The Federal Deposit and Insurance Commission (FDIC), the US regulatory agency that provides vital deposit insurance for millions of account holders in the US, has given the green light to Varo Money – a digital-only bank. The Office of the Comptroller of the Currency (OCC),… Read More
Read more in: Featured Headlines, Fintech | Tagged banking, colin walsh, digital bank, marcus, varo bank, varo money
Wells Fargo & Company (NYSE:WFC) has launched a mobile first, digital bank branded as Greenhouse by Wells Fargo. The traditional bank predicted Greenhouse “will appeal to a broad base of consumers, many of whom have several income sources or are paid infrequently, which can make… Read More
Read more in: Fintech | Tagged challenger bank, colin walsh, greenhouse, varo bank, wells fargo
Varo Money has applied for a national bank charter from the Office of the Comptroller of the Currency (OCC) and with the Federal Deposit Insurance Corporation (FDIC) for federal deposit insurance. This is the next step in creating a digital only challenger bank (Varo Bank) that… Read More
Read more in: Featured Headlines, Fintech | Tagged app, bancorp, banking charter, challenger bank, colin walsh, david coulter, fdic, occ, varo bank, varo money, warburg pincus
© 2020 Crowded Media Group. All Rights Reserved.
Send this to a friend