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Tag: varo bank

14 FinAi execs to watch in 2026

November 5, 2025November 5, 2025 · Banking

Banks, fintechs, credit unions and tech giants are looking to leadership to spearhead AI strategy as the technology continues to improve speed, efficiency and overall productivity in the…

Read more 14 FinAi execs to watch in 2026

Varo launches AI academy for training, identifying use cases

October 6, 2025October 6, 2025 · Banking

Digital bank Varo is working with employees to find use cases for AI and train them on using the tech to optimize its capabilities.  The $282 million Varo…

Read more Varo launches AI academy for training, identifying use cases

90% of Varo lending decisions derived through cash flow underwriting

September 11, 2025September 11, 2025 · Banking

NEW YORK — Varo Bank is upgrading its underwriting systems to develop deeper customer relationships and grow.  The $486 million digital bank was one of the first fintechs…

Read more 90% of Varo lending decisions derived through cash flow underwriting
Transactions: FIs invest in credit decision platforms | Bank Automation News

Transactions: FIs invest in credit decision platforms | Bank Automation News

August 20, 2024August 20, 2024 · Banking

Gather Federal Credit Union has selected credit underwriting platform Zest AI to reduce fraudulent activity during the loan origination and decisioning process.  AI-driven Zest Protect can help financial…

Read more Transactions: FIs invest in credit decision platforms | Bank Automation News
Marqeta’s total processing volume up 32% YoY to B | Bank Automation News

Marqeta’s total processing volume up 32% YoY to $71B | Bank Automation News

August 8, 2024August 10, 2024 · Banking

Payments fintech Marqeta saw growth in its total processing volume during the second quarter as consumer demand for non-traditional banking and digital banking channels increased.  According to Marqeta’s…

Read more Marqeta’s total processing volume up 32% YoY to $71B | Bank Automation News
Promise and Peril: AI and Lending | Bank Automation News

Promise and Peril: AI and Lending | Bank Automation News

July 31, 2023July 31, 2023 · Banking

Artificial intelligence has revolutionized credit decisioning. What was once a slow, manual and subjective process is becoming highly automated, and the all-important act of approving or denying credit…

Read more Promise and Peril: AI and Lending | Bank Automation News
Movers and Shakers: Wells Fargo appoints co-head of M&A | Bank Automation News

Movers and Shakers: Wells Fargo appoints co-head of M&A | Bank Automation News

May 15, 2023May 15, 2023 · Banking

Wells Fargo on May 8 named Jeff Hogan as its co-head of global mergers and acquisitions within its banking division. Hogan joined the $1.9 trillion bank after leaving…

Read more Movers and Shakers: Wells Fargo appoints co-head of M&A | Bank Automation News
Backbase selects new SVP and general manager for North American mid-market segment | Bank Automation News

Backbase selects new SVP and general manager for North American mid-market segment | Bank Automation News

February 27, 2023February 27, 2023 · Banking

Engagement banking platform Backbase named Sam Boggs III senior vice president and general manager for the North American mid-market segment last week. Boggs will focus on delivering engaging…

Read more Backbase selects new SVP and general manager for North American mid-market segment | Bank Automation News
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