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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

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. As a new national bank, Varo joins the world’s most respected system of financial institutions and has the opportunity to become a household name as many other national banks have become.”.

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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

People’s United Bank Senior Vice President of Treasury Management Cris Sigovitch told PYMNTS that while access to payables FinTech solutions is important, perhaps even more essential is access to a trusted partner that can guide firms toward a resilient and future-proof AP department. . ” Offering the Right Tools.

Regional 214
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Uber Eats Says Customers Donated $3M To Help Unemployed Workers

PYMNTS

Uber Eats said it will send its matched portion to the National Restaurant Association’s Restaurant Employee Relief Fund. As reported in early April, the National Restaurant Association created the fund to support U.S. Two days later, it expanded citywide and then was introduced over the next week to the rest of the nation. “We

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Toys That Have Stood The Test Of Time

PYMNTS

The original STEM toy, and part of the first class of toys inducted into the National Toy Hall of Fame (yes, that exists), has actually been around for over 100 years. The first sets were originally patented by Alfred Carlton Gilbert and first sold by his company, the Mysto Manufacturing Company of New Haven, Connecticut in 1913.

National 179
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Smaller Firms Targeted For Big Hauls By Payments Fraudsters

PYMNTS

As reported by TwinCities.com , the Better Business Bureau (BBB) and Federal Trade Commission surveyed 1,200 small firms across the nation. In one case that showed how crime does not pay (and, in fact, can cost all parties dearly in Connecticut), a woman agreed to reimbursement to the tune of $1 million. Think of livestock.

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CFPB highlights bank account or service complaints in fifth monthly complaint report

CFPB Monitor

The new report highlights bank account or service complaints and complaints from consumers in Connecticut and the Hartford metro area. General findings include the following: As of November 1, 2015, the CFPB handled approximately 749,000 complaints nationally, including approximately 23,300 complaints in October 2015.

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A bridge to affordable housing

Independent Banker

Daniel Galindo, pictured, and Doug Schaeffer of Woodforest National Bank helped involve the community bank in providing funding for and access to affordable housing. Name: Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. Doug Schaeffer, Woodforest National Bank. By Aileen McDonough. Assets: $9 billion.

Austin 91