underbanked

‘What’s needed is a wholesale change in the culture’

09/20/18

Bruce Cahan, a lecturer at Stanford University who teaches ethics, explains the link between ethical principles and profitability for financial services firms.

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JPMorgan invites cities to compete for $500M in development funds

09/12/18

The nation's largest bank said Wednesday it is seeking proposals on ways to address economic inequality in local neighborhoods across the country.

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Cheat sheet: 5 pressure points in CRA reform debate

08/30/18

The Office of the Comptroller of the Currency’s questions for the public to comment on the decades-old law could illuminate a path forward as regulators struggle to agree on an updated policy.

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Risks of credit-scoring bill are overstated

08/27/18

Legislation allowing regular bill payments to count toward credit history would solve more problems than some critics fear it would create.

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OCC to take preliminary step in CRA overhaul plan

08/24/18

The agency says it will act independently of other regulators to release a notice asking for public input on revamping the decades-old law.

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Motivate employees by challenging them to solve unbanked problem

08/13/18

Helping the underserved, especially abroad, can help banks retain top workers and boost profits.

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Bill to enhance poor credit scores will backfire, critics say

07/30/18

Allowing alternative data such as rent and utility payments has bipartisan support, but some say it could create more problems than it solves.

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12 books for bankers this summer

07/24/18

Whether you're lounging on the beach sipping mojitos, hiking the Smoky Mountains, or, like many of us, taking a breather from household chores on your staycation, you still need an escape from time to time.

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Debt-collection fix aimed at new target: Local government

07/05/18

Consumer advocates are urging local governments and courts to consider a person’s ability to pay before assessing fines and fees for such infractions as unpaid traffic tickets. Such changes could help low-income households avoid bankruptcy — and perhaps even make them more bankable.

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Are black millennials a blind spot for fintech firms?

06/25/18

Startups such as BREAUX Capital are trying to reach consumers historically underserved and underrepresented in financial services.

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