Intuit introduces QuickBooks Cash, a new business bank account. It comes with a debit card that syncs to QuickBooks and can access funds in 30 minutes.
ComplyAdvantage announced a $50MM series C. ComplyAdvantage’s aim is to neutralize the risk of money laundering, terrorist financing, corruption, and other financial crime. They refer to themselves as AML software, which stands for Anti-Money Laundering. And, TIL that less than 3% of all financial crime is ever caught.
Uber is reportedly scaling back its digital finance ambitions, the head of Uber Money left, and the company refocuses on its core business. The financial services strategy debuted at Money 20/20 late last year, powered by Green Dot.
MSTS offers CaaS (credit as a service) for marketplaces. I revisit this plea for “Stripe for POs” every few months. In related news, MSTS was just spun out of World Fuel Services.
Innovation where you might least expect it — EBT. A great segment from Marketplace.
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