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Connecticut Banking Dept. issues cease and desist order to stop fintech loan finder from operating without small loan license

CFPB Monitor

The Order also directs SoLo to stop enforcing loans made to Connecticut residents and make restitution of any amounts it obtained in connection with such loans together with interest. As described in the Order, SoLo’s website promotes its ability to “connect lenders and borrowers” through a mobile application (“Platform”).

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Shake Shack Flips For Mobile App

PYMNTS

Getting in on the mobile ordering trend, Shake Shake flipped the option from just standing in line to pay for an order, to adding the option for tapping an order into the app for pick up in-store. This comes after other fast-food and fast-casual chains, like Chipotle, Starbucks and Taco Bell, have already launched their mobile ordering apps.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. Mobile Lottery Product. Nor do these mobile-enabled lottery cards represent Ohio’s first attempt to keep its edge when it comes to state lotteries.

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Affinity Federal Credit Union On The Importance Of Accelerating Digital Transformations

PYMNTS

The CU’s goal was to transition to an automated service model, with virtual channels for mobile and online banking as well as an upgraded contact center, according to Jacqui Kearns , chief brand officer for Affinity. “We Embarking On A Digital Transformation.

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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

Since its inception, Varo has provided free checking and savings accounts and no overdraft fees through its mobile app. The initiative was co-led by new investor Gallatin Point Capital LLC, a Connecticut private investment firm, and existing investor The Rise Fund , a global impact investment fund. Varo Bank N.A. million.

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Mega Millions Winning Ticket Could Come Via Payment Card Tonight

PYMNTS

Take Connecticut, for example,” reads an article from Heavy.com. For instance, Ohio — which also accepts credit and debit for purchases of lotto tickets — recently launched what was described as the state’s “ first mobile-enabled lottery card.” Lottery transactions are steadily moving away from cash-only affairs.

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Empty Steel Canyons In NYC As Commuters WFH?

PYMNTS

For a microcosm of how it all might shake out, and what the ripple effects may be, consider the case of Greenwich, Connecticut. As reported by Bloomberg earlier in the month, Connecticut Governor Ned Lamont has said the chief executives of several firms have been looking at telecommuting. That may be about to change.