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_namdevco-cash-in-bank-is-368m.webp "The National Agricultural Marketing and Development Corporation (NAMDEVCO) has had to use a significant amount of its cash in the bank because of what is states is lower than usual government subventions.<br/><br/><br/>Nonetheless, there may be a light at the end of the tunnel this year, if the 2024 allocation comes to fruition.<br/><br/><br/>Alicia Boucher has more in this report.")
_how-chime-became-america39s-biggest-digital-bank.webp "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.")
_moment-buffalo-is-hunted-and-killed-by-huge-lion-pack.webp "Tourists on a safari in Kenya were stunned to witness a pack of lions hunt and kill a buffalo.<br/><br/>The extraordinary event, which locals said is rarely caught on camera, happened on April 29 in the Maasai Mara nature reserve, southwestern Kenya. <br/><br/>Marty Keane, 48, managed to film the scene and said: \")
_bread-throwing-festival-a-39silly39-tradition-at-wath-festival.webp "From Morris dancing to the annual bread throwing tradition, hundreds turn out for Wath Festival this Early Bank Holiday Weekend. <br/><br/>Video by James Hardisty and Sophie Mei Lan Malin.")
_watch-hundreds-of-colourful-scooters-enjoy-a-ride-around-tenby-for-the-welsh-national-scooter-rally.webp "The popular Welsh National Scooter Rally has reached Tenby for the May Bank holiday weekend.<br/>Hundreds of scooter enthusiasts arrived at the seaside town once again on Friday evening to somewhat wet weather, but that didn’t dampen the spirits of those taking part in the event organised by the Scooter Collective South Wales, with sunny weather greeting all by Saturday morning.<br/>The highlight once again was a ‘ride-out’ around the locality on Saturday afternoon, starting from the home of Tenby United RFC on Heywood Lane.<br/><br/>Pics: ©Gareth Davies Photography<br/>Pics: ©Elizabeth Fitzpatrick<br/><br/>")
WATCH: Hundreds of colourful scooters enjoy a ride around Tenby for the Welsh National Scooter rally
⏲ 3:10 👁 2.7M
_weekend-weather-0292-0592-2024-bank-holiday-forecast.webp "This is the Met Office UK Weather forecast for the weekend 02/05/2024. It’s a bank holiday weekend so of course the weather is a bit mixed. Bringing you this weekend’s weather forecast is Alex Deakin.")
_hundreds-flock-to-clarkson39s-farm-after-new-series-release.webp "Hundreds of people flocked to Diddly Squat Farm following the new series of the hugely popular Clarkson's Farm.<br/><br/>Huge crowds swarmed the farm which rose to fame in the Amazon Prime Video show after Jeremy Clarkson, 64, bought 1,000 acres of land in Oxfordshire.<br/><br/>As the third series premiered last night, queues were seen on Saturday wrapping around the shop and along the car park in the Bank Holiday sunshine.<br/><br/>One staff member said it is the busiest they’ve been since last summer.<br/><br/>The car park was declared full by 1pm with many vehicles being turned away.<br/><br/>Avid watchers of the show descended on the former Top Gear star's newest venture from the United States, Wales and Germany to celebrate the new release.<br/><br/>Anna, Sarah and Remi, originally from Minnesota, have travelled to Clarkson’s Diddly Squat Farm today for Remi’s birthday.<br/><br/>One of the girls joked: \")
_robert-ryan-ceo-imb-bank-2024-community-foundation-launch.webp "WATCH | Robert Ryan CEO IMB Bank 2024 Community Foundation Launch urges community non-profits to apply for funding.")
_what-is-the-history-of-may-day-and-why-was-it-celebrated.webp "We asked people on the streets of Yorkshire.<br/>")
_being-set-up-to-have-an-unexpected-onenight-stand-with-ceothis-time-she-comes-back-just-for-revenge.webp "Being set up to have an unexpected onenight stand with CEOThis time she comes back just for revenge")
Being set up to have an unexpected onenight stand with CEO?This time she comes back just for revenge
⏲ 12:5 👁 580K
_a-widespread-chance-of-showers-on-bank-holiday-monday-some-of-these-will-be-heavy-and-thundery.webp "A widespread chance of showers on Bank Holiday Monday, some of these will be heavy and thundery.")
⏲ 0:13 👁 445K
_oswestry-town-crier-proclamation-for-the-first-anniversary-of-the-coronation-of-king-charles-ii-and-queen-camilla.webp "Oswestry Town Crier Phil Brown - Proclamation for the First Anniversary of the Coronation of King Charles II and Queen Camilla on Bank Holiday Monday.")
⏲ 1:57 👁 275K
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