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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

Varo Bank’s opening … represents the evolution of banking and a new generation of banks that are born from innovation and built on technology intended to empower consumers and businesses,” said Brian Brooks, OCC’s acting comptroller in a statement. “As Varo Bank N.A. which had housed them, the news service reported. million.

National 172
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Affinity Federal Credit Union On The Importance Of Accelerating Digital Transformations

PYMNTS

The CU, which has 20 branch locations within the tri-state area that includes New York and Connecticut, has upgraded its automated services to incorporate integrated cloud-based technologies and environments that involve artificial intelligence (AI). Embarking On A Digital Transformation.

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CVS Partners With Glamsquad To Offer In-Store Hair, Beauty Treatments

PYMNTS

Glamsquad is already available in four CVS BeautyIRL locations in Florida, Connecticut and Massachusetts, and additional locations are scheduled for 2019. Some of the services that will be available include blowouts, dry styling, braids, a 30-minute makeup refresher, skin services and manicures.

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A bridge to affordable housing

Independent Banker

When two executives at Woodforest National Bank noticed a dearth of affordable housing options in southeast Texas, they decided to do something about it, partnering with several housing and community groups to launch an innovative mortgage lending product aimed at underserved clients. Aileen McDonough is a writer in Connecticut.

Austin 91
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On Demand Pay Finds A Home In Financial Services

PYMNTS

Any number of variables can highlight how the traditional two-week pay cycle puts pressure on the management of household finances. Yet, in neighboring Connecticut, the top income tax rate is 7 percent. This created unique challenges for its workforce, ranging from employee burnout to caring for children at home.

Taxes 170
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The Case for Improving Work for People with Disabilities Goes Way Beyond Compliance

PYMNTS

A new study from the Center for Talent Innovation (CTI) found that, according to the 2015 US government’s definition of disability , a significant portion of the white-collar workforce has a physical or mental impairment that substantially limits a major life activity: 30% of a nationally representative survey of 3,570 white-collar employees.

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Fintech Startup Payrailz Selects William Mills Agency as Public Relations Agency of Record

William Mills

Payrailz is a new company working to usher in the next generation of digital payments, including a simpler, innovative and engaging digital payment experience for consumers,’” said Fran Duggan, CEO of Payrailz. “By We believe the industry is ready for a ‘do it for me’ solution to better manage payment and money transfer needs.

Fintech 61