The API race, CFPB vs. Citizens, Varo's bank charter: Top stories of the week

Varo gets vital FDIC OK for bank charter

It was Varo's second try with the Federal Deposit Insurance Corp., but it has now moved within a few steps of obtaining what has eluded fintech firms of late: a green light from banking regulators.

(Full story here.)

Synovus hires former Regions execs to form affordable housing business

The additions come as the Georgia regional looks to maintain momentum in commercial lending.

(Full story here.)

California governor to fintechs: Forget Utah. Be an ILC here.

Gavin Newsom's proposal to create a consumer watchdog modeled after the CFPB includes a provision that would make it easier for upstart financial firms to obtain industrial loan charters.

(Full story here.)

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The API race, CFPB vs. Citizens, Varo's bank charter: Top stories of the week

Foundation exec returns to Citi after 6 months at Wells Fargo

Wells Fargo escalates the API race

Big mortgage lenders are flirting with disaster

Wells Fargo hires another JPMorgan exec as shake-up continues

CFPB's unexpected showdown with Citizens

Varo gets vital FDIC OK for bank charter

Synovus hires former Regions execs to form affordable housing business

California governor to fintechs: Forget Utah. Be an ILC here.

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