The Opportunity and Risks of Open Banking: A Financial Inclusion Perspective
Open banking has been heralded as a game changer for the financial industry, creating new opportunities for innovation, competition, and personalized financial services. With the p
What the Fed’s Half-Point Cut Means for Low-Wealth Consumers
In a surprising move, the Federal Reserve recently announced a half-point rate cut, sparking debates among economists, financial analysts, and policymakers alike. While headlines o
CRA’s Merry-Go-Round
A contentious issue on the forefront of lending today is the revision to Community Reinvestment Act (CRA) rules, defining the responsibility of banks to provide credit to local com
2023 Holiday Wish List
More lenders who provide safe and affordable loans that improve the credit and/or debt position of low-wealth individuals. Lower-cost basic banking and savings accounts tailored fo
Managing Financial Expectations for the Holiday Season
Tis’ is the holiday season of gratitude and cheer! Alongside this holiday season, comes the giving of gifts to show our gratitude for those we love… And that can be [&helli
Higher Standards
As a capitalist society we have a seemingly endless array of products to choose from, such as clothes, food, and many other consumer products. With so many choices and providers [&
What Many Get Wrong with Financial Education
“I hear and I forget. I see and I remember. I do and I understand.”– Confucius No one would argue with the notion of hands-on experience solidifying knowledge obtained fr
Expand Financial Inclusion For All
Imagine immigrating to America to seek a better life for your family. You strive for a better economic opportunity that will afford living expenses, obtain adequate housing, and ac
Thinking about Guaranteed Income? Here is what you need to know.
As the lead product provider in the country’s first two county-and city-driven guaranteed income (GI) programs, we know that when you give people cash, they spend it on the t
Navigating the Promise and Pitfalls of Debt Consolidation? Read this Prosperity Now brief!
Debt and past-due bills negatively impact the financial lives of many low- and moderate-income Black/African Americans. Yet many community members feel hesitancy around debt consol
