Columbus, OH

A leading alternative lender, ThinCats secures £75m mezzanine facility from CPPIB Credit Investments Inc, a subsidiary of Canada Pension Plan Investment Board (CPP Investments), unlocking additional capital to support the UK mid-sized SMEs. The facility is the latest line of funding secured by ThinCats and reflects the credit quality...

ThinCats Secures £75m Mezzanine Funding From CPP Investments

Second-quarter revenue jumped 27% year over year, breezing by the 22% Wall Street expectation. Adjusted earnings per share (EPS) surged 80%, surpassing the 60% analyst consensus estimate. Third-quarter revenue guidance also exceeded Wall Street's projection, and management raised its full-year 2024 outlook. The software company, originally focused on the U.S....

Palantir Stock Soars as "Unbridled Demand" for Artificial Intelligence (AI) Software Drives Strong Q2 and Annual Guidance Raise

PYMNTS

Publicly traded companies are marked to market each and every day. And when quarterly results roll in, investors parse the data, the top line and the operating margins, and often measure success with each and every earnings report. For NCR Voyix, the company’s sale of its digital banking platform business...

NCR Voyix: $2.5 Billion Sale to Veritas Verifies Digital Banking’s Long-Term Potential

Apax Partners is acquiring global technology consultancy Thoughtworks in a deal valuing the company at approximately $1.75 billion. The transaction will see Thoughtworks return to Apax ownership three years after its public listing. Under the terms of the agreement, Apax will purchase all outstanding shares of Thoughtworks common stock that...

Apax taking tech consultancy Thoughtworks private – again – in $1.75bn deal

Bank technology provider Fidelity National Information Services is reviving its payments segment, including the sale of Visa and Mastercard products and processing, following the completion of its Worldpay spin-off earlier this year, FIS CEO Stephanie Ferris told analysts on an earnings call. ”In terms of the payments business, we're just...

FIS starts to get its payments mojo back

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Ahoy! Insurance, the tech-driven insurance provider built by boaters for boaters, today announced that it has significantly expanded its offering to boaters and agents, expanding its geographic coverage, insured value limits, and boat sizes. The new offering allows millions of larger boat owners to purchase Ahoy! Insurance’s highly regarded, tech-driven, and user-friendly boating insurance for the first time.

Ahoy! Insurance Announces Yacht Underwriting Offering

MUNICH (Reuters) -German prosecutors have charged another two former Wirecard executives, according to a statement from their Munich office on Tuesday, casting their net wider in investigations into one of Germany's biggest corporate scandals. Wirecard collapsed in June 2020 over a 1.9 billion euro ($2.1 billion) hole in its balance...

Two More Wirecard Executives Charged Over Accounting Scandal

The musician and mogul's firm Marcy Venture Partners may be undergoing a merger with Pendulum Holdings, a firm co-founded by Barack Obama's former financial advisor. Jay-z is reportedly making major waves in the venture capital space. The music legend and mogul’s venture capital firm, Marcy Venture Partner may be laying...

Jay-Z's Venture Capital Firm Is Reportedly Laying Plans To Deploy A Merger That Could Be Valued At $1B

VIPR, the leading delegated authority technology company, has announced the appointment of Chantal Dawson as the new Global Head of Customer Success, effective 1st August 2024. Based in London, Chantal will report directly to CEO Paul Templar. Chantal brings extensive experience from her previous role as Strategic Client Relations Director...

VIPR Appoints Former Charles Taylor Director Chantal Dawson as Global Head of Customer Success

Online-only or ‘faceless’ banks are becoming a more familiar part of the UK banking landscape, with increasing numbers of businesses managing their finances through digital-only providers like Starling or Monzo. To uncover attitudes towards digital versus traditional business banking, NerdWallet UK surveyed 1,000 business owners and decision-makers of...

Almost Half (46%) of UK Business Leaders Trust Digital-Only Banks as Much as Traditional Banks

Illinois State

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

Venture capital funds (VC) invested $527 million into crypto startups in July, up 14.5% year over year, according to DefiLlama data. The blockchain infrastructure sector raised $420.7 million last month, and its startups contributed the largest amount, representing nearly 80% of the total. Artificial intelligence (AI) protocol Sentient secured $85...

Venture capital injects $527 million into crypto startups in July

Reuters

(Reuters) -Liquidators of troubled property giant China Evergrande Group have started legal action against PricewaterhouseCoopers, accusing it of "negligence" and "misrepresentation" in its work for the group, the Financial Times reported on Tuesday.

China Evergrande's liquidators initiate legal action against PwC, FT reports

Camden, NJ

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Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

Business Times

Groq, a Silicon Valley startup specializing in AI chips, has successfully raised $640 million in a Series D funding round, bringing its valuation to an impressive $2.8 billion. This latest round of funding was spearheaded by BlackRock, with significant contributions from Cisco Investments, Samsung Catalyst Fund, and several other notable investors.

Groq Secures $640 Million in Funding Led by BlackRock, Valuation Soars to $2.8 Billion

Most hospitals prioritize cybersecurity but often lack the necessary resources, including personnel and technology, to fully comply with these goals. The question then becomes not about the practices, but the potential barriers to implementation, said John Riggi, national adviser for cybersecurity and risk, American Hospital Association, AHA. The AHA cautions...

Cybersecurity in Healthcare: Collaboration Is Key

The Associated Press

ATLANTA--(BUSINESS WIRE)--Aug 5, 2024-- Sainsbury’s has announced it has chosen NCR Voyix (NYSE: VYX), a global leader in digital commerce solutions, to help transform its shopping experience and support its Next Level Sainsbury’s business strategy. The seven-year agreement expands the UK grocer’s more than 20-year strategic partnership with NCR Voyix. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240805601214/en/ Sainsbury’s has announced it has chosen NCR Voyix (NYSE: VYX), a global leader in digital commerce solutions, to help transform its shopping experience and support its Next Level Sainsbury’s business strategy. The seven-year agreement expands the UK grocer’s more than 20-year strategic partnership with NCR Voyix. (Photo: Business Wire)

Sainsbury’s Partners with NCR Voyix for Exceptional Customer Experience

Leading digital bank Monzo today announces that it has surpassed 10 million personal customers in the UK as it continues on its mission to make money work for everyone. The milestone follows Monzo’s first full year of profitability, a bumper funding round and multiple product announcements as the company moves further forward with pace on its ambition to build the one app customers turn to to manage their entire financial lives.

Monzo Tops 10 Million Personal Customers

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

NewsBreak

Global Fintech Investment Falls to $51.9 Billion, but Deal Volume Offers Optimism, Says KPMG’s Pulse of Fintech

The first six months of 2024 were challenging for the fintech market globally amid the high interest rate environment and the significant amount of global geopolitical...

Global Fintech Investment Falls to $51.9 Billion, but Deal Volume Offers Optimism, Says KPMG’s Pulse of Fintech

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