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Digital Bank Startup Branch Offers Mobile Payments

PYMNTS

Branch , the digital bank startup, is branching out. The Minneapolis-based company has partnered with Mastercard to offer consumers access to their funds through their Branch Mastercard debit cards by adding it to mobile wallets, including Apple Pay, from the Branch mobile app. . This trend could be here to stay.

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Kristen Larson joins Ballard Spahr’s Consumer Financial Services Group

CFPB Monitor

I am pleased to share with our blog readers that Kristen Larson, an attorney with almost two decades of in-house experience advising midsized and large national banks on financial services matters, has joined Ballard Spahr’s Consumer Financial Services Group. She is resident in the firm’s Minneapolis office.

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BofA Consumers Can Add Credit, Debit Cards To PayPal From Mobile Banking App

PYMNTS

It’s all about providing our customers the most convenient and secure payments experience possible,” said Mark Monaco, head of Enterprise Payments at Bank of America, in a press release announcing the integration. “As The financial institution said it already provides commercial and business banking in the state via Merrill Lynch.

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3M Anti-Counterfeit Campaign Targets Respirator Knockoffs

PYMNTS

The Minneapolis-based giant said on Monday (Oct. Multinational conglomerate 3M , a major healthcare equipment manufacturer during the coronavirus pandemic, has launched a global crackdown on counterfeit respirators and price-gouging related to a flood of knockoffs.

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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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Frictionless Payments And Top Mobile Banking Innovation

PYMNTS

But, in terms of branches, the bank seeks to grow its physical footprint in new markets such as Denver, Indianapolis, Minneapolis and Salt Lake City. The bank is also heading to cities in Ohio as well as Pittsburgh. In addition, the bank has rolled out smaller branches because of digital technology. JPMorgan Chase.

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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. Snoopwall landed a cool million for its security solutions. Digital bank. Security solutions for mobile apps and online services. HQ: Minneapolis, Minnesota. Tags: Consumer, SMB, security, privacy, cybersecurity, FinDEVr alum.

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