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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 which had housed them, the news service reported. To date, Varo has raised $419.4

National 172
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US Patents Hit All-Time High In 2019

PYMNTS

The company was launched in 1955 under the name Information for Industry (IFI) and is headquartered in New Haven, Connecticut, with a satellite office in Barcelona, Spain. Apple leads the wearables market, shipping 46.2 million units for the year.

US 150
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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. Prioritizing Upgrades.

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The Real-Time Payments Receivables Conundrum

PYMNTS

Barnum grew a series of small but well-marketed performances of human oddities into a full-blown traveling circus/freak show extravaganza for 146 years before the “big top” folded forever in 2017. Inertia can be the death knell of any innovation – and in payments, it’s the proverbial showstopper. and Barnum & Baily Circus.

Payments 152
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Fintech Startup Payrailz Selects William Mills Agency as Public Relations Agency of Record

William Mills

Payrailz was founded to help financial institutions succeed by offering a smarter, faster and more engaging payment experience surpassing the current solutions available in the market. Digital payments and the user experience continue to be a big focus for the financial industry,” said Mickey Goldwasser, VP marketing at Payrailz.

Fintech 61
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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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An App A Day Keeps Grocery Shoppers Coming Their Way

PYMNTS

non-profit grocer Daily Table, which stocks healthy and convenient foods at an affordable price by sourcing them from a large network of growers, markets and manufacturers. Instacart started in San Francisco but announced that it plans to launch in more than 100 new markets by the end of 2017.