Credit Invisibles and Thin Files: Using AI to Bank the Unbanked

by Lauralee Dhabhar, on Jul 29, 2022 10:37:53 AM

According to a 2019 report by the Federal Reserve, 22% of American adults are unbanked or underbanked. This situation is driven by historical practices such as relining and other policies designed to segregate communities based upon race and income. While most of those policies are no longer in effect today, their legacy remains. Almost 1/4 of our nation's population lacks the ability to build generational wealth and move beyond their current economic status.

Strategic Communications Manager Kristina Drye and our panel of subject matter experts explore the history of the unbanked in the United States, today's situation, policy issues, and how we can change our financial structures in the webinar recording below.

Featured speakers:

Amarynth Sichel, Independent Researcher

Courtney Cardin, Advisor, Common Future

Lauren Paul, Director of Partnerships and Policy, Common Future

Title Image: rad fx/


Further Resources for your consideration:

The Theory of Money and Credit, by Ludwig Von Mises

Debt: The First 5,000 Years, Updated and Expanded, by David Graeber

Debtor Nation: The History of America in Red Ink, by Louis Hyman

Creditworthy: A History of Consumer Surveillance and Financial Identity in America, by Josh Lauer

The Making of Ferguson: Public Policies and the Root of its Troubles, by Richard Rothstein

For further information about The Common Future Policy Incubator mentioned by Lauren and Courtney, visit them at Common Future.


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