Credit unions and banks need to ask themselves if they're finding ways to say "yes" to consumers who too often hear "no" from mainstream institutions. Otherwise, they perpetuate a system that excludes the poor and people of color and drive them toward nonbanks, said Pablo DeFilippi of Inclusiv Network and other experts.
Finally, there’s the Senate Bill 1157, which California passed in 2020. The new law means property management companies and landlords getting public housing assistance have to offer rent reporting to their tenants.
Sendi Young, the blockchain company's European managing director, discussed how a partnership with fintech Modulr supports its ongoing efforts to streamline money movement in a world where many payment rails predate the modern internet.