Weekly Wrap: Sibos takeaways, and the OCC payments charter
Sibos 2020 took place this week in a digital format. During a conference on robotic process automation, industry leaders discussed ...
Tag: U.S. Office of the Comptroller of the Currency (OCC)
With payments charter, OCC pushes to streamline banking
The Office of the Comptroller of the Currency is pushing ahead on its plan to get charters into the hands ...
Movers and shakers: Notable August hires in fintech and banking
There were a handful of prominent staffing shuffles in August within the banking and fintech space, as the fallout from ...
A disruptive vision: Varo is officially a bank
After a three-year saga, Varo Money finally has its bank charter. The Office of the Comptroller of the Currency, the ...
Varo, with $241M Series D, plans to become a bank this summer
Varo Money is in the “last leg of the race” in getting a banking charter, according to founder and CEO ...
Varo’s bank charter process a test for consumer banking startups
This week, digital banking startup Varo received approval from the Federal Deposit Insurance Corporation, a significant milestone in the company’s ...
Despite court lumps, OCC planning extended legal battle over fintech charters
Despite a recent legal challenge, the Office of the Comptroller of the Currency is continuing to push for the legalization ...
SMB lender OnDeck ‘actively pursuing’ bank charter
On the heels of digital banking startup Varo Money applying for a banking license with the Federal Deposit Insurance Corporation ...
Varo files FDIC application, announces $100m Series C funding
Varo Money, the 4-year-old digital banking startup with 750,000 users and $600 million in deposits, has applied for a banking ...
Financial industry reps worry OCC regulatory ‘sandbox’ could stifle innovation
The Office of the Comptroller of the Currency (OCC) is pushing ahead with its Innovation Pilot Program, a mechanism that ...
