BankThink: We need to redefine what it means to be ‘unbanked’ or ‘underbanked’
The way we have traditionally managed access to banking services has become less and less useful in a world where neobank financial services are increasingly used by consumers of all kinds.
Taking the Pulse of Americans’ Financial Health
Bank Nerd Corner welcomes Taylor Nelms, Vice President of Research and Insights at the Financial Health Network.
Consumers’ financial vulnerability hits record high: Report
The share of American households considered "financially vulnerable" rose to 17%, the highest level since at least 2018, according to the nonprofit Financial Health Network.
More U.S. Households Are Struggling Financially, Analysis Finds
Inflation and a pullback in government assistance have resulted in more people having trouble paying their bills, a nonoprofit found in its annual report.
Cook County residents see slight gains in financial well-being — but inequities persist
Cook County residents are faring slightly better financially since 2022, but "entrenched" inequities along racial lines still mean minorities are not as financially stable as white families in the Chicago area, according to a new report.
Are U.S. Households Finally Catching A Break?
Having weathered a difficult five years, U.S households have modestly improved their financial situation in the short term; their long-term prognosis is murkier.
Short-Term Gains, But Little Lasting Progress on Financial Health, New Report Finds
A new report from the Financial Health Network has found the share of households who are “financially healthy” has not meaningfully increased since 2022.
Direct-to-Consumer EWA Still Poses “Debt Trap” Risk, New CRL Report Argues
After a long two weeks on the road, I’m finally back home in the Netherlands (if a bit jet lagged.) I’m 3/7ths of the way through my fall conference circuit, with Finovate, MX’s Money Experience Summit, and LoanPro’s Salt Flats Summit behind me.
Deep Dive: Building Financial Resiliency
Last month, I spoke at an event hosted by the Federal Reserve. The theme of the event was “Unleashing a Financially Inclusive Future”.