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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Houston-based First Service Credit Union has selected a third-party provider’s digital banking suite to enhance its members’ online access to financial services. The agreement will give the CU access to offerings such as an omnichannel digital banking platform with biometric login capabilities.

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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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Popular Bank Branch Receives BDD Program Designation By NYS Department of Financial Services

PopularBank

Popular Bank has a long-standing tradition of investing within its communities. The bank currently has participating BDD branches located at 310 East Houston Street in Manhattan and 645 East Tremont Avenue in the Bronx. Find out more about Popular Bank’s commitment to community service at PopularBank.com/About-us/.

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Why Migrant Workers Need Financial Service Offerings All Their Own

PYMNTS

Further complicating matters is the fact that 80 percent of migrants are paid in cash or with paper checks, and are hesitant to hand over their money to banks without an established trust relationship – particularly if they are trained early on that “hidden fees” will start eating up their funds. headquarters.

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Why Migrant Workers Need Their Own Financial Services

PYMNTS

Further complicating matters is the fact that 80 percent of migrants are paid in cash or with paper checks, and are hesitant to hand over their money to banks without an established trust relationship – particularly if they are trained early on that “hidden fees” will start eating up their funds. headquarters.

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

PYMNTS

Inside Synchrony Financials’ AML Playbook (Feedzai Digital Banking Tracker). Consumers have noticed the rising levels of fraud in digital banking, while fraudsters are relying on technologies such as machine learning (ML) and artificial intelligence (AI).

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

Fintech Labs Insights

HQ: Houston, Texas. Digital bank. Tags: Consumer, bank, mobile, challenger, neo-bank. Source: Crunchbase. UniRush (RushCard). Prepaid card issuer. Latest round: $15 million Debt. Total raised: Unknown. Source: FT Partners. Marvelstone Tech. Infrastructure for financial services companies. Latest round: $8.5

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