Cash is phasing out, and getting familiar with a digital solution is definitely something to consider

'Banking Black' is gaining popularity after years of systematic issues directly related to ethnicity and traditional banking services.

(New York Times) — At a time when many banks have become notorious for taking money away from checking account customers, a start-up is planning to double what it’s putting back in account holders’ wallets.  On Wednesday, Perk Street Financialis planning to announce that it will double, to 2 percent, its rebate on every dollar its checking account customers […]

(Capital Business Staff Reports) — Bethesda-based Urban Trust Bank, a minority-controlled bank founded by BET founder Robert L. Johnson, has teamed up with a church group to offer a Visa-branded prepaid card as part of the “dfree” financial literacy program. Dfree, which stands for Debt, Delinquency and Deficit Free” was created in 2005 by DeForest […]

(PRNewswire) — Urban Trust Bank®, FSB (“UTB”), a minority controlled bank founded by Robert L. Johnson and Frank J. Hanna, and Dr. DeForest B. Soaries, Jr., the Senior Pastor of the First Baptist Church of Lincoln Gardens in Somerset, New Jersey, have partnered to deliver a Visa® branded prepaid card as part of the dfree™ […]