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Fintech Startup of the Week: Challenger Rho Business Banking Targets Sophisticated Startups/SMBs

Fintech Labs Insights

Rho has positioned itself for the more sophisticated business touting its $75M in deposit insurance (via a network of FDIC-insured banks), QuickBooks integration, accounts payable tools (ala Bill.com), low-cost FX and global transfers and even access to venture debt providers. Rho bank 1-min promotional video. Company vitals.

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Fintech Startup of the Week: Challenger Rho Business Banking Targets Sophisticated Startups/SMBs

Fintech Labs Insights

Rho has positioned itself for the more sophisticated business touting its $75M in deposit insurance (via a network of FDIC-insured banks), QuickBooks integration, accounts payable tools (ala Bill.com), low-cost FX and global transfers and even access to venture debt providers. Rho bank 1-min promotional video. Company vitals.

Fintech 15
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Seeking Banking Balance Between Physical And Digital

PYMNTS

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). Among the participating FinTechs are Payso, SnapCheck and Token. It’s a really exciting time to be in the space.”. About the Tracker.

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Acquire or Be Acquired 2018: Breaks, Bulls and Business Models

Gonzobanker

Jim McAlpin from Bryan Cave LLP noted that the bulk of regulatory relief would come through a more rational examination process from the Fed, OCC and FDIC – clearly welcome news for those who fell victim to armies of examiners in conference rooms over the past decade. #2: Related Videos. Watch Video. Watch Video.

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How to Protect Your Small Business Bank Accounts from AI-Assisted Phishing Attacks

Fintech Labs Insights

Criminals can use text generators for grammatically perfect emails, voice generators for pitch-perfect phone calls, and even decent-quality video images to fake a Facetime call. An obvious criminal use case for ChatGPT and similar generative AI services is crafting better ( actually near-perfect ) personalized phishing attacks.

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SMB Challenger Banks: Lili Focuses on Freelancers

Fintech Labs Insights

Security features (account freeze, real-time transaction notifications, FDIC insured). Video reviews. Fintech Winners: Watch 6 Finovate “Best of Show” Startups from 2021. Small Businesses (SMB, May 2021) Watch 12 Fintech Startups Pitch at Startupbootcamp Amsterdam Demo Day (May 2021 update)). Trustpilot: 2.8

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SMB Challenger Banks: Lili Focuses on Freelancers

Fintech Labs Insights

Security features (account freeze, real-time transaction notifications, FDIC insured). Video reviews. Related: Watch 12 Fintech Startups Pitch at Startupbootcamp Amsterdam Demo Day (May 2021 update)). Business debit card with free withdrawals. app store ratings (actually 4.7 in Apple store, 4.5 Citations: 8 (Crunchbase).

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