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Varo Achieves Milestone AsĀ 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. On Friday (July 31), the Office of the Comptroller of the Currency (OCC) announced Varo Bank has been granted its full-service national bank charter. the San Francisco-based online bank, had the last laugh.

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Amid Changing Lifestyles, Homebuying To Continue Torrid Pace?

PYMNTS

To that end, and in terms of the data announced by the National Association of Realtors, existing home sales grew by 9.4 million homes on the market. In terms of turnaround, properties were on the market for only 21 days. This implies that first-time buyers are being priced out of the market. The Role of Technology .

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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

People’s United Bank, which operates across Connecticut, southeastern New York state, Massachusetts, Vermont, Maine and New Hampshire, recently demonstrated the growing interest of community banks to collaborate with FinTechs to expand their product offering ā€” just as larger national and multinational financial institutions (FIs) do.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Late last year, DraftKings reported $213 million in 2019 revenue and control of about 60 percent of the market, indicating that the industry as a whole had revenue north of $350 million ā€“ and thatā€™s only counting the direct revenue brought in by wagers. The firm entered the public markets with a valuation of $3.3

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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

Razi, whose firm offers payments technology that automates compliance with rules for card surcharging, said that with the decision in the New York case, bans on the bans (so to speak) in the aforementioned states cover 40 percent of the U.S. population.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Not only do gift cards stand as the most popular holiday present, according to the National Retail Federation and other sources, but a Blackhawk Network survey found that ā€œ44 percent of consumers surveyed are interested in receiving a gift card to play the lottery, while 43 percent would be interested in giving a lottery gift card.ā€.

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Data privacy: How to keep customer data safe

Independent Banker

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customersā€™ personal data through compliance, technology and relationship building. Balancing marketing personalization with data privacy. By Katie Kuehner-Hebert.

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