Columbus, OH

Lloyds Banking Group has appointed Rohit Dhawan as director of AI and advanced analytics, a newly created role. In his new position, Dhawan will oversee the bank’s AI Centre of Excellence, shaping its AI, machine learning, and advanced analytics strategy. He will report directly to Ranil Boteju, the group’s chief data and analytics officer.

Lloyds Banking Group names Rohit Dhawan as new group director of AI and advanced analytics

PYMNTS

Zafin and 10x Banking have partnered to enable banks and financial institutions to modernize their core systems incrementally. This phased approach makes the implementation less disruptive while delivering immediate value, thereby mitigating risk, maintaining stakeholder confidence and reducing upfront capital expenditures, the companies said in a Tuesday (Aug. 6) press release.

Zafin and 10x Partner to Facilitate Core Banking System Modernization

Awards totaling $25 million and ranging from $1 million to $8 million each are being invested into locally-led workforce training programs aimed at securing high-quality jobs. The U.S. Department of Commerce’s Economic Development Administration (EDA) announced the launch of a new phase of funding for the Good Jobs Challenge. This round builds on the success of the initial round funded by the American Rescue Plan.

$25M Available for Workforce Training Programs Through Good Jobs Program

Chicago, IL

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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?

As the old adage goes, money doesn’t grow on trees: but it might be easier to access than you think, thanks to the growing number of private grants available to small businesses. Whether you’re unfairly impacted by systematic barriers, or simply lack the capital needed to get your idea...

Small Business Grants You Can Apply For in August 2024

Akeena

It looks like Red Lobster might be on the verge of a fresh start. After filing for Chapter 11 bankruptcy back in May, the beloved seafood chain is about to change hands, and it seems like things are moving fast.

Beloved Seafood restaurant chain could soon have a new owner, two months after bankruptcy

Alabama State

(Reuters) -The U.S. Department of Agriculture said on Wednesday it has issued $2 billion of financial assistance to more than 43,000 farmers, ranchers and forest landowners who experienced past discrimination in the agency's farm lending programs. The Inflation Reduction Act allocated $2.2 billion for the discrimination payments. For decades, Black...

US Farm Agency to Provide Discrimination Payments to 43,000 Farmers

At Money20/20 this June, we spoke to Griffin CCO Adam Moulson on the company’s growth, culminating in Griffin receiving its UK banking licence. Griffin, a UK-based Banking as a Service (BaaS) firm, has recently achieved a significant milestone by obtaining its banking license in February 2024. This development marks a crucial step in the company's journey to revolutionise the relationship between banks and fintechs, as Adam Moulson, Chief Commercial Officer at Griffin, shared with us at Money20/20 Europe.

Money20/20 Exclusive Video: Griffin’s Growth Journey

Missouri State

CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

Netskope yesterday announced a Managed Service Provider agreement with SoftBank. The agreement, granted only to partners with excellent delivery capabilities, will see Netskope's Intelligent Security Service Edge (SSE) solution provided to Japanese enterprises. The partnership is the first of its kind for Netskope in Japan and marks a significant milestone in the American company's expansion in the market.

Netskope Partners SoftBank to Deliver Intelligent SSE Solutions to Japanese Enterprises

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

Denver, CO

David Heitz

A man peacefully sitting with his son in his car in their church parking lot was assaulted by a Denver police officer in June 2019 and will receive a $75,000 settlement. The payoff appears on the Denver City Council agenda for Monday. The item is on the consent calendar. Items on the consent calendar are considered routine and generally pass in a block vote without discussion.

Man hit in face by Denver police officer to receive $75,000 settlement

Entrepreneur

Here's how entrepreneurs can leverage the power of AI to analyze customer data, extract valuable insights and make data-driven decisions.

I Teach AI and Entrepreneurship. Here's How Entrepreneurs Can Use AI to Better Understand Their Target Customers.

Finding the right financing is key for entrepreneurs and small business owners. It helps turn dreams into reality. Whether you’re starting a new business or growing an old one, the right funding can make a huge difference. This article will show you the many ways to fund your business.

Small Business Funding: Options for Entrepreneurs

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Steve B Howard

Okay, here are the final four most reliable cars ever built (according to what I was able to find). If you read the first two articles I wrote you already know Japanese cars rank high on this list. If you haven't read those articles yet, well here is your chance.

Most Reliable Cars: The Final Four

Florida State

A major player in the home goods scene, Conn's, is now facing a troubling turn of events. Not only is the retailer grappling with bankruptcy speculation, but it’s also closing a significant number of its stores—with Florida bearing the brunt of the closures.

Home Goods Retailer Set to Close Over a hundred Stores, Florida Takes the Hardest Hit

Colorado State

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

The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

The U.S. Small Business Administration (SBA) has released a new Business Resilience Guide designed to help small business owners prepare for and recover from disasters. This comprehensive resource, divided into six sections, includes best practices and template forms to aid entrepreneurs in mitigating disasters and building back stronger. SBA Administrator...

SBA Launches New Business Resilience Guide for Dealing with Disasters

New Jersey State

New Brunswick, NJ

NEWARK, N.J. -A Middlesex County man, Kenneth Strickland, 57Kenneth Strickland, 57, from New Brunswick, has been convicted of his involvement in a large-scale conspiracy to distribute fentanyl and heroin. U.S. Attorney Philip R. Sellinger announced that Strickland was found guilty on July 29, 2024, of all six counts in a superseding indictment.

NJ Man Convicted in Large-Scale Fentanyl & Heroin Trafficking

NewsBreak

Vanquis Banking Group: Phenomenal Procurement Transformation

Steven Schools, Head of Procurement & Supplier Governance at Vanquis Banking Group shares how he’s shaped its extraordinary procurement transformation. Common-sense philosophy can go a long...

Vanquis Banking Group: Phenomenal Procurement Transformation

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