adminWhat Is a Banking Desert?
What Is a Banking Desert? A banking desert is a census tract or neighborhood which has no bank branches in it or within 10 miles of its center. Economists at…
What Happens to Your Bank Account After Death?
Several things can happen to your bank account after you die. This depends on the type of account, how it was set up before you died, and whether you have…
SWIFT and Sanctions: How Banking System Impacts International Relations
The Society for Worldwide Interbank Financial Telecommunication, commonly known as SWIFT, is an organization that provides tools to facilitate secure, efficient communication among financial institutions around the world. Although SWIFT…
How Immigrants Can Access Financial Services
Access to banking helps individuals establish good financial habits and avoid the high fees commonly charged by non-bank financial institutions, such as third-party check-cashing stores and payday lenders. While opening…
What Is Zelle? How It Works and Example
Zelle is a peer-to-peer money transfer app that allows users to move funds from one bank account to another. It’s among a growing number of mobile payments apps that allow…
Overcoming Language Barriers in Banking
In the United States, language barriers can make it difficult for non-English speakers to access banking services, so paying bills and saving money can be more challenging. About one in…
Banking Rights for Immigrants
Banking as a newcomer to a country can be an incredibly overwhelming endeavor. Despite being a nation founded on immigrants, the United States can make things difficult for both documented…
Early Warning Services: What It Does and Company History
Early Warning Services LLC, a privately held financial technology (fintech) company owned by seven major banks, owns several companies including Zelle, a money transfer app. It also provides identity, authentication,…
Best Ways to Send Money as a Teen
Fintech innovations have made it easier to move money from one account to another. With payment transfer apps, you can pay friends, family members, or others from your mobile device…
How Banks Can Serve Customers with Language Barriers
Across the United States, language barriers can make it difficult for non-native English speakers to gain access to banking services, which can make things like paying bills and saving money…
