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Cost control helps U.S. Bank boost earnings

American Banker

The Minneapolis-based company reported an 18% increase in net income thanks largely to slimmed-down operating expenses. It notched modest increases in loans and deposits, while asset quality issues remained manageable.

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Kristen Larson joins Ballard Spahr’s Consumer Financial Services Group

CFPB Monitor

She is resident in the firm’s Minneapolis office. Kristen’s practice involves consumer, small business, and treasury management products and services; digital banking; emerging payments; servicing; innovative technology; information security; operations; marketing; and complex service contracts.

Groups 78
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Modern Management

Independent Banker

Communicating with management. While auditors need to remain independent and objective, they also need to maintain a relationship with management to create effective reports. Also consider including the management’s responses in the audit reports—this is a good way for all the report’s users to understand the management’s feedback. &nbsp.

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SoftBank Announces $100M Fund For Minority-Led Startups

PYMNTS

In a widely-reported letter to employees, Marcelo Claure , SoftBank’s chief operating officer, noted that the new Opportunity Growth Fund “will be the biggest fund providing capital to black Americans and people of color.”. We have to put money behind it, set plans and hold ourselves accountable,” Claure wrote.

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Foundry Group Leads $30M Seed Funding For Matchstick Ventures

PYMNTS

Minneapolis-St. The company has already backed several startups, including Denver’s Soona, a same-day photo and video content creation studio that is dually based in Minneapolis and Denver, Colo. . Paul-based Matchstick Ventures raised $30 million in a second seed funding round led by Foundry Group, reports said on Friday (Sept.

Groups 101
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Amazon’s Great Infrastructure Expansion Rolls On — Now With A New Logistics IT Center

PYMNTS

The logistics IT center is slated for downtown Minneapolis and will reportedly create 100 new technology focused full-time positions. Amazon is always looking for the best and brightest software engineers to join our team,” said Dave Glick, VP of operations technology for Amazon.

Minnesota 100
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Technology and Fun Merge at Perficient’s Lafayette Delivery Center

Perficient

With our team’s help, the client has been able to transition a significant portion of their userbase to a named user system and allowed us the opportunity to help develop the tools that their clients will use to manage these users.” — Austin Spinazze, Associate Technical Consultant. “I Engaging Leadership Inspires Collaboration and Teamwork.