underbanked

Business
People who once had free accounts may now have to pay $12 a month.
Business
Postal banking is an idea whose time has come (back.) We the People should be able to use our post offices for basic banking
Politics
Our Expanding Rent-to-Own Protections Act would ensure that rent-to-own customers receive the same level of protections that other consumers enjoy.
Black Voices
It's time to make sure that African-Americans get more for their money--and that starts by getting out of cash and into cards and electronic payments.
Miami
Commissioner Barbara Jordan echoed his point with even more vivid examples. "We have to take small steps to help members
Impact
Banks quickly became the fastest-growing and most important source of lending to CDFIs that, in turn, pooled that money with
Impact
In today's America, bankers are often seen as uncaring, and media portrayals reflect a view that banks put hardworking people on the streets. Our industry, which should be a key part of helping people achieve their economic and financial goals, has lost consumer trust.
Business
Angry customers' only recourse may be arbitration.
Business
This tax season, Walmart is luring shoppers into stores with cash -- their own cash.
Business
That Walmart is one of the few options available to poor customers looking for a cheap bank account is troubling, given the
Business
Given the potential for great returns, a flurry of entrepreneurial activity has generated services to cater to individuals who live and work outside the financial mainstream. While not all of this activity is positive, a few promising innovations stand poised to increase financial inclusion in the U.S. and abroad.
Money
While it may seem that this initiative is altruistic in nature, there is little doubt that the unbanked and underbanked represent a large and potentially lucrative market.
Business
The film is part of a larger effort by American Express to not only shed light on the problems with the current financial system but to also promote change - including the development of new technologies and products that inexpensively meet the financial needs of everyone.
Business
Investigative reporter Greg Palast is usually pretty good at peering behind the rhetoric and seeing what is really going on. But in tearing into Senator Elizabeth Warren's support of postal financial services, he has done a serious disservice to the underdogs.
Business
In a revealing exposé in the Sept. 18th East Bay Express, Peter Byrne provides evidence that C.B. Richard Ellis (CBRE), the
Business
It's important when participating in this conversation to understand who the underbanked are. And alarmingly, according to the 2011 FDIC National Survey of Unbanked and Underbanked Households, they are 1 in 5 households in the U.S. (20.1 percent).
Business
The pieces are coming together: products to better serve underserved consumers and partnerships with trusted businesses that
Business
Yet financial experts agree that a traditional FDIC-insured bank account is a primary building block for wealth and access
Business
Big retailers and other alternative financial services providers have rushed to fill the void for customers who can't -- or