Is their goal to retrieve information on more people, or is just a PR stunt?
WSJ News Exclusive | JPMorgan, Others Plan to Issue Credit Cards to People With No Credit Scores
"The plans grew out of Project REACh, or the Roundtable for Economic Access and Change, an effort launched last summer by the Office of the Comptroller of the Currency. After protests following the killing of George Floyd in police custody, the OCC convened bankers, financial-technology executives and nonprofit leaders to brainstorm on how to increase credit access to historically disadvantaged communities."
#banks #finance #politics
Banks Plan to Issue Credit Cards to People With No Credit Scores https://www.wsj.com/articles/jpmorgan-others-plan-to-issue-credit-cards-to-people-with-no-credit-scores-11620898206
WSJ News Exclusive | JPMorgan, Others Plan to Issue Credit Cards to People With No Credit Scores
"The plans grew out of Project REACh, or the Roundtable for Economic Access and Change, an effort launched last summer by the Office of the Comptroller of the Currency. After protests following the killing of George Floyd in police custody, the OCC convened bankers, financial-technology executives and nonprofit leaders to brainstorm on how to increase credit access to historically disadvantaged communities."
#banks #finance #politics
Banks Plan to Issue Credit Cards to People With No Credit Scores https://www.wsj.com/articles/jpmorgan-others-plan-to-issue-credit-cards-to-people-with-no-credit-scores-11620898206
Is their goal to retrieve information on more people, or is just a PR stunt?
WSJ News Exclusive | JPMorgan, Others Plan to Issue Credit Cards to People With No Credit Scores
"The plans grew out of Project REACh, or the Roundtable for Economic Access and Change, an effort launched last summer by the Office of the Comptroller of the Currency. After protests following the killing of George Floyd in police custody, the OCC convened bankers, financial-technology executives and nonprofit leaders to brainstorm on how to increase credit access to historically disadvantaged communities."
#banks #finance #politics
Banks Plan to Issue Credit Cards to People With No Credit Scores https://www.wsj.com/articles/jpmorgan-others-plan-to-issue-credit-cards-to-people-with-no-credit-scores-11620898206
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