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Italian Bank UniCredit To Investigate Capital One Data Hack

PYMNTS

One of Italy’s most well-known banks, UniCredit, said that it was going to start its own probe into the Capital One data breach, according to Reuters. . “On On July 30, UniCredit became aware that its name has been mentioned in relation to the Capital One issue,” the bank said in a statement on Wednesday (July 31). Reuters reported.

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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. Connecticut.

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Connecticut federal court allows CFPB claims to proceed against mortgage company and principals for alleged licensing and other violations

CFPB Monitor

A Connecticut federal district court has refused to dismiss claims filed by the CFPB against a mortgage company and three of its principals for alleged Truth in Lending Act (TILA), Mortgage Act and Practice (MAP) Rule, and Consumer Financial Protection Act (CFPA) violations.

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Tonal Seeks More Funding To Produce $3K Home Workout Stations

PYMNTS

Discussions are taking place with Connecticut-based L Catterton, which was a key player in Tonal’s $45 million venture capital funding round in 2019. According to a Bloomberg report , Tonal is in talks with investors for funding that would value the company at $250 million or more.

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Healthcare Tech Company Truepill Raises $75M To Expand

PYMNTS

Connecticut-based healthcare and FinTech investor Oak HC/FT led the funding. Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC., The new service is expected to expand Truepill’s direct-to-patient capabilities.

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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

The initiative was co-led by new investor Gallatin Point Capital LLC, a Connecticut private investment firm, and existing investor The Rise Fund , a global impact investment fund. Last month, Varo closed on a $241 million Series D funding round. Varo said it will use the investment to grow and create new products. million.

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Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. Regarding volatility, Alabama is projected to have the most significant variability in credit, while Connecticut is expected to have the most minor variability. When borrowers feel stressed, this data is invaluable for pricing, capital, and structuring decisions.

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