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_how-chime-became-america39s-biggest-digital-bank.webp "For decades, it’s been a riddle in banking: how do you build a sustainable and profitable business serving low and middle-income consumers? Sixteen years ago, Chris Britt, then chief product officer at Green Dot, believed he’d discovered the answer—direct deposit of paychecks. <br/><br/>Green Dot was selling prepaid debit cards to cash-strapped Americans without traditional bank accounts, and Britt saw that customers who had their paychecks automatically deposited into their Green Dot accounts used the card to pay virtually all their expenses. With each debit card swipe, Green Dot pocketed part of the interchange fees–the 1% to 2% charge merchants pay to accept debit and credit cards.<br/><br/>“The people on direct deposit were clearly the whales of the business,” says Britt, 51, the cofounder and CEO of Chime, the nation’s largest digital-only bank with $1.5 billion in annualized revenue and seven million customers using its cards for $8 billion a month in transactions.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/jeffkauflin/2024/05/03/exclusive-the-inside-story-of-chime-americas-biggest-digital-bank/?sh=4f40891cfb0d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_the-things-i-saw-in-india.webp "Dulla Mulla")
_this-trend-indian-makeup-look-bollywood.webp "Siravariety")
_canada-arrests-3-indians-related-tonijjar39s-killing-indian-link-investigation-initiated124-oneindia.webp "Canadian Police announced the arrest of three Indian nationals suspected of involvement in the killing of Khalistani terrorist Hardeep Singh Nijjar. The attack, which sparked a diplomatic dispute between India and Canada, led to allegations of Indian involvement by Prime Minister Trudeau. The suspects, living in Alberta, face charges of first-degree Murder and conspiracy. <br/> <br/> <br/>#Canada #CanadaIndia #HardeepSinghNijjar #Nijjar #CanadaIndia #JustinTrudeau #PMModi #Khalistan #Canadanews #Worldnews #Oneindia #OneindiaNews <br/>~PR.320~ED.155~GR.122~HT.318~")
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_pakistan-will-beat-indian-economy-says-shehbaz-sharif-124-pak-public-reaction-on-india-124-sana-amjad.webp "Sana Amjad")
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_sana-khan-salman-khan-124-sexy-sana-khan-giving-everything-to-salman-khan.webp "SuperCineHitzz")
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_the-great-indian-kapil-show-s1-ep-6.webp "The Great Indian Kapil Show S01E06")
_shehnaz-gill-sana-124-shiv-di-kitaab-124-gurvinder-brar-124-latest-punjabi-song.webp "Mad 4 Music")
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_pakistani-shocked-on-pak-beautiful-girls-visited-india-review.webp "Kanairia Research")
_the-great-indian-kapil-show-s1-ep-6.webp "The Great Indian Kapil Show S1 EP 6")
_our-new-song.webp "The Anazala Family")
_39meri-jaan39-song-par-geeta-aur-terence-ka-fiery-romance-124-india39s-best-dancer-s3124-ibd-shorts.webp "SET India")
'Meri Jaan' Song Par Geeta Aur Terence Ka Fiery Romance! ❤️😍🔥 | India's Best Dancer S3| #IBD #shorts
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