PYMNTS
JULY 22, 2020
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.
Abrigo
AUGUST 6, 2021
according to FFIEC and FDIC data. One key area that can be both an obstacle and an opportunity for community banks is technology, the Federal Reserve Bank of Kansas City says. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management.
Abrigo
JULY 26, 2021
They also said it doesn’t ensure compliance with U.S. Peer rates may be a reasonable starting point. It’s up to management to make adjustments up or down.” . Be Prepared. Timing issues to consider. This is particularly important during periods in which the economic environment is rapidly changing.
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