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Research indicates that underbanked communities feel the sector will change significantly in the next few years
Branches offering Bank On certified accounts have risen significantly as the US seeks to address its “unbanked” population
Almost half of all US bank branches offer a Bank On-certified account
Recommendations include Bank On-certified accounts, greater flexibility around identification and financial education
‘Perpetuation of inequality is a deepening problem, while pace of technology is increasing’ says Acting Comptroller
First-of-its-kind competition challenges organisations to identify resources and tools for unbanked people across the US
The initiative has proven successful in addressing the needs of the US’s unbanked population
New report finds unbanked and underbanked challenges require a multifaceted approach
They are heavily reliant on cashing paychecks and thus paying by cash
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Webinar:

Navigating Fraud in the World of Instant Payments:
Strategies for Success

Time/Date: February 28, 2:00-3:00 ET

As payment technology advances, so does the need for effective fraud prevention strategies.

Join experts Mike Cook, VP of Commercialization, Fraud Solutions at Socure, and Mark Majeske, SVP of Faster Payments at Alacriti, in this Banking Exchange hosted webinar on February 28, 2:00-3:00 ET, as they discuss the current and future state of fraud in the instant payments landscape, and share strategies for protecting your business in the face of evolving fraud trends.

Key topics to be covered include:

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