-According to data from the Federal Reserve, only 70% of Hispanics and 60% of African Americans have a checking account and banking services, compared to 81% of the general average in American households and almost 90% of whites.
-The small Latino and African-American companies have preferred to go to intermediate digital entities or ‘fintech’ rather than to traditional banks to access public recovery programs against covid-19 (According to a study from New York University and the National Bureau of Economic Research)
-Financial inclusion is crucial to reducing inequality and creating opportunity.
HANOI, Vietnam--(BUSINESS WIRE)--Vietnam Airlines has signed a Memorandum of Understanding (MOU) with global technology corporation FPT to strengthen comprehensive strategic cooperation. The partnership aims...
Seasoned Fortune 500 Cybersecurity and Risk Executive Lane Sullivan Named New Chief Information Security and Strategy Officer
SAN JOSE, Calif.--(BUSINESS WIRE)--#AI--Concentric AI today announced it...
WOODBURY, N.Y.--(BUSINESS WIRE)--Clara Capital Servicing LLC, a leading provider of alternative financial solutions for small and medium-sized businesses (SMBs), today announced that it has...