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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.

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BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity

PYMNTS

With the global pandemic continuing to cause market disruptions, the opportunities for fraudsters remain on the rise. 115,000 worth of fraudulent payments were reportedly made by former leaders of a small town in Missouri , the New York Times recently reported. ” The U.K. 200 percent more BEC scams hit U.S.

Fraud 148
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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

It’s certainly not the type of pull marketing they teach in business school, but at the rate merchants keep showing up on the Chapter 11 Watch, retailers can’t be too pika-choosey about the ways they draw new customers in. “Minyard has a rich heritage and good people working there,” Byars said. ” Layoffs.

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Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

capital appreciation and dividends. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations.

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This Time, We Want You To Drink The Kool-Aid

PYMNTS

We have a significant level of awareness,” said Andrew Louie, brand manager of refreshment beverages at Kool-Aid’s modern corporate parent company, Kraft. Apart from being rolled onto the market in Nebraska in 1927, we have a few other fun facts about the fruity, sweet beverage. Everything You Need To Know About Kool-Aid.

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Banking's Total Return Top 5: 2015 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Total return includes two components: capital appreciation and dividends. But management went to work.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. Payments and commerce solutions for unbanked in emerging markets. Social media management & compliance for financial institutions . Louis, Missouri. Credit risk management.