"What is the economic reason this exists?" Marketers gonna market and sales reps gonna sales rep. The bank assumes its people are going out into the economy every day and fighting other banks for deposits. Institutionally, it thinks you're "moving" to it from somewhere else.
@patio11
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Get Paid Thousands for Asking This Question
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You can get paid several thousand dollars for asking this question.
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Banking Strategy for Startup Equity Liquidation Events
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A random thing that will probably help someone out eventually: Should you ever have the occasion to e.g. sell a company or have your startup equity become liquid, call your bank (or chat up a new bank) *in advance*, and ask "If I were to bring in new money, what's your offer?"
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FDIC Updates Concerning 2023 Economic Graph Data
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Oh look the FDIC updated the Most Surprising Graph Of 2023, and the update is not a good one.
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Financial institutions address verification practices scrutiny
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(Just commenting on “The actual reason we do this is because we want to pretend that financial institutions are uniformly Extremely Serious about checking that someone actually lives at the address they typed into account settings in their mobile app.”)
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States to Review Photo Identification Records and Technology Policy
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“Oh wow we have a photo still on file for you. Let me show you, you’ll get a kick out of it.” — learner’s permit from age 16 and then driver’s license shortly thereafter States are gonna see, I guess.
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Security Researcher Critiques Insecure Cloud Upload Design Choices
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While convenient the residual security researcher in me thinks “Come on guys, would it have killed you to make a no-login SSL secured page to upload these instead” but they are clearly optimizing for lowest common denominator mobile usage, which means “Eh, you can do email.”
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FedEx Streamlines In-Store Printing with Email-Based Pickup System
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Because I was not exactly planning this my trip to DMV beat Amazon’s delivery of printer ink, and so I got a quick stop at FedEx, which has an interesting and much better than I remember UX for in-store printing: “Just email us the file. We will email you a code back to pick up.”
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Government Service Inefficiency: DMV Appointment Availability Crisis
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Me: Today is going to be a productive day writing about… *appointment opens up at Chicago DMV for first time in 3 months* Me: … comparative experience in retail government services!
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ChatGPT Excels at Understanding Quirky Shorthand Language
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I’m frequently pleasantly surprised how well ChatGPT works as a “my quirky shorthand” whisperer.