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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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Even with Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

The move came about a month after Fair, which functions via an app, secured a $500 million revolving credit facility led by Mizuho Bank. Kirk has a decade of experience running treasury and capital markets for large fleet companies, and is well known on the capital markets side. SoftBank Group Corp. That’s hardly all.

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Even With Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

The move comes about a month after Fair, which functions via an app, secured a $500 million revolving credit facility led by Mizuho Bank. Kirk has a decade of experience running treasury and capital markets for large fleet companies, and is well-known on the capital markets side. SoftBank Group Corp. That’s hardly all.

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As Sharing Services Face Backlash, Payments Takes A Bigger Role

PYMNTS

New Orleans is the site of one of the most significant and ongoing backlashes against the sharing economy, a global trend that probably won’t kill off Airbnb and other major players, but could create more hassles and pressures for some companies struggling to make it in this big, crowded market.

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Hot banking sessions at IBM Think 2019

Insights on Business

With such a great lineup of education and activities for financial services leaders at IBM Think from February 12-15 in San Francisco this year, planning your agenda will be tough. capture new revenue and increase user engagement. capture new revenue and increase user engagement. AMC at Metreon, Level 3 | Theatre 12.

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Token Picks Up $18.5 Million to Help Banks Rise to Challenge of PSD2

Fintech Labs Insights

Securing the backing from such world-class investors allows us to grow and execute faster in our mission to reinvent the world’s payment systems by providing common, secure access to all banks and a modern, bank-centric payment ecosystem,” Token founder and CEO Steve Kirsch said. With an investment of $15.7

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FinDEVr Live: Hypori’s VMI Moves FinTech Mobile Apps to a Secure, Virtualized Cloud

Fintech Labs Insights

Hypori’s virtual mobile infrastructure platform (VMI) shields enterprises from the risks of BYOD while providing a rich, responsive end user experience, and a more secure, cost-effective compliant solution for any organization. Key Takeaways: Hypori’s architecture for virtual mobile infrastructure.