CFPB Exploring Use of Alternative Data for Credit Scoring
The Consumer Financial Protection Bureau is seeking feedback on the benefits and risks of using alternative data sources -- such ...
Tag: Underbanked
For Many Americans, a Tax Refund Is a Useful Financial Planning Tool
Banks across the country are increasing access to tax support services and extending the benefits of EITC.
Study Finds Strong Linkage between Income, Banking Status
Income is a significant factor in determining whether or not consumers use traditional banking and payment services, according to a ...
ABA Supports Customer Data Collection Bill
ABA today wrote to Rep. Scott Tipton (R-Colo.) supporting a bipartisan bill that would allow banks -- with a customer’s ...
FDIC: Share of ‘Unbanked’ Continues Downward Trend
The share of the population that is unbanked continued falling in 2015, reaching 7 percent -- the lowest share yet ...
Kat Taylor: A Beneficial State of Mind
By Karen Kroll
Missing the Boat with the Underbanked
By Greg Rable
FDIC: Share of ‘Unbanked’ Fell in 2015
The share of the population that is unbanked fell to 7 percent in 2015, the lowest share ever recorded in ...
