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Podcast: Fintech Insider Podcast by 11:FS
Episode: 661. Insights: Can embedded finance bank the unbanked?
Description:
Our expert hosts, Ross Gallagher, is joined by some great guests to ask: "Will embedded finance bank the unbanked?"
While you may think ‘unbanked’ and ‘underbanked’ applies to emerging markets, estimates from the Federal Deposit Insurance Corporation (FDIC) suggest 5.4 percent of U.S. households were “unbanked” in 2019, meaning that no one in the household had a checking or savings account at a bank or credit union.
Today, we’ve put together a panel of experts to discuss: Why are so many people still unbanked? What does embedded finance do differently? What’s possible in the future?
T...