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US Lawmakers Respond To Capital One Data Breach

PYMNTS

The Capital One data breach that affected millions and spawned an investigation by the New York attorney general as well as a class-action lawsuit, has a new set of detractors: U.S. Ron Wyden of Oregon, who is the top Democrat on the Senate Committee on Finance, tweeted his displeasure about the news. . The Hill is reporting that Sen.

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Can Pivotus Help Save Banks from Themselves?

Bank Innovation

Pivotus Ventures, a new venture capital firm launched by Umpqua Holdings Corporation, believes that drastic action is needed to keep banks relevant in the coming years. Just last year, the Portland, Oregon-based corporation performed the rare feat of upgrading its core Read More. If any FIs can do it, Umpqua is certainly among them.

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Senators Want FTC Probe Into Amazon On Capital One Breach

PYMNTS

Democratic Senators are calling on the Federal Trade Commission (FTC) to conduct an inquiry into Amazon regarding the Capital One breach, The Wall Street Journal reported on Thursday (Oct. Ron Wyden of Oregon and presidential candidate Sen. Senate Finance Committee head Sen. A former employee of Amazon’s cloud unit, Paige A.

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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised. Honorable Mention.

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FinTechs Take On Payment Rail Status Quo

PYMNTS

million in new funding co-led by Madrona Venture Group and Oregon Venture Fund, while Mucker Capital, 99 Tartans, and other backers also participated, according to a company press release. The company recently announced $7.7

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Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink

PYMNTS

Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Nikki Smith, a baker and caterer in Oregon, collected $96. Porter Capital Offers New Funding Tools To PPP Recipients. bank profits are expected to sink.

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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. BIP Capital.