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Citizens Bank sees digital mortgage tools as a way to expand relationships

Bank Innovation

Citizens Bank is generating one-third of its mortgage applications online, thanks to a suite of tools the company rolled early this year and a partnership with San Francisco-based fintech firm Blend.

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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 location has a 40-person workforce and will focus on software engineering and user experience processes.

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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.

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Getaround Car Sharing Platform Raises $200M At $1.7B Valuation

PYMNTS

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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Google Shares Plans For More Instant Chrome Experience

PYMNTS

Google revealed its latest plans for the web at the Chrome Dev Summit in San Francisco on Monday (Nov. 11), including offering its users instantaneous experiences. Dion Almaer, Google director of engineering, said the company wants to “make loading disappear, for all our users,” according to VentureBeat.

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Bitcoin Daily: Bitcoin Mining Startup Lands $50M From Big-Name VCs; Bitcoin Transaction Fees Have Now Exceeded $1B

PYMNTS

San Francisco-based Layer1 announced that it has raised $50 million from investors including Peter Thiel, Shasta Ventures, and various crypto industry leaders. The more our team utilizes digital currency, the better our customer user experience will be.

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Digit Launches New Savings Bot

PYMNTS

The San Francisco-based company said this will allow users to communicate with the company in a space they are already spending a lot of time. To date, the Digit app — operating on SMS and mobile — has saved users more than $350 million. Another financial service app has launched a chatbot this week.