PYMNTS
JULY 22, 2020
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.”. Brex said the FDIC insurance on uninvested cash reserves up to $250,000 is the result of a partnership with UMB Financial Corp. ,
Gonzobanker
FEBRUARY 1, 2023
While AOBA provides a fertile forum for buyers and potential sellers in the bank M&A space to commensurate, the crowd uses this valuable face time to also delve into discussions about the economy, strategic growth, fintech innovation, competition, and talent wars.
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PYMNTS
JANUARY 31, 2019
The partnership will integrate the R3 platform into the SWIFT global payments innovation (gpi) offering. The trio is comprised three executives of the Federal Reserve Bank of Kansas City: Barbara Pacheco, former senior vice president, Thomas Hoenig, former president, and Bruce Summers, former director of information technology.
PYMNTS
FEBRUARY 5, 2019
Regulators can ban payday loans – but no one can ban cars that break down, heating systems that drop dead in the middle of the winter, medical crises or any of the myriad unexpected financial events that send consumers running to the embrace of short-term lenders. But now, they are ready to think about expanding.
PYMNTS
SEPTEMBER 27, 2019
The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow , its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. Reception toward the initiative was not, however, universally positive. payments ecosystem. payments ecosystem.
PYMNTS
SEPTEMBER 7, 2017
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.
Gonzobanker
DECEMBER 20, 2018
PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. Hats off to Greg for taking a $600 million credit union to a $5 billion innovator over his 25 years at the helm. Bank Sale of the Year.
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