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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

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Registering your go card

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What did you think of Raw? Let us know in the comments!<br/>Monday Night War Playlisthttps://www.youtube.com/playlist?list=PLLvCO_flsEnJSLgMcY4YD8ALhTh1CY4fv<br/>More wrestling news on https://wrestletalk.com/<br/>Unlock the secrets to working in professional wrestling, sign up to https://www.wrestlingmasterclass.com/<br/>0:00 - Intro<br/>0:06 - Significant WWE Talent Departure, AEW Interested?<br/>2:08 - King & Queen of the Ring Plans Change<br/>4:46 - WWE RAW Review<br/>Significant WWE Departure, Amazing WWE Raw, Major WWE Plans Change | WrestleTalk<br/>#WWE #Raw #WrestleTalk<br/><br/>Subscribe to WrestleTalk Podcasts https://bit.ly/3pEAEIu<br/>Subscribe to partsFUNknown for lists, fantasy booking & morehttps://bit.ly/32JJsCv<br/>Subscribe to NoRollsBarredhttps://www.youtube.com/channel/UC5UQPZe-8v4_UP1uxi4Mv6A<br/>Subscribe to WrestleTalkhttps://bit.ly/3gKdNK3<br/>SUBSCRIBE TO THEM ALL! Make sure to enable ALL push notifications!<br/><br/>Watch the latest wrestling news: https://shorturl.at/pAIV3<br/>Buy WrestleTalk Merch here! https://wrestleshop.com/ <br/><br/>Follow WrestleTalk:<br/>Twitter: https://twitter.com/_WrestleTalk<br/>Facebook: https://www.facebook.com/WrestleTalk.Official<br/>Patreon: https://goo.gl/2yuJpo<br/>WrestleTalk Podcast on iTunes: https://goo.gl/7advjX<br/>WrestleTalk Podcast on Spotify: https://spoti.fi/3uKx6HD<br/><br/>About WrestleTalk:<br/>Welcome to the official WrestleTalk YouTube channel! WrestleTalk covers the sport of professional wrestling - including WWE TV shows (both WWE Raw & WWE SmackDown LIVE), PPVs (such as Royal Rumble, WrestleMania & SummerSlam), AEW All Elite Wrestling, Impact Wrestling, ROH, New Japan, and more. Subscribe and enable ALL notifications for the latest wrestling WWE reviews and wrestling news.<br/><br/>Sources used for research:<br/>https://www.wrestlinginc.com/1576929/backstage-details-jerry-lawler-wwe-departure-chances-joining-jr-jim-ross-aew/ <br/>https://www.wrestlinginc.com/1576865/drew-mcintyre-pulled-king-of-the-ring-spoiler-report-reveals-replacement/ <br/>https://www.wrestlinginc.com/1576915/two-tournament-matches-pulled-wwe-raw-card-will-take-place-weekend-live-event/<br/>https://wrestletalk.com/news/wwe-star-pulled-queen-ring-tournament-asuka<br/>https://www.cagesideseats.com/2024/5/7/24150347/rumor-roundup-may-7-2024-jerry-lawler-wwe-changes-vince-tko-wrestlemania-locations-aew-injuries<br/><br/>Youtube Channel Comments Policy<br/>We appreciate the comments and opinions our viewers provide. Do note that all comments are subject to YouTube auto-moderation and manual moderation review. We encourage opinions and discussion, but harassment, hate speech, bullying and other abusive posts will not be tolerated. Decisions on comment removal are made by the Community Manager. Please email us at support@wrestletalk.com with any questions or concerns.

Significant WWE Departure, Amazing WWE Raw, Major WWE Plans Change | WrestleTalk

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We’re barely more than a month away from WrestleMania 40, and a lot of the matches are starting to come into focus. Only the four World Title contests have been officially announced at this point, but WWE is also being pretty obvious with some of the other puzzle pieces including Jimmy And Jey Uso, Awesome Truth and Judgment Day, AJ Styles and LA Knight and Logan Paul, Randy Orton and maybe KO. Gunther will also obviously get a prime spot on the card and will defend The Intercontinental Championship, though his opponent is less clear, and it’s been heavily rumored and hinted at on screen that we’re going to get Seth Rollins and Cody Rhodes vs The Rock and Roman Reigns in a tag match.<br/><br/>Altogether, it’s shaping up to be one of the most stacked and exciting cards in WrestleMania history, but it’s also presenting a really obvious numbers problem for WWE. If you only count the matches I referenced above, that’s 10 slots that are pretty close to locked in for ‘Mania. Last year, if you don’t count The Miz’s two unannounced comedy fights, there were 13 matches on the card. If you remove Vince McMahon’s unannounced match from WrestleMania 38, there were 15 matches that year. The year before that at WrestleMania 37, there were 14 matches. That range seems to be the sweet spot WWE likes, and given The Rock is involved this year and likely to get a significant amount of time, it’s hard to think Triple H and company are going to push for more than usual.

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Ivy Ives

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City of Santa Clara

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