Year. Has to be M-O-E. Performance and multiples continue to be solid, outperforming most regional banks. GonzoBanker of the Year – Credit Union.

Fintech 147
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Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Labs Insights

Digital wealth management platform. Employee expense reporting management. Mobile payments & personal financial management. HQ: Minneapolis, Minnesota. Tax filing portal. Tags: Consumer, tax prep, payments. Building tracking stocks for professional athletes. Latest round: $60 million. Total raised: $28.5

Fintech 12
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

Lien rights management. Digital rights management platform on the blockchain. HQ: Minneapolis, Minnesota. Tags: Consumers, tax-savings, investing, personal finance, financial planning. Latest round: $52 million (post-IPO equity). Total raised: $75+ million. HQ: Atlanta, Georgia. Source: Crunchbase. Cumulus Funding.

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The US Government’s eInvoice Mandate: Better Late Than Never

PYMNTS

Adoption of Electronic Invoicing: Challenges and Opportunities report released by the Federal Reserve Bank of Minneapolis in 2016, government officials noted the role eInvoicing plays in the broader effort to improve the U.S. In its U.S. payments system as outlined in its Strategies for Improving the U.S.

US 106
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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named 2015 CFO of the Year (Kurt Ishaug) by Minneapolis-St. Signed deal with Vision FCU to provide its money management app. Partnered with fellow Finovate alum NCR to launch new money management platform. Powered Homeownership Preservation Foundation’s digital money management app. Entrust Datacard ( FD15 ).