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Protego Trust Bank N A Gets Conditional Approval for OCC Charter

Press release content from Business Wire. The AP news staff was not involved in its creation. Protego Trust Bank N.A. Gets Conditional Approval for OCC Charter February 5, 2021 GMT SEATTLE (BUSINESS WIRE) Feb 5, 2021 Protego Trust Bank N.A. ( protegotrust.com ), a new kind of bank designed and built specifically for institutional clients seeking opportunities within the world of digital assets, announced today that it has received conditional approval from the Office of the Comptroller of the Currency. The new federal charter will allow Protego to convert from a Washington State chartered trust company into a nationally chartered trust bank and will enable Protego clients nationwide to hold, trade, lend and issue digital assets.

Exposure Notification: Saving Lives through Partnership and Trust

min read When the pandemic struck, a university s central IT organization helped develop a statewide exposure notification app, working in partnership with distributed IT, the state public health agency, and technology companies. Credit: Magic Panda / Shutterstock.com © 2020 It all began so simply. A researcher at the University of Alabama at Birmingham (UAB) came to Chris Brown (vice president of research) and to me, Curt Carver (vice president/CIO) with the idea of developing a symptom tracker as a foundational tool for universities and organizations to proactively attack the pandemic. We were skeptical. This was in early March, well before the full impact of the pandemic was apparent. Fortunately, the researcher convinced us and other senior leaders at UAB. Those of us in the central IT organization did what we often do we negotiated contracts, spun up servers quickly at no cost to the distributed IT unit that developed the software, and helped a small technology team worki

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