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Capital One Treasury Head: AI and ML Driving Customer Experience Improvements

Bank Innovation

Phil Beck, Head of Treasury Management at Capital One, is almost a year into his job at the McLean, Virginia-based bank, where his focus has been getting commercial banking up to speed with the digital economy.

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How Finfit is building out its financial toolkit for hourly and other workers

Bank Innovation

The field of fintech companies focusing on people who live paycheck to paycheck continues to grow, with Virginia Beach-based Finfit picking up $7 million in Series B equity funding on Friday. The 11-year-old company operates a digital financial wellness platform for workers that is available through […].

Virginia 186
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Brink’s Closes $860M Deal For Majority Stake In G4S

PYMNTS

Brink’s, which is based in Richmond, Virginia, said the transaction adds 14 new markets to its realm: the Netherlands, Malaysia , Romania, Belgium, Ireland, Kuwait, the Czech Republic, the Philippines, the Dominican Republic, Cyprus, Indonesia, Lithuania, Estonia and Latvia. and several smaller markets.

Virginia 175
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Software Procurement Plays Favorites With B2B Investors

PYMNTS

However, it was a B2B software procurement platform that raised the most money — $55 million — in this week’s B2B venture capital roundup. Energy Innovation Capital and Chevron Technology Ventures led the funding, while R/GA Ventures and Macquarie Capital also came on board as new investors.

Software 190
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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

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. The OCC on Oct. It measures 1-5, with 1 being the best score an institution can receive and 5 the worst).

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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.”

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Wealthy Entrepreneurs Turn To Pawn Shops To Start New Ventures

PYMNTS

According to Jordan Tabach-Bank, CEO of The Loan Companies, which operates high-end pawn shops in several locations around the U.S., Luxury Asset Capital President and CEO Dewey Burke said the industry shift is also part of an effort to educate entrepreneurs about the financing opportunity they have. That’s simply not true.

Virginia 142