According to the latest figures from the Federal Deposit Insurance Corp., almost 6 million U.S. households were “unbanked” as of 2023. That means that no one in the household has a checking or savings ...
Check-cashing services offer quick access to funds for individuals who do not have traditional bank accounts, typically through storefronts or retail locations. These services typically charge high ...
Most of you reading this column remember the days when you sat at your desk or stood at your work station on payday, and waited for someone, usually called the payroll clerk, to arrive with your ...
I’m at a conference on the underbanked this week, where it’s basically impossible to swing a cat without running into someone talking about mRDC, which stands for mobile remote deposit capture. Or, in ...