Coo news and trends

Investment Managers Grapple With A Convergence Of Finance And Compliance
B2B Payments // January 12, 2021

Juggling financial workflows is often an area of significant friction for any young business, with digital solutions opening up new avenues to optimize and automate. For investment managers, however, managing finances isn’t merely a headache: it’s filled with complexities that are made even more complicated...

Bitcoin Daily: Netki Revamps Digital ID Service To Help Ensure AML Compliance; BitMEX COO Departs...
Bitcoin // September 10, 2019

Netki announced that it has upgraded its digital identity service so that cryptocurrency firms can meet AML recommendations by the Financial Action Task Force (FATF) for fighting money laundering. The upgrade to TransactID includes the addition of two new features: the ability to break down...

SunTrust, BB&T Pick New Bank Name
Banking // June 13, 2019

BB&T and SunTrust have settled on a name for their combined bank: Truist. Truist will be the sixth-largest U.S. bank holding company, serving more than 10 million households in the U.S. “Truist is a brand name representative of two mission- and purpose-driven companies coming together...

Uber COO And CMO Switch Out
Ridesharing // June 09, 2019

Two big C-Suite positions announced they were stepping down from Uber last week. Chief Operating Officer (COO) Barney Harford and Chief Marketing Officer (CMO) Rebecca Messina will both be leaving the company. CEO Dara Khosrowshahi told employees in a company-wide email that the progress the...

Quick Reads
TrueCar Is Restructuring and Changing Management as Losses Continue

June 14, 2023
TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector.  In an announcement Wednesday (June 14), TrueCar described “a strategic restructuring to streamline the organization, including a workforce reduction impacting approximately 102 positions, or 24% of the Company’s headcount.”  […]

Bitcoin Daily: Netki Revamps Digital ID Service To Help Ensure AML Compliance; BitMEX COO Departs...

September 10, 2019
Netki announced that it has upgraded its digital identity service so that cryptocurrency firms can meet AML recommendations by the Financial Action Task Force (FATF) for fighting money laundering. The...

SunTrust, BB&T Pick New Bank Name

June 13, 2019
BB&T and SunTrust have settled on a name for their combined bank: Truist. Truist will be the sixth-largest U.S. bank holding company, serving more than 10 million households in the...

Uber COO And CMO Switch Out

June 09, 2019
Two big C-Suite positions announced they were stepping down from Uber last week. Chief Operating Officer (COO) Barney Harford and Chief Marketing Officer (CMO) Rebecca Messina will both be leaving...