Category Archives: Finance

CIO Monica Eaton-Cardone Dissects Blockchain Obstacles and Opportunities

Monica Eaton CardoneAccording to recent financial technology (FinTech) industry data, “billions of dollars have been poured into blockchain companies” as of September 2017, with initial coin offerings or token sales climbing to roughly $2 billion compared to just $256 million in 2016. Private investments into blockchain companies exceeded $4.5 billion from Q1 through Q3 of 2017—including the $3.6 billion acquisition of Canadian FinTech firm DH Corporation by Austin-based Vista Equity Partners and more than 150 additional blockchain transactions totaling $965 million—versus the $624 million raised over the same period last year. Yet despite growing interest among investors, blockchain has not yet gained wide consumer acceptance. Monica Eaton-Cardone, an IT executive specializing in FinTech, risk management and fraud prevention, addresses consumer skepticism and spotlights the advantages of blockchain technology. Continue Reading

Increased Regulation of Financial Services Providers for Increased Customer Protection

Money makes the world go round and a great deal of money goes around the world. The development of the concept of money ended the era of trade by barter; and now, money is a perfect exchange for goods and services. Interestingly, the development of money also birthed some firms that provide core and ancillary… Continue Reading

The Real Pros & Cons of Small Business Loans

Borrowing money is always a tricky situation, because it’s not something anyone is looking forward to, especially in the world of business. Unfortunately, for many small business owners, an SBA is necessary to keep the business afloat. Small businesses are considered the backbone of the American economy, employing more than two-thirds of the workforce over… Continue Reading

Global Alternative Funding Forum Set to Be Held November 11th in Los Angeles

The 5th annual Global Alternative Funding Forum is set on November 11, 2016, from 8 AM to 6:30 PM at the Skirball Center, Los Angeles, CA 90049. This exclusive thought-leadership annual gathering with a think-tank theme is known worldwide for bringing together the world class financiers, the most prominent business leaders, private investors, government officials… Continue Reading

Bellevue’s Outerwall to Be Acquired, Return to Private Ownership

OUTERWALL ENTERS INTO DEFINITIVE MERGER AGREEMENT TO BE ACQUIRED BY CERTAIN FUNDS MANAGED BY AFFILIATES OF APOLLO GLOBAL MANAGEMENT FOR $52.00 PER SHARE IN CASH Transaction Valued at Approximately $1.6 Billion Outerwall Board of Directors Declares $0.60 Quarterly Dividend Bellevue-based Outerwall Inc. has announced that it has entered into an Agreement and Plan of Merger with affiliates… Continue Reading

Michelle Flandreau is New Vice President Of Marketing at GuidantFinancial

Bellevue’s Guidant Financial Names Michelle Flandreau VP Marketing Bellevue-based small business financing specialist Guidant Financial has hired Michelle Flandreau as vice president of marketing. Based in Guidant‘s Bellevue headquarters,  Michelle Flandreau‘s hiring is in Guidant’s 12th year in business.  Guidant Financial’s state goal is to put $350 million to work for small business in 2015.  Reaching this goal will help empower entrepreneurs to help realize their… Continue Reading

PicsArt Mobile Creative Image Community Raises $15M Led By Insight Venture Partners and Sequoia Capital

PicsArt Mobile Creative Image Community Scores $15 Million in New Funding PicsArt mobile creative image community today announced $15M in new funding from Insight Venture Partners and Sequoia Capital. The new round follows a previous investment of $10M from Sequoia earlier this year. The new funding will enable the company to expand globally and develop… Continue Reading

Free Download for BBJ Subscribers: “Understanding the Myths of Market Trends and Patterns”

For a limited time, BellevueBusinessJournal.com subscribers can now download the free ebook from Forex Trends called Understanding the Myths of Market Trends and Patterns. Click on the link to download your copy of this extremely valuable information on how to actually make money in Forex trading. For those of you unfamiliar with Forex, or uncertain what… Continue Reading

VITEK Mortgage Group Expands into Washington

VITEK Mortgage Group has announced their expansion into Washington. Their new team and office are located in Bellevue, WA at 10900 NE 8th Street Suite #110.  This new VITEK location will be the first of many to come in Washington, as they anticipate opening more offices in the near future. The seasoned professionals of the new VITEK… Continue Reading