Remove FDIC Remove Regulation Remove User Experience
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FDIC Digital Sign Requirement Deadline Fast Approaching – Part 1 of 2

Perficient

Just before Christmas in 2023, December 23, 2023, to be precise, the Federal Deposit Insurance Corporation (“FDIC”) Board of Directors gave a Christmas gift that was the equivalent of coal in their stocking. Banks will also be required to display the FDIC official digital sign on certain automated teller machines.

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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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Ternio Integrates With Plaid To Ease Access To Crypto-Friendly Accounts

PYMNTS

With Plaid, users are able to link bank accounts securely near-instantaneously, through using login credentials rather than verifying through micro-deposits, which could help to cut down on fraud. customers to activate their FDIC-insured BlockCard bank accounts. dollars between all of their accounts.”.

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Revolut Adds Crypto To US Offerings With Paxos Deal

PYMNTS

Under its deal with Revolut, Paxos takes care of all the back-office details needed to make the cryptocurrency brokerage run on Revolut’s platform, including compliance with various state and federal regulations, while enabling Revolut to handle the customer-facing aspects of the relationship. Revolut made its U.S.

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BBVA On Google, Digital Banking And The Rise Of The ‘Everyday App’

PYMNTS

3) that it would work with Google to deliver “smart” digital bank accounts, using Google Pay as an app-driven way to broaden its digital reach and improve usersexperiences with their financial institutions (FIs). To that end, BBVA was one of six banks that said on Monday (Aug.

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Whatever Happened To…Kabbage

PYMNTS

Our focus has always been on user experience and for them to get capital in less than ten minutes. In a highly regulated sector, regulations are ever-evolving, which can implicate, limit and change relationships. Kabbage had been talking with Thrift, when regulations involving OTC caused an abrupt shift. “[The