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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 👁 14.9M
Raddagher
scp sh!tistrated.jpg
⏲ 7 minutes 42 seconds 👁 2K
susu_jpg
It's NOT Small
⏲ 16 seconds 👁 5.5M
The impulsive billionaire calmed investors with plans for cheaper EVs that he previously backburnered. Then he muddled the story by cutting its fast-growing EV charging service team as he prioritizes an autonomous ride business that doesn’t appear close to being ready.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alanohnsman/2024/05/01/dr-elon-and-mr-musk-teslas-chaotic-robotaxi-pivot/?sh=34dab32e490b<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.
Dr. Elon and Mr. Musk: Tesla's Chaotic Robotaxi Pivot
⏲ 5:5 👁 34.4M
Shabad Kirtan Gurbani - Divine Amrit Bani
Japji Sahib Full Live Path Bhai Manpreet Singh Ji Kanpuri | Nitnem | New Shabad Gurbani Kirtan Live
⏲ 19 minutes 16 seconds 👁 28M
Fabricio Rabachim
Surprised Baby Shark
⏲ 17 seconds 👁 400.3M
Hiring managers have long used the reputation of a new college graduate’s alma mater as an indicator of an applicant’s ability and expected job performance. Elite national consulting, banking and investment firms focused their recruiting on the Ivy League and a handful of the other most selective schools. Big companies looked more widely, but still often favored a limited number of highly ranked universities. Regional firms would tap graduates of schools with the best reputations in their geographic area.<br/><br/>0:00 Introduction<br/>0:23 What's Going On With The Ivy League?<br/>2:23 Where Are Recruiters Looking Now?<br/>5:51 How Did Forbes Report This Story?<br/>7:03 What Should Rising College Students Take From This Reporting?<br/>8:30 Other Take Aways<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/emmawhitford/2024/04/29/the-new-ivies-as-employers-sour-on-the-super-elite-these-20-colleges-shine/?sh=771084b8438f<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.
Employers Are Souring On Ivy League Grads While These 20 “New Ivies” Ascend
⏲ 10:5 👁 23.9M
NB Surprise
Realistic Assault Rifle Scar Guns and equipment
⏲ 2 minutes 40 seconds 👁 46.7M
Jake Fellman
Among Us in HD (Part 48) STOMP LOOP #Shorts
⏲ 6 seconds 👁 336.9M
Cross country moves, skyrocketing stocks and a new fast food billionaire shake up the ranks of the states’ richest. Find out who’s in and who’s out.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/forbeswealthteam/2024/05/02/the-richest-person-in-every-state-2024/?sh=1ef4f48e6514<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 Richest Billionaire In Every State 2024 | Forbes
⏲ 4:29 👁 16.4M
Sierra u0026 Rhia FAM
Funny prank - try not to laugh #shorts
⏲ 7 seconds 👁 45.6M
Jake Fellman
Among Us in HD (Part 47) TIMBER #Shorts
⏲ 15 seconds 👁 158.6M
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