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Elena Whisler, SVP, Sales and Relationship Management at The Clearing House | Episode 123

Leaders In Payments

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Minority Depository Institutions and Community Development Financial Institutions

The percentage of black, hispanic and american indian households that are unbanked is higher than the national average. We have seen some successes with minority depository institutions and community development financial institutions reaching the financially underserved community. But there's a lot of hurdles to overcome specifically targeted s group. Earlier this year, the clearing house kicked off multiple partnerships with financial service providers in an effort to bring the benefits of faster payments, real time payments, to all Americans.

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