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Delivering A Secure Seamless Banking Experience In The Age Of COVID-19

PYMNTS

Many CUs are doubling down on their efforts to digitize their services in a secure manner. One such player is Arizona Federal Credit Union (Arizona FCU), which is working to offer improved access to its 130,000 member-owners. ” Adapting To Changes.

Arizona 159
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Digital Car Insurer Metromile To Go Public Through Merger With INSU II

PYMNTS

The combined company, to be led by Metromile CEO Dan Preston , will have a pro forma market capitalization of approximately $1.3 Investors Social Capital, Hudson Structured Capital Management, Miller Value, Clearbridge and Mark Cuban have committed to investing $160 million through a private placement of INSU II Class A common shares.

Arizona 264
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Robinhood's Newest Funding Round Grows To $660M

PYMNTS

Sequoia, Andreessen Horowitz and 9Yards Capital are among some of the backers providing the new funds. At the time, Robinhood said it intended to bring “hundreds” of financial services personnel onboard in 2020 in Tempe, Arizona and Southlake, Texas. In July, Robinhood scuttled plans to roll out a stock trading app in Britain.

Arizona 178
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Bitcoin Daily: Overstock CEO Shares Movement In Bitcoin Efforts; Russia Might Be Open To Crypto Trading

PYMNTS

Byrne predicted that security tokens will reduce friction in capital markets while also improving price discovery. The killer app of blockchain is security tokens,” Byrne said. and those security tokens are going to need a regulated exchange. The regulated exchange will disrupt Wall Street itself.”.

Bitcoin 100
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Arizona’s regulatory sandbox is open for play

CFPB Monitor

On August 3, 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.”

Arizona 68
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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

• Phoenix, ArizonaArizona Bank & Trust ($102 million). Flagstar capitalizes on going local, too. • Indianapolis, Indiana – First Internet Bank of Indiana ($249 million). • Hartford, Connecticut – United Bank ($1.19 • Nashville, Tennessee – Pinnacle Bank ($432 million).

Cleveland 150
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Why Voice Authentication’s Doing Prison Time

PYMNTS

What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. Authorities and prison technology companies say this mass biometric surveillance supports prison security and fraud prevention efforts.”. New technology often starts out at the U.S. Voice-Print Efforts.

Fraud 161