underbanked

'Let's play a drinking game': Comments of the week

10/10/19

Readers react to whether the next presidential debate will discuss banking, how California's financial policies are bleeding into other blue states, suggested reforms to the Community Reinvestment Act and more.

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One challenger bank's plan to bring immigrants into financial mainstream

10/10/19

Majority, which will launch nationwide later this quarter, will use networks of immigrants to sell a mobile phone-based account that features unlimited remittances and international calling services.

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It's not enough to fix the de novo application process

10/09/19

Even with the FDIC actively encouraging groups to start banks, challenges like raising capital and low interest rates make it tough.

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One community banker's plan to reach the underbanked

10/01/19

Julieann Thurlow says Reading Cooperative Bank in Massachusetts is well positioned to help immigrants and millennials. Technology is crucial to serving both groups, she says.

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JPMorgan donates $25M to get fintech in hands of underbanked

09/24/19

It is the bank’s second big gift to the nonprofit Financial Health Network in recent years, with this one earmarked for a financial solutions lab.

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The derailment of California's payroll advance law

09/19/19

A first-in-the-nation bill that drew unanimous support from the state Senate failed to get over the finish line this year. What happened?

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Banks in rural areas need to step up their mobile game

08/27/19

As branches in remote areas disappear, banks run the risk of losing business to fintechs.

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Why Apple card will succeed; Opening the Fed payments system

08/14/19

Offering 3% on purchases through its App Store, Apple hopes to make its competitors' phones a less-appealing option; a call for speeding up FedNow.

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6 banking questions for the next Democratic debate

08/11/19

From housing finance to Facebook’s crypto plans, moderators questioning the presidential candidates in Texas next month would have no shortage of financial policy topics from which to pick.

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Recession-proofing loan books, Trump DOJ goes easy on big banks, Fed's real-time payment: Top stories of the week

08/09/19

Anticipating recession, banks start scrubbing loan books; how Trump's political appointees thwarted tougher settlements with two big banks; the Fed's plans on its real-time payment service; and more from this week's most-read stories.

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