Thursday, December 3, 2015
Gates and JPMorgan Back White House Outreach to 'Unbanked'
The Obama administration announced a set of public-private programs Tuesday to expand financial services to the millions of low-income people in America and around the world who lack access to credit, savings accounts, and other fiscal essentials, reports The New York Times.
Corporate and philanthropic partners such as the Bill & Melinda Gates Foundation, JPMorgan Chase, PayPal, and Coca-Cola have signed on to help implement the 10 Treasury Department efforts aimed at reducing the ranks of the so-called unbanked, particularly through technological solutions. . .