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Lumin Digital To Provide LAFCU With Digital Banking Solution

PYMNTS

Lumin Digital announced today (Nov. 17) that it will provide Los Angeles Federal Credit Union (LAFCU) with its cloud-based online and mobile digital banking platform, according to a press release emailed to PYMNTS. We are pleased they chose us as that partner.”.

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In Brazil, Banking Customers Turn To Debit, Digital Banking

PYMNTS

These shifts have made digital banking and debit transactions more important than ever. Many United States residents are starting to receive federal relief via direct deposits or checks in the mail, but Los Angeles, California, is turning to prepaid debit cards to offer its own pandemic-related financial assistance.

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The Newest Neobank is for the 62+ Crowd

Gonzobanker

The launch of Charlie points to an underserved niche in banking: older adults. In mid-May, a digital bank account for the 62+ crowd debuted in the United States. Yes, Chime offers advancements on Social Security payments, but make no mistake: The popular neobank’s target audience is young adults. Well, it happened.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

In a zeitgeist moment of what is happening in payments market disruption, the Los Angeles’ Staples Center was renamed Crypto.com Arena. Digital Security.

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In UK, FinTech Alliance Launches

PYMNTS

digital bank, has set up shop in the U.S. The firm said it will be holding sign-up events for consumers in cities that include Los Angeles, New York and San Francisco. Property Management (And Payments), APIs Included. In an example of U.K. efforts making tracks on a more global scale, Monzo , the U.K. to the U.S.,

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. million to its digital banking platform. Startup digital bank. Financial supply chain management. HQ: Los Angeles, California. Derivative risk management.

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Fintech Fundings: 20 Companies Raise $300 Million Week Ending July 17

Fintech Labs Insights

HQ: Los Angeles, California. Mobile banking platform. Money management solution for the classroom. Digital payments solutions. Tags: Payments, prepaid cards, digital banking, mobile, global payments. Merchant-issuer collaboration software. HQ: Toronto, Ontario, Canada. Latest round: $45 million.

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