The Unbanked and the Underbanked
James DeFrantz Overview:
There are millions of households in the United States that have limited contact with financial institutions.
Why you should Attend:
The unbanked and underbanked present an opportunity for new customers for financial institutions.
Areas Covered in the Session:
- Defining unbanked and underbanked
- Banking as a service
- Neo-Banks
- Market conditions
Who Will Benefit:
- Marketing and Business Development Staff
Speaker Profile
James DeFrantz CRCM, CAMS, J.D. has 30 years of experience in financial service regulatory compliance. He has worked with money service businesses in the United States and internationally, including consulting with money remitters, fintech lenders, and foreign exchange firms. He is a specialist in compliance in consumer and real estate lending; BSA; CRA; Fair Lending; Consumer Operations; Non- Non-Deposit Investment Products; Note Department Operations; Assessment of ALL and Credit Approval Processes. He has served as a Senior Compliance Examiner at the Federal Reserve Bank in San Francisco; as an Analytical Manager at the Office of Thrift Supervision; and as a Commissioned National Bank Examiner at the Office of the Comptroller of the Currency (OCC). He has a Certificate from the Pacific Coast Banking School of Bank Management, a Juris Doctor from the University of San Francisco with a concentration in banking and finance, and a BA from Dartmouth College. He is a Certified Regulatory Compliance Management and Certified Anti-Money Laundering Specialist.