Underbanked

5 Questions Consumers Should Be Able To Answer About the FDIC
October 21, 2013

5 Questions Consumers Should Be Able To Answer About the FDIC

You read about the Federal Deposit Insurance Corporation back in high school history class, and you probably hear the acronym quickly rattled off at the end of TV commercials, or see the sign in the window of your bank. But what exactly does the FDIC do for everyday consumers like you and me? Let’s run […]

by Briana Fabbri
Personal Finance in School
October 9, 2013

5 Ways To Improve Personal Finance Education In Schools

As any parent or teacher knows, the sooner you introduce a young person to a concept – be it math, manners or foreign language – the more opportunities they have to grab hold and learn. The same is undoubtedly true in the realm of personal finance. According to a report from the Council for Economic […]

by Briana Fabbri
Unbanked In The USA
July 31, 2013

Infographic: Unbanked In The USA

In the past month we’ve talked extensively about what it means to be unbanked or underbanked in the United States. We’ve also covered a number of alternatives to traditional banks, including prepaid debit cards and mobile financial services. To cap off our unbanked and underbanked series, we’ve gathered all of that information together in an infographic.

by Briana Fabbri
Mobile Finance
June 28, 2013

Mobile Finance Services Offer Alternative for the Underbanked

Over a quarter of Americans are unbanked or underbanked. That means millions are foregoing the protection and convenience of traditional financial institutions, all while incurring additional fees in order to perform day-to-day transactions like depositing a paycheck or paying rent. How can this underserved population gain access to affordable financial services? Turns out, the solution […]

by Briana Fabbri
Retirement Fund
June 19, 2013

Retirement Savings on the Line for Unbanked Older Adults

Studies show that a substantial portion of Americans of all ages are living, earning and spending without bank accounts. But how does this trend play out specifically among older Americans? And how does the lack of traditional financial services affect their retirement savings? Let’s take a look at some of the statistics to find out. […]

by Briana Fabbri
Prepaid Debit Cards
June 17, 2013

A Guide to Prepaid Debit Card Fees

One of the major perks of a checking account is the convenience and protection of a debit card. But with an estimated 17 million Americans lacking access to a bank account of any kind, this is a convenience that not everyone can enjoy. Prepaid debit cards are one alternative, but like many financial services, they […]

by Briana Fabbri
Online Shopping without Bank Account
June 14, 2013

5 Ways to Make Online Purchases Without a Debit or Credit Card

Online shopping has grown increasingly popular in the past several years, and for good reason. Retailers often offer a larger selection online than in stores, not to mention the added convenience of home delivery. But until recently, that convenience has been largely out of reach for many of the unbanked or underbanked, who often lack […]

by Briana Fabbri

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