Banking-As-A-Service Takes On The Underbanked SMB
PYMNTS
MARCH 9, 2020
At the same time, bank branch closures appear to be accelerating, with small towns across the country losing a combined 14 percent of their banks between 2012 and 2017. Regional Banks, Credit Unions Compete. The bad news, however, is that it still means 8.4 million households were underbanked in 2017.
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