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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.

FDIC 166
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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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Fed Looks To Keep Momentum Going On Payments Improvements

PYMNTS

For the Fed, progress means improving the speed, security and efficiency of the payments system, and to focus on international payments capabilities and promote collaboration within the field. Since establishing the Secure Payments Task Force, the Fed said efforts on payments security have been closely aligned with those on payments speed.

Payments 124