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Banking with Interest

News:Business News

The Community Bank Living on the Tech Edge

2022-04-26

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Steven Schnall, founder and CEO of $900 million-asset Quontic Bank in New York, talks about why the bank is one of the few to fully embrace cryptocurrency, offering a checking account that grants rewards in bitcoin. He also talks about its newly deployed banking wearable device, plans for the metaverse, and why this CDFI wants to continue to push the banking envelope.