Remove ATM Remove Cards Remove Fintech Remove Millennials
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Zero Launches Debit-Like Credit Card, Raises $20M

PYMNTS

Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. The company plans to market its card to credit-wary millennials who want to avoid getting into a deep debt cycle, but who also want the incentives of owning a credit card.

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Main Street?s Digital Shift, ATM Innovation, PPP Loans Top This Week?s News

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We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? Innovating The ATM Beyond Cash. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash . The Flaw In Demonizing Big Tech.

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TRENDING: Will Millennials Flock To Next-Day Cash Back Debit Rewards?

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Payment solution provider i2c recently announced a partnership with mobile banking FinTech Payfare to pay rideshare drivers using a prepaid Mastercard. Once payments are disbursed, cards can be used to make online and in-store purchases, withdraw funds from an ATM, transfer funds or pay bills. About the Tracker.

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Debit, ATMs And The New Age Of Bank Branches

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Debit cards, default cards, banks both bricks-and-mortar and digital. That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs?

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Survey: Quarter Of Americans Open To Banking With Big Tech

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consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking. This “better app” would also offer transaction confirmations and alerts, card location controls and the ability to track and redeem rewards. .

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Deep Dive: Digital-First Banking’s Challenges And Benefits

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Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications. Other digital-first banks are leaning heavily on ATMs to reduce their overall footprints.

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Last Roar Of The Paper Tiger?

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Statistical swarms of millennials and Gen Zers report never having used a paper check. Their perception of banking, aside from ATMs, is entirely app-based – and mobile. That’s the picture emerging as B2B payments hustle to catch up to consumers who ran off giddily with P2P and the FinTechs. Embarrass­­­ing, sure. The Big Gig.