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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

Department of the Treasury that charters and regulates financial institutions. 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.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. In Connecticut, for example, you cannot buy tickets with a credit card. Lotto and Payment Cards.

Ohio 103
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Strategic Insight Buys BrightScope for Reported $35+ Million

Fintech Labs Insights

.” Commenting on the news, Strategic Insight CEO Joel Mandelbaum said, “BrightScope is well known for its unique retirement data and its technology innovation. ” The acquisition comes in the wake of a pair of other recent pickups for Strategic Insight – Market Metrics and Matrix Solutions. Germany, and Canada.

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What Shiny New Life Insurance Startups Can Learn From My Mistakes

Tech and Finance

Entrepreneurs resolved to tackle financial services, and life insurance specifically, need to be prepared for a different way of doing things and for the challenges that come with highly regulated industries. If you are truly doing something new, regulation will be a challenge. Everything in life insurance is subject to regulation.

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FTC Takes Fresh Aim At Big Tech — And Its Previous Mergers

PYMNTS

history, but a part of global economic development stretching back centuries: First comes innovation, then comes growth based on that innovation (not just economic, but cultural and other forms of growth), then comes the regulatory backlash. It’s a process that stands not only as a familiar feature of U.S.