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Former Amazon worker is accused in cloud hack of Capital One

Bank Innovation

Capital One Financial said data from about 100 million people in the U.S. was illegally accessed after prosecutors accused a Seattle woman identified by Amazon as one of its former cloud service employees of breaking into the bank’s server.

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Saving Main Street: Cities Pick Up The Recovery Role

PYMNTS

While they will lack the sheer financial clout of federal assistance, they are starting to offer strategies beyond capital infusions that will assist in restarting small business when the crisis passes. Boulder, Colorado has been working on strategies to help downtown retailers since before the coronavirus crisis.

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Catch the Early Bird Rate for Bank Innovation Ignite Before It Flies Away!

Bank Innovation

Interested in joining us for Bank Innovation Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? In Seattle, you’ll see four Ignite Ideas sessions from the following fintech innovators: Lisa Frazier, Head […]. You’d better hurry! Early registration ends this Friday, February 1 at 11:59 PM.

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Tuft & Needle Mattress Company To Open Amazon-Powered Store

PYMNTS

There’s no escaping Amazon sneaking into nearly every retail conversation. One company that’s looking to capitalize on that very notion is startup mattress company Tuft & Needle. It is the future of retail and eCommerce.”. And perhaps, this may help move the digital retail revolution at a much faster pace.

Company 100
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Mobile Health Benefit Platform Accolade Seeks IPO, Has $620M Valuation

PYMNTS

Health tech startup Accolade , with headquarters in Seattle and Philadelphia, filed with the Security and Exchange Commission (SEC) to raise $100 million for an initial public offering (IPO) on Friday (Feb. Investors include Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group and McKesson Ventures, among others. .

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BI Ignite 2019: HSBC Bank USA’s Innovation Head Prefers Fintech Partners to Building In-house

Bank Innovation

When it comes to innovation, banks in 2019 should look to partner first, buy second and lastly build, Jeremy Balkin, head of innovation at HSBC Bank USA said at BI Ignite 2019 in Seattle earlier this week. It makes more sense for banks to make a strategic investment in fintech companies than to try and build […].

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Amazon Stock Surges 20 Pct. During COVID-19 Pandemic

PYMNTS

Bloomberg reported that stock in the Seattle-based global eCommerce company has soared by nearly 20 percent since January. This makes Amazon one of the 10 biggest percentage gainers among its S&P rivals and puts the company back above the $1 trillion market capitalization threshold, the news service said. Amazon shares rose 5.4

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