...include low costs, no overdraft fees, robust transaction capabilities such as a debit or prepaid card, and online bill pay. Notable changes in the 2021-2022 Standards include disallowing activation and...
...to use the tool; and urges caution as the FDIC explores moving towards online survey responses, given some un/underbanked and low-income consumers’ reluctance to submit personal information via online platforms....
...include low costs, no overdraft fees, robust transaction capabilities such as a debit or prepaid card, and online bill pay. Notable changes in the 2019-2020 Standards include allowing paper statement...
...of and protect residents from COVID-19 related scams, and continue planning for broader consumer financial protection capabilities within the city, and selected a third cohort in 2021. The CFE Fund...
...CFE Fund released the 2021-2022 Bank On National Account Standards. In addition, the CFE Fund announced the new cohort of Consumer Financial Protection Initiative grantees, who will focus first on...
In this March 2021 press release, the CFE Fund, with support from seed funder Bloomberg Philanthropies, as well as Capital One, the Citi Foundation, The JPB Foundation, JPMorgan Chase &...
In this November 2021 press release, the CFE Fund announced its latest partnership with Bloomberg Philanthropies that will greatly expand local government-led financial stability efforts across the country over the...
...updates on the 2021 Bank On National Conference which took place in mid-November, with nearly 500 partners in attendance from across the country. This issue also features a guest column...
...found that 2021 saw the lowest national rate of unbanked people ever recorded, with over a third of those recently banked citing a government payment as the reason they opened...
...2024. The CFE Fund announced an online Bank On account validation and certification process; banks and credit unions across the country, at no cost, can submit for validation products they...