Updates
Updates
The Next Stage of Financial Inclusion
Finance can be a glue that holds all the pieces of our life together. It enables money to be in the right place at the right time for the right situation. To borrow and save is to move money from [...]
Not Just Money Counters
Known primarily as number crunchers and tax collectors, treasurers for state and local governments traditionally were limited to activities like processing payrolls, managing budgets, safeguarding pensions and being the target of accountant jokes. But in recent years, some of these [...]
Are Banks Too Expensive to Use?
It was a slow afternoon at Check Center, the check casher/payday lender in a storefront on a busy corner in downtown Berkeley, Calif., where I worked as a teller. My manager, Joe, and I were both dressed in red polo [...]
What Difference Does a Bank Account Make? You’d Be Surprised
People who do not have access to the mainstream financial system are subject to a variety of fees for services that the rest of us either get for free or at negligible prices. According to Jonathan Mintz, founding President and [...]
How Tech Can Foster Financial Capability for the Underbanked
In 2014, the financial services industry is looking to technology as a vital link between financial capability and under-resourced communities. Investments in these technologies are imperative to alleviate economic disparity and create better, safer options for the underbanked. Bridging the [...]
Slow Recovery Among Young Bringing Urgency to Financial Literacy
The slow recovery by young adults from the recession is bringing urgency to financial literacy efforts, Treasury Department Deputy Secretary Sarah Bloom Raskin said Thursday. Raskin pointed out the unemployment rate for 16- to 24-year-olds is double the national average. [...]
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