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Google Testing Same-Day Delivery In San Francisco

PYMNTS

Google is getting into the grocery delivery market, with NBC News reporting that it is testing a same-day delivery service that will bring food and other online orders to consumers’ doorsteps. The idea behind it, noted NBC News, is for Google to make people even more reliant on the Internet so it can turn around and sell more online ads.

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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

the San Francisco-based online bank, had the last laugh. 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. Varo is the first consumer FinTech to receive a new national bank charter from the U.S. Varo Bank N.A.

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Super Bowl Countdown Brings New Online Gambling Action From Barstool

PYMNTS

29), has Penn National Gaming Inc. Penn National reportedly will spend another $62 million or so over the next three years to increase its stake to 50 percent of Barstool Sports. Penn National reportedly will spend another $62 million or so over the next three years to increase its stake to 50 percent of Barstool Sports.

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Consumers' Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers

PYMNTS

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D.

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Blockchain Groups Gain Momentum in Cross-Border Payments

Bank Innovation

San Francisco-based Ripple announced that seven global banks have joined its network to improve their cross-border payments experience. Among the banks are Santander, UniCredit, UBS, ReiseBank, CIBC, National Bank of Abu Dhabi (NBAD), and ATB Financial. Real-time international payments are not far over the horizon anymore.

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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The community bank provided nearly 480,000 PPP loans totaling more than $13 billion to businesses across the nation. “I

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Report: Digital Lender SoFi Eyes IPO Via SPAC

PYMNTS

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. Office of the Comptroller of the Currency for its application for a national bank charter.

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