goEBT Blog and News

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The World of Mobile Banking

Consumer Trends, goEBT News, The Banking Revolution June 30, 2017

In this ever-changing world of technology, millions of people in the U.S. and worldwide enjoy the convenience of mobile banking on their smartphones. Mobile banking is offered by most financial...

Innovations Help the Unbanked Worldwide

Consumer Trends, The Banking Revolution June 15, 2017

The number of unbanked citizens worldwide hovers around 2.5 billion, according to recent stats. This means that there are millions and millions of people who have no access to banking institutions...

Some Banks Try to Cater to Unbanked, Underbanked Americans

Consumer Trends, goEBT News, The Banking Revolution June 07, 2017

Chances are, some of your faithful patrons fall into the category of unbanked consumers. This means they join approximately 7 percent of Americans who do not have a checking or savings account....

Why Millennials Choose to Be “Unbanked”

Consumer Trends, The Banking Revolution May 31, 2017

Millennials and their unconventional approach to traditional processes have had a big impact on the retail and banking industries. Their generation makes up about a third of all convenience store...

What You Should Know About Money Transfer Services

Consumer Trends, goEBT News, The Banking Revolution May 23, 2017

“Unbanked” and “Underbanked” consumers have a variety of options when it comes to wiring money to others or to pay bills quickly. Since unbanked consumers have no checking or savings account...

Costs Mount for “Unbanked” and “Underbanked” Consumers

Consumer Trends, The Banking Revolution May 17, 2017

The costs of being an “unbanked” and “underbanked” consumer are more expensive than many people realize. Although many unbanked and underbanked consumers have limited financial resources, the...

Top 7 Reasons Why People Are Unbanked or Underbanked

Consumer Trends, The Banking Revolution May 10, 2017

The Federal Deposit Insurance Corporation reported that about 7 percent of households in this country are considered “unbanked.” This means that they do not have a checking or savings account at a...

Six Ways to Keep Cash Customers Happy

Building Your Business, Consumer Trends, The Banking Revolution May 04, 2017

Even in this age of innovation and technology, many small-business owners still see an influx of “unbanked” customers in their stores. Unbanked customers don’t rely on debit or credit cards and...

Who Are America's Unbanked and Underbanked?

Building Your Business, Consumer Trends, Industry News, The Banking Revolution May 02, 2017

As a merchant, it’s beneficial to understand the financial background and spending habits of your customers. This information can help your business to be more profitable and help you better meet...