This summary highlights key insights from the panel discussions and concludes by presenting three areas for further study as this consumer financial services sector continues to evolve: the roles played by banks and nonbanks, the requirements for consumer education, and the regulations governing these financial products and services.
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Conference Summary
Payment Cards and the Unbanked: Prospects and Challenges
July 2005
On July 13 and 14, 2005, the Payment Cards Center hosted a two-day conference, Payment Cards and the Unbanked: Prospects and Challenges, that brought together experts from the financial services industry and from the policymaking, community development, and academic communities to examine the products, services, and providers that are emerging to meet underserved consumers’ financial needs.
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