Posts

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...

The Top 10 Unbanked and Underbanked Cities

Consumer Trends, goEBT News, The Banking Revolution March 29, 2017

While some people couldn’t imagine a life without a bank account and/or credit and debit cards, this is reality for many Americans.  Today, 7.7% of American households have no bank account at...

Top 5 Ways to Please the Unbanked and Underbanked C-Store Consumer

Consumer Trends, goEBT News, The Banking Revolution March 20, 2017

The unbanked and underbanked American consumers are always looking for the businesses that can help make their lives easier.  They also value the businesses that they can trust.  Because many...

Why the Unbanked Community Matters to Your Business

Building Your Business, Consumer Trends, goEBT News, The Banking Revolution March 17, 2017

Today, there are 25 million unbanked people and 40 million underbanked people in the United States with no or low credit scores.  The uniqueness of the unbanked and underbanked population is...