FDIC Announces Tech Competition to Reach Unbanked
The FDIC announced a competition today for companies to explore new technologies for banks to meet the needs of unbanked ...
Tag: Unbanked
ABA, Trade Groups Release Report on Improving Financial Inclusion
The American Bankers Association, along with five financial services trade groups, released a white paper today outlining obstacles and solutions ...
Fed Survey: Even Amid Pandemic, Unbanked Share Dips
The share of unbanked American adults dipped to 5% in 2020, according to the Federal Reserve’s annual Report on the ...
The Real Story on Bank Branch Closures
Some branches are closing but that doesn’t mean reduced access to banking services, especially in lower-to-moderate-income neighborhoods.
White House Official: Direct Payments Raise Stakes for Unbanked
With more direct payments coming for many Americans in the wake of a new round of economic impact payments, the ...
CFE Fund: 60 Financial Institutions Now Offering Bank On-Certified Accounts
The Cities for Financial Empowerment Fund announced today that 60 financial institutions—including 46 banks—with more than 28,000 branches nationwide are ...
Podcast: Believing in What Banking Can Do
After a long career as a commercial banker in St. Louis, more than a decade ago Alex Fennoy joined Midwest ...
Podcast: ‘Folks Who Are Low-Wealth Also Need Wealth Advisers’
Homeownership, savings and holding down a job are three keys to financial well-being and moving out of generational poverty, so ...
Podcast: Behind the Scenes with a ‘Bank On’ Product
On the latest episode of the ABA Banking Journal Podcast, Old National Bank's Ben Joergens discusses his bank's experience launching ...
Profiles in Inclusion
The ABA Foundation’s 2020 George Bailey Distinguished Service Award co-winners put the spotlight on the industry’s financial inclusion efforts.
