Tag: Underbanked

With all of the New Innovations – GPR Prepaid Debit Cards Continue to Prove they are still Essential for the Un and Underbanked!

How does the federal government send $3 trillion to individuals and businesses across the country? Not as efficiently as it could, said Erika Baumann at Aite Group, a fintech analytical firm. TCH — The Clearing House – owned by 25 of the largest banks operating in the U.S. — launched a real-time payments system late in 2017, named,…
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May 8, 2020 0

Amazon’s next challenge: Teens without cards, checking accounts

Amazon.com has millennial shoppers nailed down. And their parents. And most of their grandparents. But one group of potential customers has eluded the world’s biggest internet retailer. Teenagers, otherwise known as Generation Z, with their lack of debit and credit cards, their absence of bank accounts and their overwhelming preference for actually putting on clothes…
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March 29, 2018 0