home.social

#unbanked — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #unbanked, aggregated by home.social.

  1. A very interesting study on the "unbanked and underbanked" in USA, by Sheena Allen for CREAM Factory with @Interledger

    EXECUTIVE BRIEF | The Data They Don't Collect
    linkedin.com/feed/update/urn:l

    #USPol #Banking #UnBanked #UnderBanked

  2. Crypto use more common among the underbanked, says FDIC report - Last year, underbanked households more commonly used crypto than those w... - cointelegraph.com/news/crypto- #underbanked #unbanked #payments #banking #crypto #fdic

  3. Crypto is democratizing investment banking options—Lightspark founder - Cryptocurrencies will challenge the current banking hegemony layer-by-la... - cointelegraph.com/news/crypto- #remittances #unbanked #banking

  4. Should natural people be forced to maintain a bank account or should they have the option to be #unbanked?

    #survey #poll #askFedi #rightToBeAnalog

  5. Fintech Unicorn Revolut Needs a Plan B - The company wants a UK banking license to move beyond payments and crypto. Regulators are... - wired.com/story/fintech-unicor #business/blockchainandcryptocurrency #business #unbanked

  6. ‘Exhausted all options’ — Unbanked to close after being left hanging by investor - Unbanked is yet another crypto firm to wind down this month, joining Bot... - cointelegraph.com/news/unbanke #cryptoregulation #cryptoexchange #bottlepay #unbanked #coinloan #teserra #crypto #hotbit #nft

  7. @elan @tedivm The biggest regression is the elimination of cash; the #warOnCash. AFAICT #Klarna is cashless; unlike the #SafePay card, there is no way to buy a card at a supermarket using cash. So #unbanked ppl are excluded. I would love to open a Klarna acct linked to a temporary bank acct which I then close, rack up a Klarna debt & say to Klarna “where can I pay be debt in legal tender?”

  8. "The Faroe tax system (TAKS) shares a lot of similarities with #Denmark, which is the Faroes’ principal trade partner and, as it happens, helped the autonomous territory develop their code. Simplicity is an overarching principle—so is shifting the burden of compliance and calculation to a centralized state and away from individual taxpayers."

    Reject #Crypto and Look to the Faroe Islands to Help the #Unbanked | news.bloombergtax.com/daily-ta

    #law #lawfedi @law

  9. MIT, Maiden Labs examine CBDC inclusiveness issues in report from 4 countries - The report concentrates on real-world research from low- and midd... - cointelegraph.com/news/mit-mai #unbanked #cbdc

  10. Interests, in no particular order, include: #Labor #Unions, #GIS, #Geospatial, #Python, #FOSS, #DataScience, #EO, #FountainPens, #Journaling, #SocialJustice, #HousingJustice, #FinTech, #Inequality, #Unbanked, #polyamory, #allies...

    Housing first.

    Supporting #Ukraine is the only option. Expansionism, theft, sheer unbridled racism, and attempting to utterly stamp out other cultures cannot be permitted.

    Feel free to say hi!

  11. @paul @gitea @Bobo_PK @dachary @forgefriends @sebastian @stevenroose W.r.t the criminal enterprises claim— criminals use #cryptocurrency & also banks. We don’t cancel banks just b/c criminals use them. We don’t cancel cars just b/c drive-by shootings happen. More generally, we don’t oppress legitimate users of a tool just because there are some bad actors. #Unbanked people should not be excluded from commerce on the basis that thieves exist.

  12. CW: re: SOME OF THE good and the poor of TruthSocial so far…

    3/3

    THEY NOW SERVE 40% of #banks in #Australia, preventing targetted individuals from #bankAccount access in a browser. #unbanked

    If you registered at TruthSocial prior to them being CloudFlare, you may want to call them at (866) 878-8442 to cancel your interest ASAP (see archive.org/https://truthsocia)

    You may pass this privately to your loved ones, and ASAP.

    Sorry to be bearer of this news.

    DSFGS

  13. Anyone still #unbanked today is unbanked by choice — by #tyranny.

    No #CentralBankDigitalCurrency (#CBDC) will fix that. This is evidenced by persons in #Australia who are locked out of their banks by #CloudFlare.

    This drive to digitise people is also a drive to financialise people — and #financialisation leads to greater #inequality.

    No #ethical path forward can involve #CentralBankDigitalSlavery.

  14. RT @parisc

    Twitter: "Crypto is killing the planet"
    Reality: Crypto is trading as currency in third world countries and even journos are noticing what others have for years.
    "

    wired.com/story/crypto-remitta

    Great to see the #unbanked gaining some #sovereignty. We may have lolled hard at the name of a #bitcoin website in #SubSaharanAfrica called #UsefulTulips.

    Shame it meanders over to a couple centralised scamTokens.

    #Cuba #Venezuela #Africa #BoazSobrado

  15. Almost three months after getting notice of account closure, I finally have the check from Citizens Bank. I now have to cash the check with them, as I have no more bank account into which I can deposit it. #unbanked

  16. Is every single #bank in #Australia now served by Cloudflare?

    Its sure looking that way.

    And given that we refuse to use #Cloudflare, we thus consider ourselves #unbanked. Save for *maybe* some #bitcoin.

    The #warOnBitcoiners (we mean #savers) is not subtle.

    #neoFeudalism #usOccupation #homeToRoost #usOwned

  17. 2/3

    "The #USD is ElSalvador's official currency. About one quarter of El Salvador's citizens live in the #UnitedStates and last year, despite the pandemic sent home $6 billion in #remittances(…) a big chunk (…) lost to intermediaries.

    "With bitcoin more than a million low-income families could benefit."

    He says 70% of the people are #unbanked, and in the "informal economy", bitcoin could aide #inclusion.

    We want to know how they'll adopt bitcoin, eg. will non-#lightning payments be allowed?

  18. Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave - Nigeria remains a largely cash-dominated country. There are over 100 million adult Nigerians, of whi... - feedproxy.google.com/~r/Techcr #financialinclusion #financialservices #flutterwave #payments #startups #unbanked #finance #funding #vault #tc