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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds. a financial services holding company based in Kansas City, Missouri. In May, Brex closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said.

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Farmers Step Up Deliveries In Rural America

PYMNTS

According to Steward, which provides capital and helps farms set up internet platforms, farms have the potential to step up during the virus crisis and show that they can adapt. million in lost revenues, according to researchers from Colorado State University and the University of Missouri. Many are already doing so.

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Deliverr Raises $7.1M In Venture Funding Led By 8VC

PYMNTS

According to reports citing the company, the Series A round of venture funding was led by 8VC, the venture capital company. Deliverr has ten warehouses in states including Texas, Missouri, Pennsylvania, Ohio, and New Jersey. million in a round of venture funding.

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Coinsource Brings Bitcoin ATMs To The Midwest

PYMNTS

Coinsource , the largest network of bitcoin ATMs in the United States, recently announced it placed three new machines in St Louis, Missouri — the company’s first foray into the Midwest market. It’s fascinating when you see how some countries, like Switzerland, are exploring and accepting bitcoin.

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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.

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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. It also conducts mortgage banking from 12 offices in Illinois, Kansas, Nebraska, Missouri, Minnesota, Arizona, and North Dakota. OTCQX: BNCC) BNCCORP, Inc.,