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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). Her role will include legal and compliance oversight including the company affiliate, Brex Treasury LLC, a Securities and Exchange-registered broker-dealer.

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Galileo, Plaid Integrate To Streamline ACH Transfers

PYMNTS

The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology platforms to connect bank accounts and initiate automated clearing house (ACH) transfers. Last month, Galileo launched what it called a faster and less expensive way to create debit cards.

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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. Founded in 2009, the San Francisco-based company has already received more than $400 million in total venture capital funding from investors including GV, Madrona Venture Group and actor Ashton Kutcher.

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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. Founded in 2009, the San Francisco-based company has already received more than $400 million in total venture capital funding from investors including GV, Madrona Venture Group and actor Ashton Kutcher.

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As Sharing Services Face Backlash, Payments Takes A Bigger Role

PYMNTS

Those controversies have notably played out in San Francisco , though other cities, including Chicago and Los Angeles, are going through them at their own pace. Compliance and regulatory issues remain top of mind, of course, but so does the overall experience of both buyers and sellers.

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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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FinDEVr Preview: Hyperwallet

Fintech Labs Insights

On October 6 & 7 in San Francisco, 60 companies will present their latest developer tools, tips, and integrations. They will see how building into Hyperwallet’s outbound payments technology will quickly, easily and securely unlock a new world of payout flexibility for independent workers on your platform.