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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

a financial services holding company based in Kansas City, Missouri. This partnership aligns with UMB’s strategy of working with best-in-class innovators like Brex.”. Her role will include legal and compliance oversight including the company affiliate, Brex Treasury LLC, a Securities and Exchange-registered broker-dealer.

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Community Bank Outlook: Challenges and Opportunities in 2021 and Beyond

Abrigo

Takeaway 2 Community banks are at a crossroads: innovate or be left behind (or acquired). 1 Today, community banks are at a critical crossroads: innovate or be left behind (or acquired). . 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.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Raul Vazquez, Chief Executive Officer, Oportun, Redwood City, CA. Cal Ratcliff, Senior Vice President, Chief Compliance Officer, Bank of North Carolina, High Point, NC. William Howle, Head of U.S. Retail Bank, Citibank, New York, NY.

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Fed Looks To Keep Momentum Going On Payments Improvements

PYMNTS

payment system that will require the sustained commitment of the Federal Reserve and the industry to achieve,” said Esther George, chief executive of the Federal Reserve Bank of Kansas City, who also serves as executive sponsor of the payments improvement initiative. “Our 2015 paper laid out ambitious goals for the U.S.

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