Elena Whisler, SVP, Sales and Relationship Management at The Clearing House | Episode 123
Leaders In Payments
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How Can Financial Education and Targeted Messages Help the Unbanked?
Financial education and targeted messaging to the unbanked population is really the key to continue the momentum. Do you guys in the banks come together in like, pull resources to put campaigns together to do this? Yes, it's a great question. So we try really hard to facilitate for the group and then provide guidance at different regulatory levels. We did some research related to the potential cost benefit analysis of fet accounts or digit or dollar wallets. The root causes of the problem being trust, perception, access, either digital access or physical access.
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