Sentences with phrase «unbanked individuals»

Section 7 further instructs the FDIC to consider several factors when conducting the surveys, including estimating the size and worth of the unbanked market in the United States and identifying the primary issues that prevent unbanked individuals from establishing conventional accounts.

A scammer can promise to send them Bitcoin after being paid via cash, gift card, or pre-paid credit card, but the average unbanked individual has no recourse available to them if the paid - for Bitcoin fails to materialize.

Not exact matches

L. 109 — 173) calls for the FDIC to conduct ongoing surveys, «on efforts by insured depository institutions to bring those individuals and families who have rarely, if ever, held a checking account, a savings account or other type of transaction or check cashing account at an insured depository institution [«unbanked»] into the conventional finance system.»

«We know that many of these individuals live from paycheck to paycheck and remain unbanked for reasons ranging from problem credit histories and debt burdens, to distrust of financial institutions, to the lack of financial education.»

Helping the Unbanked OmiseGO and Vitalik Buterin's donation comes after many individuals in the cryptocurrency space have found themselves members of the newfound «crypto - rich» community — often stereotyped as Lambo - buying millennials who've made fast fortunes

We speak to Christine To, VP of Business Operations at AirFox, about the blockchain - powered mobile data provider that's set to disrupt the industry and provide scores of unbanked and underserved individuals in emerging markets with access to mobile connectivity.

XinFin's protocol XDC01 powers Tradefinex.org platform which caters to small farmers, individuals or small businesses worldwide that remain unbanked due to lack of financial setup and remote locations.