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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. Varo coming in as a full national bank, with an already proven market fit and massive demand for more-affordable digital-banking solutions, is a very exciting moment,” Walsh told Bloomberg.

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Banks Fight Back Against ‘Fake Grandchild’ Scammers Who Target Seniors

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Sure, younger consumers justifiably get a lot of attention in the worlds of payments and commerce, given their earnings and earning potential, and their willingness to adopt new retail and financial technology. But the U.S. Treasury stats are a reminder of the role that seniors play both in banking and as targets of fraud.

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