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    PartsTech, a Boston-based car component startup, bags $35 million

    PartsTech, a Boston-based car component startup, bags $35 million

    Gradiant raises $225 million in Series D, enters the unicorn club

    Gradiant raises $225 million in Series D, enters the unicorn club

    Ohmium, a green hydrogen startup closes $250 million Series C

    Ohmium, a green hydrogen startup closes $250 million Series C

    Vedanta Biosciences, a clinical-stage company, secured $106.5 million

    Vedanta Biosciences, a clinical-stage company, secured $106.5 million

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      PartsTech, a Boston-based car component startup, bags $35 million

      PartsTech, a Boston-based car component startup, bags $35 million

      Gradiant raises $225 million in Series D, enters the unicorn club

      Gradiant raises $225 million in Series D, enters the unicorn club

      Ohmium, a green hydrogen startup closes $250 million Series C

      Ohmium, a green hydrogen startup closes $250 million Series C

      Vedanta Biosciences, a clinical-stage company, secured $106.5 million

      Vedanta Biosciences, a clinical-stage company, secured $106.5 million

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      Home Fintech

      BBVA USA to offer consumers a digital bank account through Google Pay

      When launched in 2021, the co-branded, FDIC-insured digital account will be offered via Google Pay and built on top of the bank's existing infrastructure.

      USTechTimes Editor by USTechTimes Editor
      August 4, 2020
      Google Pay

      Image source: Google Pay

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      BBVA USA is collaborating with Google to offer consumers a digital bank account through Google Pay. Spain-headquartered BBVA ranks among the top 25 largest U.S. commercial banks based on deposit market share, and operates 641 branches, including 330 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 44 in Florida, 37 in Colorado and 17 in New Mexico.

      When launched in 2021, the co-branded, FDIC-insured digital account will be offered via Google Pay and built on top of the bank’s existing infrastructure. Google will provide the front-end, intuitive user experiences and financial insights.

      “Google is excited to work with BBVA USA in enabling a digital experience that is equitable for all and meets the evolving needs of a new generation of customers,” said Felix Lin, vice president of Payments Ecosystems at Google. “We believe that we can use our technology expertise to benefit users, banks and the entire financial ecosystem.”

      BBVA’s open banking initiative, BBVA Open Platform, enables the bank and its partners to acquire and engage customers by embedding financial products that create consumer value propositions. BBVA Open Platform is a developer platform that provides a suite of banking and payments services in the U.S. backed by a global financial institution.

      “Collaborations with companies like Google represent the future of banking. Consumers end up the true winners when finance and big tech work together for their benefit,” shared BBVA USA President and CEO Javier Rodríguez Soler.

      Google has shared it’s plans to partner with several banks and credit unions including Stanford Federal Credit Union, Citi, BMO Harris, Bank Mobile, Coastal Community Bank, SEFCU, and First Independence Bank, other than BBVA USA.

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      Tags: BankBBVAFinanceFintechGooglePayments
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

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