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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.

How Chime Became America's Biggest Digital Bank

⏲ 5:16 👁 2.1M

A Million Card Tricks

I Learned How To Be A Street Magician (ft. JS Magic) | Ep. 3

⏲ 22 minutes 32 seconds 👁 947

A Million Card Tricks

You'll Never Guess How This SIMPLE Card Trick Works!! | Easy Card Trick Performance Tutorial

⏲ 7 minutes 19 seconds 👁 2.2K

In this video, we delve into the recent decision by the U.S. Federal Reserve to maintain interest rates and explore its implications for the economy. <br/><br/>Join us as we break down the significance of the Federal Reserve's move and how it can impact various aspects of the economy, from borrowing costs to investments. <br/><br/>If you're curious about the impact of this decision on your finances and the broader economic landscape, this video is a must-watch! <br/><br/>Don't forget to like and share this video to help others stay informed about the latest developments in the economy! #FederalReserve #InterestRates #EconomicImpact <br/><br/>OUTLINE: <br/><br/>00:00:00 The Federal Reserve's Decision<br/>00:00:48 Monetary Policy Divergence<br/>00:01:02 Impact on Stock Market and Economy<br/>00:01:21 Impact on Housing Market<br/>00:01:46 Conclusion

The Fed's Hold: A Deep Dive into Interest Rates

⏲ 2:10 👁 10K

A Million Card Tricks

This Easy Card Trick Will FOOL Anyone! Fairest Card Location - Performance Tutorial

⏲ 11 minutes 30 seconds 👁 3K

A Million Card Tricks

I Learned How To Be A Street Magician (ft. JS Magic) | Ep. 2

⏲ 22 minutes 👁 1.7K

Unleash Your Creativity! <br/><br/>Welcome, your one-stop destination for everything DIY and crafts, with a special focus on origami and paper crafting! Dive into a world of creativity and imagination as we guide you through easy-to-follow tutorials, step-by-step instructions, and creative ideas for all ages.<br/><br/>Discover the joy of crafting with paper as we explore a wide range of projects, from simple origami designs to intricate paper crafts and everything in between. Whether you're a beginner or an experienced crafter, our channel is your ultimate resource for learning new techniques and unleashing your creativity.<br/><br/>Join our community of fellow craft enthusiasts and explore endless possibilities with our collection of DIY projects and craft ideas. From fun activities for kids to stylish home decor, there's something here for everyone to enjoy.<br/><br/>But that's not all – we're here to make your crafting experience even more enjoyable with practical tips, clever hacks, and useful tricks to streamline your creative process. From organizing your craft supplies to finding inspiration for your next project, we've got you covered.<br/><br/> Ready to take your paper crafting skills to the next level? Join us on this creative journey and discover the endless possibilities of origami! Don't forget to like, subscribe, and share with your fellow craft enthusiasts. Let's embark on a journey of creativity together and make every day a little more colorful! <br/><br/><br/><br/>#shorts #short #shortsvideo #shortsfeed #shortsindia #shortsyoutube #shortsviral #trending#viral #shortsfun#shortscreative #youtube #origami#craft#crafts #diycrafts #diy #art #papercrafts #paperart #creative #craftidea #easydiy #crafttutorial #craftwithpaper #easyorigami #craftylife #creativeart

Get Inspired: DIY Ideas That Will Transform Your Space!

⏲ 0:23 👁 5K

A Million Card Tricks

No-Skill Required Easy Card Trick! Match Cut - Performance Tutorial

⏲ 10 minutes 52 seconds 👁 3.8K

A Million Card Tricks

I Learned How To Be A Street Magician (ft. JS Magic) | Ep. 1

⏲ 26 minutes 8 seconds 👁 4.9K

Unleash Your Creativity! <br/><br/>Welcome, your one-stop destination for everything DIY and crafts, with a special focus on origami and paper crafting! Dive into a world of creativity and imagination as we guide you through easy-to-follow tutorials, step-by-step instructions, and creative ideas for all ages.<br/><br/>Discover the joy of crafting with paper as we explore a wide range of projects, from simple origami designs to intricate paper crafts and everything in between. Whether you're a beginner or an experienced crafter, our channel is your ultimate resource for learning new techniques and unleashing your creativity.<br/><br/>Join our community of fellow craft enthusiasts and explore endless possibilities with our collection of DIY projects and craft ideas. From fun activities for kids to stylish home decor, there's something here for everyone to enjoy.<br/><br/>But that's not all – we're here to make your crafting experience even more enjoyable with practical tips, clever hacks, and useful tricks to streamline your creative process. From organizing your craft supplies to finding inspiration for your next project, we've got you covered.<br/><br/> Ready to take your paper crafting skills to the next level? Join us on this creative journey and discover the endless possibilities of origami! Don't forget to like, subscribe, and share with your fellow craft enthusiasts. Let's embark on a journey of creativity together and make every day a little more colorful! <br/><br/><br/><br/>#shorts #short #shortsvideo #shortsfeed #shortsindia #shortsyoutube #shortsviral #trending#viral #shortsfun#shortscreative #youtube #origami#craft#crafts #diycrafts #diy #art #papercrafts #paperart #creative #craftidea #easydiy #crafttutorial #craftwithpaper #easyorigami #craftylife #creativeart

DIY Enthusiast?Can You Handle It?

⏲ 0:34 ✓ 07-May-2024

A Million Card Tricks

Card At ANY Number - Impossible Card Trick Performance Tutorial

⏲ 12 minutes 56 seconds 👁 15.4K

A Million Card Tricks

The Magical Spread! VISUAL Card Trick Performance Tutorial

⏲ 13 minutes 22 seconds 👁 6.7K

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