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Innovative Ecosystem Draws FinTech Firms To Toronto

PYMNTS

Our team has torn apart the small business banking playbook and created our own digital banking platform and operating model from the ground up.”. NorthOne CEO Eytan Bensoussan told PYMNTS in an interview, “Our mission is to eliminate financial admin from the lives of small business owners.

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Vancouver Finally Approves Uber And Lyft

PYMNTS

In a move that’s been in the works since 2012, the city of Vancouver has approved Uber and Lyft to operate in the city, according to reports. . 23), the city finally acquiesced and both Uber and Lyft are now allowed to operate in the city. . “We The applications for Uber to operate were opened in September of last year. .

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

This metric surged from 2 percent as of June 30, 2013, to 4.4 Operational Risk: Lastly, the OCC mentioned an increase in operational risk, and its intent to focus on: • Significant growth areas, new products, new or expanded services and changes in strategic direction. percent as measured on June 30 of this year.

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Australia, New Zealand Take A Hard BEC Scam Hit

PYMNTS

While the business email compromise (BEC) scam is a global pain point for businesses, this week's B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. In total, about $104.5 million erroneous payment resulting from a BEC scam.

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Getaround Acquires Nabobil For $12M

PYMNTS

The acquisition will boost growth, and improve the user experience in the Nordic region through the integration of Getaround’s connected car technology. The entire Nabobil team will join Getaround to continue operations and oversee expansion in the region. Founded in 2015, Nabobil has built a strong user base in Norway.

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The impact of lower energy prices on banks

Abrigo

Banks operating in oil and gas intensive areas of the U.S. Using data from quarterly Call Reports going back to 2013, analysts compared the performance of “energy-sensitive banks” with that of similar banks that aren’t located in energy-dependent regions. Possible causes Why might that be the case?

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Australia Gets Taste Of Digital Food Delivery With DoorDash 

PYMNTS

“We’re thrilled to offer Melburnian residents unprecedented access to the restaurants they love and look forward to expanding throughout the suburbs of Melbourne, its surrounding regional cities, and Australia broadly through the end of 2019 and into 2020,” Stephens said in a blog post. cities as well as in Canada.