CHICAGO -- Partnering with different organizations may be the key to successfully reaching out to the "unbanked"-but there are hidden risks in those partnerships.
A recent study by the National Community Investment Fund's Retail Financial Services Initiative found that financial institutions that forged innovative partnerships were the most successful at serving the underserved, but picking the right partner isn't always as simple as it seems, according to Christopher Tan, senior analyst with the Center for Financial Services Innovation, which partnered with the RFSI on the "From the Margins to the Mainstream: A Guide to Building Products and Strategies for …
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