Start-ups and other financial companies can quickly create FDIC-insured bank accounts, move money online and do payment processing using BancBox.

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We wanted to use that entry point of online payment processing to democratize the industry, and create this link between great technology and live experiences.

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In the United States the situation with real-money online gambling is more complicated - the law currently forbids banks and others offering payment processing services to betting services targeted at US citizens.

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