Danish neobank kompasbank, which specializes in helping small and medium-sized businesses, has raised an additional EUR 12 million in funding. This brings the bank’s total capital raised since receiving its banking license from the Danish FSA in March 2021 to more than EUR 40 million. Unpredictable and Unprecedented. The...

kompasbank: Secures EUR 12 Million in Funding to Expand Business Lending and Platform Development

Chaos Labs secures $55 million in Series A funding to enhance economic security and risk management in decentralized finance. The company leverages real-time data and advanced analytics to empower DeFi protocols, ensuring greater stability and efficiency. This investment positions Chaos Labs as a key player in the future of decentralized finance.

Chaos Labs Secures $55M To Drive Innovation In DeFi Through Advanced Analytics And Real-Time Risk Solutions

Despite the growth of fintechs and neobanks, traditional checking and savings accounts remain the most popular banking options. According to a survey by GOBankingRates, 1,000 adults are more likely to keep their money in these accounts than in any other type of account. And why not? Money in the bank is FDIC-insured, safe, and guaranteed by the United States government.

The Benefits of Keeping Money in Checking and Savings Accounts

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

The recent failure of one of the top banks in the tech industry, Silicon Valley Bank, has led to concerns about a broader financial crisis that could have far-reaching consequences. The US Treasury, Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) have taken extraordinary steps to prevent such a...

Silicon Valley Bank Depositors to Have Access to “All of Their Money” Following Government Intervention

London is a hotbed for fintech startups, and the three companies that come up most frequently in conversations are Monzo, Revolut, and Starling Bank. These companies are considered the most successful in the London fintech space, but which one is the best for aspiring fintech employees?. This article offers an...

Revolut, Monzo and Starling: Who will you be joining in 2023?

The past few years have shown that digital banking platforms are more suited to meet the requirements of 21st-century consumers, rather than traditional physical branch locations. These Fintech trends are expected to continue developing during 2023, with many more users expected to turn to digital banking solutions to manage their...

Digital Banking Platforms Expecting Many More Users in 2023

San Antonio, TX

The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced the addition of TransPecos Banks as its newest member. Concentrated in the TransPecos region of West Texas and San Antonio, TransPecos Banks offers a full range of banking products as well as fintech services. With its focus on honesty, integrity, and serving consumer needs, TransPecos is a natural partner in AFC’s work to create a more consumer-centric financial system.

TransPecos Banks Joins American Fintech Council (AFC)

Denver, CO

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

David Heitz

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Until only a few years ago, the assumption was that 9-5 office-based work was the best thing for business. Now, thanks to the global remote-work experiment kickstarted by COVID, the majority of companies have moved the needle on remote working – including major tech corporations like Google. While Google’s...

Fully Remote Jobs at Google You Can Apply for in August 2024

Florida State

Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

With the growing convenience of smartphones, many users have become accustomed to storing sensitive information such as credit and debit card numbers, as well as social security numbers, directly on their devices. However, security experts are warning against this practice due to the risk of exposing personal information to unauthorized parties.

Never store credit cards or Social Security Numbers on your phone

The Denver City Council accepted Monday two grants totaling $24.5 million from the state of Colorado to pay for the homeless navigation campus it opened last year. One council member wants answers as to why wraparound services at the campus aren't up and running.

Denver homeless hotel wins $24.5 million grant, experiences wraparound services delay

The chief executive officer of British smartphone startup Nothing is ending the company’s hybrid work arrangement — and he’s encouraging employees that aren’t happy with the decision to find a new job. Suggested Reading. Carl Pei, who founded the London-based consumer electronics firm in October 2020,...

A tech startup is ending hybrid work — and the CEO says employees who don't like it should leave

Missouri State

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.

writer

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

Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company’s international expansion strategy: one year after the launch of Cuenta, the company has already surpassed 8 million customers in the country and $3.3 billion in deposits. These figures exceed those of Brazil at the same stage of operations: in the company’s home country, there were 7.7 million customers and less than $1 billion in deposits in Q1’19.

With $3.3 Billion in Deposits and 8 Million Customers, Mexico Already Stands Out Among Nu’s Operations

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

Unlike its competitors, Starling Bank has achieved break-even this October and expects to be monthly profitable from here onwards on an operating profit basis. Boden has already predicted this during August: “Despite the coronavirus emergency leading to a drop in interchange income for several weeks, card volumes are back to pre-lockdown levels. This, combined with our lending and growth in other parts of the business, has resulted in a significant increase in our annualised revenue run rate, which now stands at £80m. We remain on track to reach break-even by the end of 2020, hitting the target we set a year ago.”

Starling Bank moves into profit according to Anne Boden

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

NewsBreak

Innovative Renters Insurance Carrier Jetty Goes Live with Core Systems from Socotra in Less Than 12 Months

Leading insurance core technology provider Socotra announced today that Jetty, the financial services company on a mission to make renting a home more affordable and accessible,...

Innovative Renters Insurance Carrier Jetty Goes Live with Core Systems from Socotra in Less Than 12 Months

Comments / 0