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The Story: According to data released by the White House in their recent Economic Opportunity Coalition briefing, 5.4 million new businesses were started in 2021 – a figure that’s 20%...
Public, private and social sector partnership includes 24 organizations prioritizing historic financial investments in underserved communities Last week, the White House announced the formation of a new Economic Opportunity Coalition...
The Story: Nearly four out of ten small businesses in the U.S. are owned by women. However, data shows that only 25% of women versus 34% of men are likely...
Financial institutions introduce new banking programs designed to back the growth of women-owned small businesses and provide diverse and inclusive staffing to support them In the wake of the “Great...
Efforts to improve diversity in banking and investments in Black-owned banks are paying off in communities across the country. According to BankBlack: “Black-owned and operated, financial institutions are pillars in...
Investments in Black-owned financial institutions help reduce racial disparities and improve prospects of underbanked communities In a recent bylined article in Independent Banker magazine, the president of the country’s second-oldest...
The Story: Even before the pandemic, the average American struggled to overcome unforeseen and unplanned for expenses like “car repairs, medical bills or even a broken phone,” according to the...
The Story: According to a new report by BoardReady, companies that have diverse boards are better prepared to come out on top when faced with challenging circumstances, like those found...
Investments and initiatives to reach the underbanked and underserved communities in financial services Diversity continues to top the headlines in financial services, and with good reason. The sector still has...