underbanked

Topic TBD: Reaching The Great Unbanked Generation
Topic TBD: Reaching The Great Unbanked Generation
March 27, 2017  |  Retail

There is no shortage of attention paid to millennials. As the largest age cohort today at 83 million strong, they are hard to overlook. And...

READ MORE >
PaySwag Integrates Sionic Mobile’s ICE To Provide Mobile App For Underbanked
PaySwag Integrates Sionic Mobile’s ICE To Provide Mobile App For Underbanked
March 17, 2017  |  Mobile Applications

Sionic Mobile and Customer Engagement Technologies (CET) are partnering up to provide a mobile payment app for the underbanked, according to Finextra. CET’s mobile app,...

READ MORE >
PYMNTS Daily Data Dive: Higher Bank Fees For Underserved
PYMNTS Daily Data Dive: Higher Bank Fees For Underserved
November 22, 2016  |  Daily Data Dive

The sixth annual Financially Underserved Market Size report found that 67 million adults in the U.S. who bank are part of the underserved market. They don’t...

READ MORE >
For Underbanked, Higher Fees And Auto Payments
For Underbanked, Higher Fees And Auto Payments
November 21, 2016  |  Consumer Finance

There are 67 million adults in the United States who are part of the “underserved” market, and those individuals, who do not have bank accounts,...

READ MORE >
FDIC Says Number Of Unbanked Dropped Last Year
FDIC Says Number Of Unbanked Dropped Last Year
October 21, 2016  |  Financial Inclusion

U.S. households that include not one person with a checking or savings account, otherwise known as the unbanked, declined to a record low of 7...

READ MORE >
US Government Sees The Benefits Of Blockchain
US Government Sees The Benefits Of Blockchain
September 14, 2016  |  Blockchain / Distributed Ledger

The U.S. government is showing support for digital currencies and seeing potential advantages to its use. A nonbinding resolution passed on Monday that touts blockchain’s...

READ MORE >
CFPB, DOJ Crack Down On Bank For ‘Redlining’ Consumers
CFPB, DOJ Crack Down On Bank For ‘Redlining’ Consumers
July 01, 2016  |  Payment Methods

In a joint effort announced by the Consumer Financial Protection Bureau and the U.S. Department of Justice, redlining is getting more scrutiny and the two agencies brought...

READ MORE >
Microsoft, Lawmakers Boost Marijuana SMEs’ FinServ Fight
Microsoft, Lawmakers Boost Marijuana SMEs’ FinServ Fight
June 20, 2016  |  B2B Payments

While some marijuana businesses may be operating legally under state law, the federal law that still considers them illegal means banks often refuse to provide...

READ MORE >