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National Bank in Colorado joins growing list of banks closing branches

American Banker

The company said its plan to shutter 12 locations reflects "increased client usage of online and mobile banking and a commitment to improve digital banking technology.".

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Top News In Payments: Wells Fargo Appoints COO; Visa Names New Partners To Help FinTechs

PYMNTS

UK Digital Bank Monzo Taps Visa Exec As US CEO. Monzo, London’s digital unicorn, has appointed TS Anil to lead U.S. Driver’s licenses are one of the most common methods for traditional identity verification, making them a natural fit for a digital upgrade. operations.

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London FinTech Glint Pay Launches Gold-Backed Debit Card

PYMNTS

office is in Boulder, Colorado. A company called Glint Pay has launched a debit card that’s backed by gold instead of currency, according to a report in The Denver Post. The company is London-based, and its U.S. The card was released in the U.S. on Monday (July 29). Glint Pay was started by entrepreneur Jason Cozens. “We

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How ‘Smart Bank Transfers’ Can Help Streamline B2B Payments

PYMNTS

He noted that AeroPay has partnered with Safe Harbor Private Banking , a division of its partner Colorado Credit Union , to provide a digital bank-to-bank payment option for larger cannabis firms. “Large B2B wholesalers, distributors, cultivators delivery platforms are all transacting in large amounts of cash.”.

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Reuter Discusses Threat of Central Bank Digital Currencies

ABA Community Banking

central bank digital currency, or CBDC, would be a “threat to core funding to the banking industry,” Jim Reuter, ABA board member and president and CEO of FirstBank in Lakewood, Colorado, said on a new episode of IntraFi Network’s Banking with Interest Podcast.

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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. The industry is looking for basic banking services,” she said. “If They don’t want to spend half their day moving money around and worrying about their employees getting paid in cash.”.

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BBVA, Prosper Partner To Offer Easier Home Equity Loans

PYMNTS

BBVA USA, which has a large presence in Alabama, Texas, Arizona, New Mexico and Colorado, has worked with Prosper to provide its institutional knowledge of HELOC applications while the new initiative was being developed. “We The rates will be competitive, and BBVA offers bank-paid closing costs.

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