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Generation Life launches lifetime annuity solution using GBST’s Wealth Management technology

Bobsguide

Generation Life CEO, Grant Hackett OAM , said: “Working together with the GBST team, we have been able to improve and expand our financial technology capabilities to allow us to build out an innovative solution for the retirement income market.

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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). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.

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Citi Teams With Cachematrix To Revamp Online Investing Experience

PYMNTS

Citi is leveraging a newly formed strategic partnership with Cachematrix to create an online investment gateway for money market funds (MMF), Citi announced in a press release on Tuesday (Oct. The alliance intends to pilot development in the handling of money market funds to automate and simplify investment decisions.

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Alibaba On Why US Is The ‘Testing Ground’ For Global B2B eCommerce

PYMNTS

The eCommerce conglomerate is best known in its home market of China, where Chinese vendors gain access to an estimated 10 million business buyers, most of which are across borders. The North American market is undoubtedly a strategic one for the firm, with Onan pointing to the importance of enabling U.S.-based International Ambitions.

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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. ” An effective approach?

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The Non-Traditional Bank

Jack Henry

These technology titans have the budgets and the users to create a first-class user experience and completely disrupt the way all of us view mobile banking and mobile payments. But can they focus enough to maintain what the banks and credit unions already know about this market? The answer is yes, I am different.

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Uncovering The Value Proposition In FinTech Innovation

PYMNTS

Governments and banks have a lot to do with developing an ecosystem that supports adoption of payments technologies for both consumers and corporates, and DeLuca sees some stark differences between the U.K. markets that could be slowing down the digitization of electronic B2B payments. The adoption curve, especially in the U.S.,