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The average bank has a variety of different departments that all work together to provide services to individual customers and businesses alike. Like any other business, banks must keep track of their revenue, have access to accurate data and achieve regulatory compliance. Having a trusted financial service provider is important as it is a safe place to hold and withdraw earned income. To most people, the process of opening a bank account can be intimidating and tiresome. Simple, a bank built from the ground up with the idea of modernizing banking, is now open and running.
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