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Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

US consumers aged 18+ make an average of 70 payments per month, with debit cards accounting for 32% of those purchases, according to a 2017 study by the Boston Fed. These companies have been able to generate these signups through three channels: card design, rewards, and application UX. ux to help target existing clients.

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