PYMNTS

Capital One Announces $265 Billion Community Benefits Plan. Capital One said Tuesday (July 16) that a combination of the bank with Discover Financial Services would provide more benefits to underserved communities than the organizations would offer separately. The bank said this in a press release announcing a $265 billion community...

Capital One Announces $265 Billion Community Plan as Part of Discover Deal

Ryder System plans to expand its retail mobile maintenance offering with an acquisition of Pit Stop Fleet Service. The company entered into an agreement to acquire Pit Stop and expects to complete the transaction by Aug. 1, subject to customary closing conditions, Ryder said in a Monday (July 15) press release.

Ryder Expands Mobile Maintenance Fleet Services With Pit Stop Acquisition

Fleetio has added two new integrations to its fleet maintenance management software. These integrations with FuelCloud and Fill-Rite will help businesses with on-site bulk tank fueling streamline fuel management, gain insights and optimize fleet fueling operations, the company said in a Tuesday (July 16) press release. “Adding these capabilities to...

Fleetio Adds On-Site Fuel Management to Fleet Maintenance Software

Embedded finance, as a concept, has been around for a while, but not in the technologically savvy, user-friendly form it takes in today’s iteration. Embedded finance has emerged as a key weapon in the retail quest for online and offline customer conversions. The technology that underpins today’s embedded financing...

Embedded Finance Emerges as Retail Conversion Solution

Wamo, a leading digital business account provider for SMEs, today announces that it has secured a bridge to Series A round of $5 million USD in growth funding, as well as an EU Electronic Money Institution (EMI) license from FIN-FSA (Finland’s Financial Supervisory Authority), positioning the company for accelerated growth across Europe.

wamo Secures $5 Million in Funding and EMI License to Fuel Growth Across Europe

California State

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San Diego, CA

Kianna Writes

Some big news out of California that's shaking up the job landscape, especially in the medical device industry. Dexcom, a major player in the field, has announced it will be laying off 535 employees at its San Diego location. This move is set to happen on July 26 and is part of a broader trend of job cuts across the medtech sector.

Major Company in California Lays Off 500 Employees

New Jersey State

MotorBiscuit


Geico agrees to pay some policyholders a collective $2 million. 
The post Geico Agrees to $2 Million Settlement With 33,000 Customers appeared first on MotorBiscuit.

Geico Agrees to $2 Million Settlement With 33,000 Customers

Coral Gables, FL

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Edmond Thorne

Tragic End for South Florida Hispanic Building Tycoon Sergio Pino. Fort Lauderdale, FL - In a shocking turn of events, prominent South Florida homebuilder Sergio Pino was found dead in his Coral Gables home on Tuesday morning. The Miami-Dade County Medical Examiner's Office confirmed that Pino died from an apparent suicide.

South Florida Tycoon Dead After FBI Raids on Homes and Office

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Kentucky State

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Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Savannah, GA

Daily Coffee Press

Newly returned indictments in the Southern District of Georgia include felony charges for illegal firearms possession and drug distribution, while additional defendants have been sentenced to federal prison or await further proceedings after pleading guilty to federal gun charges.

Federal Charges in Southern GA: Indictments and Sentences for Firearms and Drug Offenses

New York State

Progressive Insurance has agreed to a $48 million settlement to resolve Volino et al v. Progressive Casualty Insurance Co et al, a class action lawsuit alleging that the insurer systematically undervalued claims made by New York drivers whose vehicles were totaled. Policyholders contended that the company employed third-party software that...

Progressive in huge settlement with policyholders

Business Insider

Chris Kirchner, a startup founder convicted of defrauding investor was sentenced to 20 years in federal prison Thursday.

Chris Kirchner, founder of Goldman Sachs-backed Slync, was sentenced to 20 years for fraud and laundering startup funds

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Denver, CO

David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

Alameda, CA

Alameda Post

Western bluebirds are among the most beautiful birds in Alameda. The male is intensely blue with bronze highlights and the female is equally beautiful, with more subtle coloration. Western bluebirds are now quite common in open-space areas of the city, but that was not always the case. Before 2010 they were rarely seen here, and for a few years after that they were seen only in winter around Crown Beach , traveling elsewhere to nest during spring.

With a Little Help, Western Bluebirds Are Nesting in Alameda

Denver Mayor Mike Johnston has become nationally known for moving more than 1,600 homeless people indoors since he has become mayor. Now he wants to place 200 people struggling with mental illness and/or addiction into treatment, according to an upcoming City Council committee agenda.

Denver mayor to send 200 people experiencing homeless to treatment

Plaquemine, LA

The U.S. Department of Justice says a former bank manager has admitted to stealing over a quarter million dollars from customers to fund his own spending habits. The DOJ says 53-year-old Eric Jason Schouest of Plaquemine, Louisiana, has pleaded guilty to embezzlement and bank fraud. Prosecutors say Schouest admitted to...

Bank Executive Steals $250,000 From Customers, Directly Accessing Bank Accounts To Fund His Lifestyle: US Department of Justice

Voice authentication and security firm Pindrop has raised $100 million in debt financing. The funding, announced Wednesday (July 17) and coming from Hercules Capital, allows Pindrop to further develop its audio, voice, and artificial intelligence (AI) technologies for customers in industries that include banking, finance, contact center, insurance, utilities, healthcare and retail.

Pindrop Raises $100 Million in Battle Against Deepfake Calls

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

NewsBreak

Coast Raises $40 Million to Expand Solutions for Fleet Payments

Coast has raised $40 million in new Series B financing to accelerate adoption of its solutions for fleet payments. The company will use the new funding...

Coast Raises $40 Million to Expand Solutions for Fleet Payments

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