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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Petersburg, Florida-based CUSO said its Enhanced Fraud Services initiative has already helped 10 credit unions combat fraud, including chargebacks stemming from instances of members’ payment card details being stolen and sold on the dark web. It also offers participating CUs customized consulting services.

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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

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Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News

PYMNTS

It’s never quite a slow week in the world of payments and commerce, and the newest edition of the PYMNTS Weekender is proof of that. The payment firm’s $500 million investment in Uber just before its initial public offering (IPO) dropped 34 percent. Upgrade Card Combines Credit Card Acceptance With Installment Payments Flexibility.

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Fintech Fundings: 22 Companies Raise $160 Million Week Ending March 11

Fintech Labs Insights

D3 Banking borrowed $4.5 million for its digital banking technology. D3 Banking. Mobile payments. Mobile ordering & payments. Payment platform for non-profits. International Payment Processing Network. Payment processor. million for its SMB alt-lending service. TradeShift.

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

ModoPayments scored $2 million for its digital payments platform. B2B payments platform. Prepaid card issuer. HQ: Houston, Texas. Digital bank. Digital payments plaform. Tags: Consumer, SMB, payments, merchants, funds transfer, FinDEVr alum. billion in the same period last year.

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