Despite a strong economy, just 29% of Americans are financially ‘healthy,’ according to a new report
The economy may be booming, but a large percentage of Americans report feeling insecure in their own financial lives, according to a new report from the Financial Health Network. The U.S. Financial Health Pulse 2019 Trends Report asked Americans about four buckets of financial health — saving, spending, borrowing and planning — and compared responses from […]
LA Times: For a day, I was one of the millions of Americans without a bank account. It was humbling
This article written by Los Angeles Times banking and finance reporter James Rufus Koren describes his experience during FinX at EMERGE. Koren recounts what he and other finance professionals learned as they spent a morning in Hollywood experiencing first hand the daily challenges facing the un- and underbanked. Read the article
American Banker: Don’t Blame Prepaid for the RushCard Glitches
Millions of Americans rely on prepaid debit cards for daily financial management. In light of the recent RushCard glitches and problems created for customers, Jennifer Tescher and John Thompson encourage readers to not blame the prepaid industry. It is an industry that has made significant strides to help consumers manage their financial lives. Instead, let’s […]