Who are the unbanked? The term unbanked refers to those who don't use or have access to a checking or savings account to manage their money. According to a FDIC survey, 4.2% of U.S. households ...
If you are unbanked, there are still several financial options available, though many come with higher costs and limitations.
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6 reasons to be unbanked or underbankedThey’re known as the unbanked, and the most recent numbers from the Federal Deposit Insurance Corp. (FDIC) show that 4.5 ...
About 4.2% of Americans were considered unbanked in 2023, according to survey data the FDIC released in November. In ...
In developing countries around the world, the case for crypto as a payment and investment tool has become significantly stronger ...
“We’re talking about people who are mostly unbanked. They don’t have a bank account or a card or anything, so this money was moving around in the economy without any trace, because it was ...
In developing markets such as Latin America, asset tokenization can lower barriers to entry into capital markets, especially for unbanked individuals. Benefits of tokenization. Source ...
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