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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. Consumers can buy the lottery cards and give them to other people.

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FinTech Could Be Hurt By Fight Between OCC And States

PYMNTS

TechCrunch said the fight between states and the OCC centers on a proposal made by the OCC in December, in which it details a program that enables FinTechs to apply for charters to become special purpose national banks. Some are concerned the OCC is hurting innovation, while others think it’s overstepping its limits.

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OppFi files complaint to block “true lender” challenge by California Department of Financial Protection and Innovation

CFPB Monitor

The rules provide that a loan made by a national bank, federal savings association, or federally-insured state-chartered bank that is permissible under applicable federal law (Section 85 of the National Bank Act (NBA) or Section 27 of the Federal Deposit Insurance Act (FDIA)) is not affected by the sale, assignment, or other transfer of the loan.

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Grocery Tracker: For The Chickens

PYMNTS

Elanor Starmer, head of the USDA’s Agriculture Marketing Service Administrator, which runs the National Organic Program, was quoted as saying: “This rule will level the playing field and provide clarity to the industry.” Kroger, for one, will soon expand testing of its technology enhancements for its shelf spaces.

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Senate Grills Facebook’s Marcus Over Libra

PYMNTS

We say defense because it was apparent from early in the hearing that the senators gathered were more than a little suspicious of Facebook’s latest innovation — and less than favorably inclined to letting it move forward. Marcus went on to reaffirm Facebook’s commitment that it would not look to bring Libra online in the U.S.

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Welcome to New Orleans

Independent Banker

New inspirations, fresh experiences await at ICBA’s national convention. ICBA’s national convention offers an educational lineup this year of more than 60 workshops and networking sessions. Coldwater, Ohio. Tech entrepreneur and New York Times bestselling author on business creativity, innovation and reinvention.

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FinDEVr APIntelligence

Fintech Labs Insights

Online Lending Innovator SoFi Launches Robo Advisor. Ohio-based First National Bank of Pandora chooses core account processing platform from Fiserv. Trulioo Bolsters Regtech Solution with Mitek Partnership. Alumni updates. Trulioo Bolsters Regtech Solution with Mitek Partnership.

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