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Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). Brex said the new funding would be used for engineering and design to advance its tools for expense management and procurement.

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Fenergo Brings its Client Lifecycle Management Innovations to ABN AMRO

Fintech Labs Insights

ABN AMRO is the latest bank to choose Client Lifecycle Management solutions from Fenergo. ABN AMRO is the third-largest bank in the Netherlands and will use the technology to support its CDD/KYC processes in specific, and the bank’s broader “business transformation strategy” in general.

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Fintech challengers – a threat or an opportunity?

NCR

The disruption caused recently by the emergence of a wide range of new financial technology (Fintech) players has been a huge jolt for the banking sector, and reminded traditional players that they cannot afford to be complacent in the face of these competitors. The rise of the challengers. ” An effective approach?

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FinovateFall 2017 Live Blog – Day 2

William Mills

VERY Cool mobile, user experience. Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. Very interesting UI on how companies and topics are integrated as well as the sentiment of the financial news. I believe it, but it’s still bad news.

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Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

Personal finance: Using chatbots to help people manage their spending. From crawling financial documents to simplifying how users manage their money, chatbots are creating more efficient financial technology on both the back- and front-end. Managing money is a complex undertaking. Table of Contents.