Latest News for: Latino banking

Edit

Where are the municipalists in the US and Canada?

Resilience 19 Jan 2022
Such discrimination also appeared in the form of “red lining”, a practice whereby banks refused loans to Black and Latino families in neighborhoods they sought to reserve as white and therefore affluent ... the urban centers as Black and Latino families moved in as factory labor.
Edit

Cuentas Signs Binding Letter of Intent to Purchase SDI Black 011 LLC and Mango Tel ...

Beijing News 10 Jan 2022
(NASDAQ.CUEN & CUENW) is a fintech e-banking and e-commerce service provider with proprietary technology that delivers digital financial services to the underbanked and un-banked Hispanic, Latino and immigrant population including mobile and online banking, prepaid debit, ACH and ...
Edit

As Chattanooga's demographics change, new local initiatives are helping neighbors learn about each other's cultures

Times Free Press 01 Jan 2022
Each month, the two organize a small festival in Red Bank's White Oak Park, featuring a different heritage – Asian, Latino or Middle Eastern, for example – and invite local artisans from each community to showcase their authentic food and wares.
Edit

Banks slowly reconsider overdraft fees

Lakota Country Times 30 Dec 2021
NEW YORK (AP) — The banking industry appears to have overdone it on overdraft fees ... Other banks have made it harder for customers to trigger an overdraft fee ... One of the top reasons given by Black and Latino Americans for choosing not to have a bank account, or being “unbanked,” is that they are trying to avoid bank fees.
Edit

With new mayor coming in, these Harrisburg officials are on their way out

Penn Live 29 Dec 2021
Papenfuse appointed White, Banks and Solivan within the past four months this year ... In an effort to diversify city administration, Banks said bringing in Elvis Solivan as the city’s first Latino Business Development Director helped “ensure that every facet of our community is well represented in leadership.”.
Edit

A deal for Colin Kaepernick's SPAC unraveled because the former NFL star wouldn't do TV ...

Business Insider 28 Dec 2021
Colin Kaepernick. Slaven Vlasic/Getty Images A deal for Colin Kaepernick's SPAC to buy a financial services firm fell apart last week, The Wall Street Journal reported ... The Change Company was founded in 2017 to expand access to lending and banking to Black and Latino borrowers and to people living in low-income communities ... ....
Edit

Uzo Aduba: A Force of Nature Touches Down on Broadway in ‘Clyde’s’

New York Observer 22 Dec 2021
Uzo Aduba and Ron Cephas Jones in ‘Clyde’s’ Joan Marcus ... Wikipedia puts that tower at five foot seven—one inch more than IMDB ... Among the petty crooks who cook are Letitia/”Tish” (Kara Young), a Black single mom who stole “seizure medication” for her daughter, and Rafael (Reza Salazar), a Latino who tried a bank holdup with a BB gun.
Edit

New study finds racial and ethnic disparities in lending industry advertising

Phys Dot Org 21 Dec 2021
A new study authored by University of Houston Law Center Professor Jim Hawkins and student Tiffany Penner and published in the Emory Law Journal indicates that the payday lending industry often targets Black and Latino communities in advertising their products, while the mainstream banking industry targets white consumers.
Edit

New Study from the UH Law Center Finds Racial and Ethnic Disparities in Lending Industry Advertising

Killeen Daily Herald 21 Dec 2021
21, 2021 /PRNewswire/ -- A new study authored by University of Houston Law Center Professor Jim Hawkins and student Tiffany Penner and published in the Emory Law Journal indicates that the payday lending industry often targets Black and Latino communities in advertising their products, while the mainstream banking industry targets white consumers.
Edit

Latinos are a vulnerable population for spam texts since the COVID-19 pandemic began

Recordnet 18 Dec 2021
Though anyone with a cellphone can receive a fraudulent text message from someone impersonating a bank, the increased targeting of Latinos, "I think it has to do with the fact that many of them use WhatsApp to communicate with families across the border or in their native ...
Edit

Nochebuena: For Latinos, Hispanics the real celebration is on Christmas Eve

Burlington County Times 16 Dec 2021
Tech can play a critical role in keeping the family entertained and engaged over the Christmas season – and without breaking the bank ... He is the president of Centro Hispano, an organization in Reading, Pennsylvania, that supports the acculturation of Latinos that have moved to the Berks County city.
Edit

Big banks reconsider overdraft fees, amid public pressure

The Oregonian 15 Dec 2021
NEW YORK — The banking industry appears to have overdone it on overdraft fees ... Other banks have made it harder for customers to trigger an overdraft fee ... One of the top reasons given by Black and Latino Americans for choosing not to have a bank account, or being “unbanked,” is that they are trying to avoid bank fees.
Edit

Tue. 8:58 a.m.: Banks slowly reconsider overdraft fees, amid public pressure

The Vindicator 15 Dec 2021
Capital One, the nation's sixth-largest bank, has announced that it will end all overdraft fees in 2022 ... One of the top reasons given by black and Latino Americans for choosing not to have a bank account, or being “unbanked,” is that they are trying to avoid bank fees.
Edit

How Crypto Can Foster Financial Inclusion

Abra 15 Dec 2021
The path to success and financial security is paved with good banking services ... These communities have struggled over decades to find banking services that can help them build savings, buy homes or invest in alternative assets ... While White account holders pay $5 monthly in banking fees, Black account holders pay $12, and Latino pay $16.
Edit

Your state could decide to open a bank

Finger Lakes Times 15 Dec 2021
And many small business owners seeking loans just can’t meet the standards set by traditional banks ... “We thought there should be a different model for people who don’t have $1,000 in a bank account,” said Santiago, who represents a district including downtown Los Angeles that is more than 60% Latino.
×