Credit Sesame enlists Green Dot for digital banking service
0
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Leveraging Green Dot's embedded finance platform, Arc, Credit Sesame will offer users access to FDIC-insured demand deposit accounts (DDAs) at launch. Following the recent release of Credit Sesame's newest AI-backed management platform, Sesame, additional new services – such as credit-building tools – will also become available to Sesame Cash users as part of this partnership.
"At Credit Sesame, our mission has always been to make financial wellness accessible to everyone by helping consumers grow both their credit and their cash," said David Bagatelle, Head of Global Operations and Banking, Credit Sesame. "This partnership with Green Dot allows us to scale Sesame Cash faster and deliver smarter, more accessible tools to help people transform their finances more quickly. With their banking infrastructure and like-minded dedication to financial inclusion, we're excited to deliver an even more powerful Sesame Cash experience that empowers people to take control of their money and their future."
Following the Arc integration, soon-to-come enhancements on the Sesame Cash roadmap include Sesame Credit Builder, which will allow users to build and improve their credit scores with everyday debit purchases – from coffee to subscriptions and more. Activity is reported to the major credit bureaus, helping users improve their credit scores with each payment.
"We are thrilled to partner with Credit Sesame to support, enhance and grow the Sesame Cash banking experience for their users," said Renata Caine, GM/SVP of Embedded Finance, Green Dot. "Our shared commitment to improving consumers' financial health through embedded financial services provides a strong foundation for this partnership, and we look forward to continued innovation with Credit Sesame for years to come."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
15 minutes ago
- Reuters
Oil markets seen bearish after Trump-Putin Alaska meeting
LONDON, Aug 16 (Reuters) - Oil markets are set for a muted price reaction when they open on Sunday after U.S. President Donald Trump's and Russian leader Vladimir Putin's meeting in Alaska, at which Trump said a fully-fledged peace deal was the aim for Ukraine rather than a ceasefire. Trump said he had agreed with Putin that negotiators should go straight to a peace settlement - not via a ceasefire, as Ukraine and European allies, until now with U.S. support, have been demanding. Trump said he would hold off imposing tariffs on countries such as China for buying Russian oil following his talks with Putin. He has previously threatened sanctions on Moscow and secondary sanctions on countries such as China and India that buy Russian oil if no moves are made to end the Ukraine war. "This will mean Russian oil will continue to flow undisturbed and this should be bearish for oil prices," said ICIS analyst Ajay Parmar. "It is worth noting that we think the impact of this will be minimal though and prices will likely see only a small dip in the very near term as a result of this news." The oil market will wait for developments from a meeting in Washington on Monday between Trump and Ukrainian President Volodymyr Zelenskiy. European leaders have also been invited to the meeting, a source familiar with the matter told Reuters. "Market participants will track comments from European leaders but for now Russian supply disruption risks will remain contained," said Giovanni Staunovo, analyst at UBS. Brent settled at $65.85 a barrel on Friday, and U.S. West Texas Intermediate at $62.80 - both down nearly $1 before the talks in Alaska. Traders are waiting for a deal, so until that emerges, crude prices are likely to be stuck in a narrow range, said Phil Flynn, a senior analyst with Price Futures Group. "What we do know is that the threat of immediate sanctions on Russia, or secondary sanctions on other countries is put on hold for now, which would be bearish," he said. After the imposition of Western sanctions, including a seaborne oil embargo and price caps on Russian oil, Russia has redirected flows to China and India.
Daily Mail
an hour ago
- Daily Mail
Which of the record-breaking big four can you bank on for the healthiest profits? Investing expert Joanne Hart reveals all
It was all supposed to be different. When feisty newcomers such as Metro, Revolut and Monzo burst on to the British banking scene, there were high hopes for change. These new kids on the block would upend the traditional order and give the 'big four' – Barclays, HSBC, Lloyds and NatWest – a run for their money. Some 15 years later, however, and the Big Four are still very big – and growing bigger. They hold more than 60 per cent of all bank deposits, enjoy a chunky share of the mortgage market and dominate business lending too. Having closed thousands of branches and slashed staff numbers, they are also making record profits and there could be more growth to come.
Daily Mail
3 hours ago
- Daily Mail
The 'King of American Coins' is found in 'grandpa's closet' after 70 years... and is set to fetch $5million
Where James A. Stack Sr. acquired it is a mystery that may never be solved - but for more than 70 years, one of the rarest coins in American history sat quietly in his family's collection. Stack, a prominent New York banker and one of the most discerning coin collectors of the 20th century, began building his collection in the late 1930s with a bold goal: to assemble the most complete and highest-quality cabinet of U.S. coins possible. He pored over landmark sales, forged relationships with top dealers, and handpicked pieces not just for rarity, but for their pristine condition and impeccable provenance. By the time of his death in 1951, Stack's holdings spanned everything from early American copper to spectacular gold issues, along with rarities in U.S. paper money, ancient coins, and world currency. His collection included some of the greatest trophies in American numismatics - an 1802 half dime, an 1894-S dime, an 1838-O half dollar, the 1815 half eagle, and the finest known 1870-S silver dollar. Even the notorious 1933 double eagle once sat in his albums before being surrendered to the Secret Service, leaving behind only his wry note: 'Secret Service has mine.' One of his most elusive prizes - an 1804 silver dollar known as the 'King of American Coins' - has remained hidden since the 1940s. Just 16 examples are known to exist, and this one is considered the finest of the so-called 'Class III' type in private hands. It will be seen publicly for the first time next week at the American Numismatic Association's World's Fair of Money in Oklahoma City before going under the hammer on December 9, where it's expected to fetch up to $5 million. John Kraljevich, numismatic historian with Stack's Bowers Galleries, which is handling the sale told Daily Mail: 'It certainly has the upshot of making some people who thought they knew everything about everything, or at least everything about this coin, second guess. 'There's always another collection sitting in grandpa's closet. That's why we do what we do - the joy of discovery and the hunt for hidden treasure.' Despite its date, no silver dollars were actually struck in 1804. 'None of the silver dollars made in 1804 were actually dated 1804,' Kraljevich explains. 'In 1834 they wanted diplomatic gifts for heads of state, so they made new dies and put 1804 on them.' Those first pieces went to rulers such as the King of Siam and the Sultan of Muscat - instantly making them rarities. Later, in the late 1860s and early 1870s, Mint employees struck a few more off the books for collectors. This newly surfaced piece is one of those so-called 'Class III' examples. 'It's high grade, it's beautiful, and it's the only one among all the Class Threes in private hands with that kind of caliber,' Kraljevich says. 'Among the Class Threes, this is far and away the best one any collector will have a chance to bid on,' he added. Stack's Bowers Galleries in New York will auction the newly discovered legendary rare coin on December 9 The 'King of American Coins' nickname dates back to 1941. 'That was marketing talk from another numismatic auctioneer… a Lithuanian immigrant named B. Max Mehl, sort of the PT Barnum of the coin industry,' Kraljevich says. 'He spent hundreds of thousands of Depression-era dollars on marketing, got everyone looking for rare coins in their change, and really helped coin collecting blossom.' Where Stack Sr. acquired the coin remains a mystery. 'We have no backstory,' says Kraljevich. 'The collector bought this between the late 1930s and 1951 in New York… where it was sourced before that is anybody's guess.' Kraljevich believes the coin's pristine state and fresh-to-market appeal could drive bidding sky-high. 'We're thinking probably four to five million… but anything could happen. People love new discoveries and stories of hidden treasure. You get two wealthy individuals who decide they just have to have it, and records will be set.' So why does the king still reign? 'Everybody loves a controversy,' Kraljevich says. Vendor Warren Mills is seen at a previous gathering of the American Numismatic Association's World Fair of Money 'You've got government officials behaving badly, early U.S. diplomacy, colorful collectors, and just enough conspiracy to keep people talking. 'None of these coins are what they seem - they all have a little bit of a secret side. 'Owning one automatically elevates a collection and the collector's place in history.' Only seven or eight examples of the 1804 dollar are in private hands today. The last one sold - the famed Sultan of Muscat specimen - fetched $7.68 million in 2021.
