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Weekly Wrap: Varo gets FDIC approval, as Curve prepares for US launch

Bank Innovation

In this episode, editors discuss the following news developments: The implications of banking startup Varo’s FDIC approval; How U.K. card startup Curve opened a New York City office in advance of its U.S. Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb.

FDIC 243
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Is ‘Walking In A Live Instagram Account’ The Future Of Physical Retail?

PYMNTS

If so, one can probably remember the fantastical predictions that, before too long, brick-and-mortar retail would go the way of the horse-and-buggy. Physical retail may be going through some tough times. It should almost feel like you are walking in a live Instagram account,” she said when describing the ideal SHOWFIELDS experience.

Retail 103
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Trust And Speed Light A New Path To Omnichannel Retail

PYMNTS

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. And what they want and expect are what’s going to drive so much of retail and payments in the coming years and decades. Shift Intensity. Shift Intensity.

Retail 137
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In The Park. At A Kiosk. Using Digital Payments. Buying $1.6K Designer Jewelry.

PYMNTS

In response, unattended retail operators are finding new ways to embrace alternative payment methods, ranging from mobile wallets to cryptocurrencies. Around The Unattended Retail Space. Around The Unattended Retail Space. For many retailers, vending machines have become a critical part of the customer experience.

Metro 122
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Ex-QVC Executive Gets 2.5 Years In Prison For Defrauding Company

PYMNTS

CNBC said The Steinberg Group , which operates under the name dOMAIN, and a production management company in New York City agreed to submit altered invoices and bills to hide the scam. The fraud happened from 2008 until he was fired in 2013, noted the report. That buy has QVC remaining at almost 62 percent. .

Company 102
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Mobile Apps Unlock Urban Oases For Rest And Productivity

PYMNTS

It offers amenities such as showers, nap pods and soundproof phone booths, along with functional retail with essential items available. In addition to the current Hudson Yards location, additional New York City locations are planned to roll out this year). Hudson Yards .

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NEW INSIGHT: Vending Machines, Delivering Caviar Dreams

PYMNTS

But, for consumers with more cash on hand or cards with higher spending limits, more luxurious items, including caviar and cars, can also be purchased through specialized vending machines. The solution uses a 3D camera positioned at the restaurant’s POS terminal to scan customers’ faces and verify their identities. About the Tracker.