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Brex Launches Vancouver Tech Hub With 40 Employees

PYMNTS

The new hub will target software engineering and user experience processes. The company also has offices in Salt Lake City and New York City. The startup headed to Vancouver due to its diverse talent pool and skilled global workforce. It has also launched a corporate credit card for startup companies.

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How AML Regulations Are Pulling Credit Unions Into Law Enforcement

PYMNTS

The new site aims to improve online functionality with an enhanced user experience, as well as keep MED5 FCU in compliance with the Americans with Disabilities Act. Meanwhile, another partnership could change the way users engage with a CU’s network of ATMs.

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CVS Pay Launched Nationwide

PYMNTS

CVS Health is launching its mobile payment solution, CVS Pay, on a national basis after a successful test, according to Chainstorage.com. The pilot program launched in August in New York City, and customer feedback and adoption rates have exceeded expectations, according to the company.

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Socure Expands Global Watchlist Compliance Coverage

PYMNTS

“Expanded watchlist capabilities mean that Socure can be a single-source provider for digital identity verification, fraud prediction and watchlist filtering/sanctions compliance, all within our simple interface/API with a consistent user experience. European Union and various United Nations lists. Canada, U.K.,

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Checkout Features, Visa Interchange Rates, Gaana’s Music Service Top This Week’s News

PYMNTS

Mastercard CEO Pushes Back Against National Payments Systems. Mastercard CEO Ajay Banga is very much against attempts to split the Global Payments Systems into national domains. The rates refer to the rates that United States-based merchants pay to accept Visa cards.

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Matching Up Business Insurance With The 21st Century

PYMNTS

I went to insurance school (that’s not really what it’s called, but that’s what I call it) in order to be an agent to sell property and casualty insurance in the state of New York. In our case, I think there was a lot of excitement around the user experience that we built and how intuitive we made it.

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Why Peer-to-Peer models struggle against oligopoly

Lex Sokolin

The media industry has been able to deploy a business model that uses the Internet to deliver a better user experience when bundled with the law. It is a worse user experience to avoid it. The incentive alignment between people who crowdfunded the neobanks and then became users of those applications is profound.

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