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On Tuesday, State Department Spokesperson Matthew Miller answered reporter questions during a press briefing.<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/><br/>Stay Connected<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

JUST IN: State Department Holds Press Briefing As Israel Begins Rafah Operation

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Top Tips To Protect Your Cat's Vision

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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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Emily Henry Didn’t Know How Readers Would feel About ‘Funny Story’ Male Lead: Book Questions Answered

Emily Henry Didn’t Know How Readers Would feel About ‘Funny Story’ Male Lead: Book Questions Answered

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Most of the time, Taylor Swift and Travis Kelce are booked and busy. Just take a look at Swift’s list of upcoming projects and the NFL’s schedule, and you’ll see just how true that point is. However, at the moment, the pop star is on a break from her Eras Tour, and after winning the Super Bowl, the Kansas City Chiefs tight end is enjoying the off-season. So, how is their relationship going now that they both have a “Blank Space” in their schedules? Well, a source gave an alleged answer to that question.<br/><br/>Reportedly, this power couple is thriving in their off time. Both are taking a much-deserved break from their work, and according to ET, they’ve been enjoying it together by taking a vacation to the Bahamas and spending a lot of time in Los Angeles.

How Taylor Swift And Travis Kelce Are Reportedly Doing Now That Eras Tour Is On Hiatus And Football Season Is Over

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PetsRadar brings you expert advice and buying guides to help make your pet's life a long and happy one!

Why Do Cats Randomly Bite Unprovoked?

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