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New Remitly Service Provides Immigrants With Visa Debit Cards

PYMNTS

Seattle global remittance startup Remitly is rolling out a new banking product created especially for immigrants, the company announced Monday (Feb. North America’s biggest independent digital remittance company is introducing Passbook for immigrants, to help them bypass the typical barriers of opening a bank account.

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Remitly Taps Immigrant Market With New Passbook Banking Service

PYMNTS

Seattle global remittance startup Remitly is rolling out a new banking product created especially for immigrants, the company announced Monday (Feb. North America’s biggest independent digital remittance company is introducing Passbook for immigrants, to help them bypass the typical barriers of opening a bank account.

Marketing 137
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HSBC’s Banking Robot Debuts In Miami

PYMNTS

Pepper has continued to be rolled out and is now available in Beverly Hills and Seattle. HSBC said the branches have seen a significant increase in activity, ATM transaction volumes, and new credit card applications as a result. It has also seen an increase in new business with more 25,000 total customer interactions with Pepper.

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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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7 ways community banks can boost profitability

Independent Banker

of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. Quick stat.

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Fintech Debuts: Watch Treasure and Arrived Homes Pitch at Techstars Atlanta (Oct 2020)

Fintech Labs Insights

There were two fintech companies pitching, Toronto’s Treasure and Seattle-based Arrived Homes both tackling big problems with the always exciting direct-to-consumer model. Description: Digital bank for kids (with debit card). HQ: Seattle, WA. Check out their 3-minute pitches below. HQ: Toronto, Canada.

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Data Dive: Good News, Bad News And Mixed News

PYMNTS

“Our clients are increasingly asking for mobile services that make their lives easier, and Erica is becoming a growing choice for its convenience and personal solutions,” said Michelle Moore, head of digital banking at Bank of America. “As

Data 101