Here’s why you should avoid being underbanked and how to ensure that you aren’t.
Forbes contributors publish independent expert analyses and insights. I’m an Associate Professor of Finance at the University of Nicosia. An elderly homeless man walks slowly past a Barclays Bank cash ...
The COVID-19 pandemic has highlighted the plight of the unbanked and underbanked in America. For all of our progress as a nation over the past decade, more than a quarter of US households lack access ...
In a surprising turn of events, blockchain-based financial services provider, Unbanked, today announced its decision to wind down operations. The company, established in 2018 with the ambition to ...
To keep our money safe, most of us have, at minimum, a checking and a savings account. But many Americans have no sort of bank account at all. Outside of struggling with fees or lack of credit history ...
American households without bank accounts could be spending $230 million a year for just three financial services they use outside the banking system. But not all “unbanked” households are ready to ...
Alpha Modus Holdings, Inc. (NASDAQ: AMOD) announced today that Alpha Modus Financial Services, LLC has received a non-objection response to operate as an authorized delegate of Barri Money Services, ...
WASHINGTON — Even though the rate of U.S. households without a bank account continues to decline, over 14 million people in the county still lack a banking relationship, the Federal Deposit Insurance ...
An assuring legend is printed on U.S. bills: “This note is legal tender for all debts, public and private.” I have always been glad to know that Uncle Sam is there for me. But for 14.1 million ...
According to a 2017 survey by the FDIC, 25 percent of U.S. households are unbanked or underbanked. More than half of unbanked households cited not having enough money to keep in an account, according ...