September 22, 2020

Please reload

Recent Posts

US Monthly Supply of Houses

September 22, 2020

1/1
Please reload

Featured Posts

FinTech Can Prevent "Banking Deserts"

March 15, 2018

A recent Milken Institute report on #FinTech described policies that can potentially prevent "Banking Deserts". These are defined as locations without a bank branch within 10 miles. The St. Louis Fed identified 1,100 locations and an additional 1,000 potential deserts as presented in the chart below from the report.

The report states - "The proliferation and use of mobile technology, particularly for mobile banking purposes, has the potential to bring more people into the formal financial system, as well as maintain the relationship between the financial services provider and customer, even if that financial services provider no longer has a physical presence in the community."

 

Full report at:

http://assets1c.milkeninstitute.org/assets/Publication/Viewpoint/PDF/FINAL-FinTech-Bipartisan-Legislation2.pdf

 

Disclaimer - This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product.

 

 

Share on Facebook
Share on Twitter
Please reload

Follow Us
Please reload

Search By Tags
Please reload

Archive
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

FORT SCHUYLER ADVISORS, LLC ©2018