Newsroom

Underbanked

My competition is with cash: Ajay Banga

Ajay Banga is president and chief executive of Mastercard and a member of its board. He is a member of the US-India CEO Forum and co-chairs the board of the American India Foundation. In India since 1984, the company is… Read More

Latino and Black Millennials ‘Financially Fragile,’ Report Says

Millennials are “financially fragile,” with Latinx and black populations faring worse than their white counterparts, according to a new report. Young Invincibles, an advocacy group committed to expanding economic opportunities for millennials (ages 18 to 34 as of 2015), published… Read More

Opinion: The Church Must Educate On Finances

The Reverend David L. Chapman is the interim executive minister of the Baptist General Convention of Virginia and a member of the Master Your Card African-American Advisory Board. For generations, the Black church has unified, inspired and empowered African-Americans. And… Read More

African Americans and Banks: It’s Complicated

Unbanked. It’s how financial institutions refer to consumers who have no checking or savings account. Those who have an account and interact with payday lenders and other alternative financial services are called “underbanked.” There’s lots of research connecting unbanked and… Read More