‘Not all fintech is good for people’: Jennifer Tescher
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Financial technology startups have developed some useful technology for consumers, such as automated savings, says Tescher, who founded the Financial Health Network 20 years ago. But some fintech innovations are more questionable.
Elder financial exploitation has been a problem for banks for years, and it’s getting worse. Gunther offers practical suggestions for what banks should do when they suspect an older customer is a victim.
The Arkansas community development financial institution has an ambitious goal of making $500 million worth of mortgages in rural, minority and low-income neighborhoods.