Unbanked and Underbanked Consumers in the U.S., 4th Edition

Attention: There is an updated edition available for this report.
 
   Single User - $4,500
   Site License (one location, 10 users) - $6,750
   Corporate License - $9,000



Published Jan 5, 2016 | 148 Pages | Pub ID: LA5818073

Unbanked and Underbanked Consumers in the U.S., 4th Edition


Financial technology, mobile-forward product execution, and regulatory change are reshaping how traditional banking and alternative financial services (AFS) providers tailor products and services to unbanked and underbanked consumers. Momentum is on the side of product innovation, bringing a host of products to market that can meet unbanked needs in cost-effective and sustainable ways, while regulatory change has the potential to jump-start renewed involvement among major financial services players. Since “unbanked” can mean many things, depending on the demographic profile, success involves segmenting the unbanked into more discrete target audiences and targeting products and services accordingly.

Unbanked and Underbanked Consumers in the U.S. provides industry participants the insight they need to help serve unbanked and underbanked consumers. The report does the following:
  • To assess the relationship of the unbanked with the broader financial services market, the report leverages custom survey research to segment unbanked consumers in two ways: unbanked (those without checking/savings accounts; and institution unbanked (unbanked consumers who have not used a bank for other products or services in the past 12 months). Where possible, analysis related to the unbanked is trended from 2008 to 2015.
  • Explores two distinct groups—unbanked Hispanics and unbanked 18-34s—and their financial services relationships, including loan usage, type of banks used, language spoken in the home, foreign-born status, credit score. Analysis extends to remittances, prepaid cards, and other product solutions.
  • Assesses commercial banking trends and innovation, including account usage motivators and challenges, bank distrust trends, fee and expense trends, and product leadership examples.
  • Assesses retailer trends and innovation, focusing on supermarkets, discount store, convenience stores and drug stores, share of unbanked customers, and their retail preferences. Analysis of remittances, transaction-based alternative financial services, and prepaid cards is included, as are product leadership examples.
  • Analyzes unbanked and underbanked usage of remittances, including usage by major brand and demographic, and product leadership examples; as well as regulatory trends affecting payday loans and payday loan and pawn demographics.
  • Studies reloadable prepaid account trends and innovation, including growth trends, demographics, regulatory issues, and top used prepaid cards, as well as product leadership examples.
  • Throughout the report, studies mobile trends and innovation, with a chapter set aside that trends mobile/smartphone usage among the unbanked by demographic and mobile banking engagement.
  • Trends unbanked bill payment methods, and studies trends in cash usage.

  • $4,494.00 Included
    •  
      $133.00 Included

    • $4,342.00 Included
      •  
        $1,213.00 Included
      •  
        $1,152.00 Included
      •  
        $583.00 Included
      •  
        $549.00 Included
      •  
        $620.00 Included
      •  
        $224.00 Included

  • $3,289.00 Included

    • $1,221.00 Included
      •  
        $93.00 Included
      •  
        $93.00 Included
      •  
        $93.00 Included

      • $181.00 Included
        •   Unbanked and Institution Unbanked, 2008-2015

      • $205.00 Included
        •   Unbanked Consumers, by Demographic, 2008-2015

      • $139.00 Included
        •   Institution Unbanked Consumers, by Demographic, 2008-2015

      • $93.00 Included
        •   Banked, Unbanked and Institution Unbanked: Share, by Demographic, 2015
      •  
        $185.00 Included

      • $195.00 Included
        •   All, Banked, Unbanked and Institution Unbanked: Loans Have, by Loan Type, 2015
        •   All, Banked, Unbanked and Institution Unbanked: Loans Have, by Lending Institution Type, 2015

    • $453.00 Included

      • $93.00 Included
        •   Hispanic Unbanked and Institution Unbanked, 2008-2015

      • $127.00 Included
        •   Hispanic Banked, Unbanked and Institution Unbanked: Share by HH Income and Age, 2015
        •   Hispanic Banked, Unbanked and Institution Unbanked: Share by Language Spoken in Home, 2015

      • $243.00 Included
        •   Hispanics: All, Banked, Unbanked and Institution Unbanked: Percent Having Loans, by Loan Type, 2015
        •   Unbanked Hispanics: Percent Having Loans, by Loan Type and Language Spoken in Home, 2015
        •   Hispanics: All, Banked, Unbanked and Institution Unbanked: Percent Having Loans, by Loan Type, 2015

    • $599.00 Included

      • $184.00 Included
        •   Unbanked and Institution Unbanked Age 18-34, 2008-2015

      • $181.00 Included
        •   Reloadable Prepaid Card Account and PayPal Account Usage: Banked vs. Unbanked, 2015

      • $93.00 Included
        •   18-34s: Banked, Unbanked and Institution Unbanked: Share, by HH Income and Race/Ethnicity, 2015

      • $160.00 Included
        •   18-34s: All, Unbanked and Institution Unbanked: Percent Having Loans, by Loan Type, 2015
        •   18-34s: All, Banked, Unbanked and Institution Unbanked: Percent Having Loans, by Lending Institution Type, 2015

    • $422.00 Included

      • $203.00 Included
        •   Methods Used to Pay Bills: Banked, Unbanked and Institution Unbanked, by All, Hispanic and 18-34s, 2015

      • $216.00 Included
        •   Always Use Cash to Pay Bills: Unbanked, 2008-2015
        •   Always Use Cash to Pay Bills: Banked, Unbanked and Institution Unbanked: All, 18-34s, Hispanics, and Smartphone Users, 2015

    • $552.00 Included
      •  
        $93.00 Included

      • $93.00 Included
        •   Household Use of Transaction-Based Alternative Financial Services, by HH Income and Race/Ethnicity 2013

      • $93.00 Included
        •   Household Use of Credit-Based Alternative Financial Services, by Demographic, 2013

      • $224.00 Included
        •   Alternative Financial Services Household Use in Past 12 Months: Unbanked, Underbanked and Both, by Type of Service, 2013
        •   Underbanked Household Use of Alternative Financial Services, by Type: Use in Last 12 Months, 2011-2013
        •   Unbanked Household Use of Alternative Financial Services, by Type: Ever Use vs. Use in Last 12 Months, 2011-2013

  • $3,367.00 Included

    • $226.00 Included
      •  
        $93.00 Included
      •  
        $93.00 Included

    • $174.00 Included
      •  
        $93.00 Included
      •  
        $93.00 Included

    • $494.00 Included
      •  
        $93.00 Included
      •  
        $93.00 Included
      •  
        $93.00 Included

      • $93.00 Included
        •   Main Reason Why Unbanked Households Do Not Have Accounts, by HH Income, 2013

      • $93.00 Included
        •   Main Reason Why Unbanked Households Do Not Have Accounts, by Race/Ethnicity, 2013

      • $93.00 Included
        •   Main Reason Why Unbanked Households Do Not Have Accounts: U.S.-born vs. Foreign-Born Hispanic, 2013

      • $195.00 Included
        •   Comfort Trusting Money to a Bank: Unbanked vs. All, 2008-2015
        •   Comfort Trusting Money to a Bank: Banked, Unbanked and Institution Unbanked: All, 18-34s, Hispanics, Spanish-Speaking Hispanics, and Foreign-Born Hispanics, 2015

    • $501.00 Included
      •  
        $93.00 Included
      •  
        $93.00 Included

      • $109.00 Included
        •   Banked Adults: Percentage Banked by Type of Financial Institution, 2008-2015

      • $93.00 Included
        •   Banked Hispanic Adults: Percentage Banked by Type of Financial Institution, 2008-2015

      • $93.00 Included
        •   Banked 18-34s: Percentage Banked by Type of Financial Institution, 2008-2015

      • $212.00 Included
        •   Reasons for Not Having a Checking Account at a Large Bank with Many Physical Branches, by Age, 2015

    • $855.00 Included
      •  
        $93.00 Included
      •  
        $249.00 Included

      • $408.00 Included
        •   Distribution of Accounts and Gross Overdraft Fees By Overdraft Frequency: All, Opt-In and Opt-Out, 2014
        •   Distribution of Accounts and Gross Overdraft Fees, by Overdraft Frequency and Monthly Debit Card Intensity, 2014
      •  
        $93.00 Included
      •  
        $93.00 Included

    • $1,105.00 Included

      • $210.00 Included
        •   FDIC Model Safe Accounts: Core Features/Fees & Auxiliary Services and Fees, 2013
      •  
        $98.00 Included

      • $280.00 Included
        •   Key Basic Line of Credit: Characteristics, 2012-2014
        •   Key Basic Line of Credit: Revenue Analysis, 2014

      • $515.00 Included
        •   Citibank Access Account: Customer Demographics, 2014
        •   Town & Country Bank: Checking Account Options, 2015

  • $2,051.00 Included

    • $159.00 Included
      •  
        $93.00 Included
      •  
        $93.00 Included

    • $385.00 Included

      • $164.00 Included
        •   Check Casher Household Usage: Unbanked vs. Underbanked, by Demographic, 2013
        •   Check Casher Household Usage: Unbanked vs. Underbanked, by Most Common Location, 2013

      • $219.00 Included
        •   Money Order Household Usage: Unbanked vs. Underbanked, by Demographic, 2013
        •   Money Order Household Usage: Unbanked vs. Underbanked, by Most Common Location, 2013
        •   Money Order Household Usage: Unbanked vs. Underbanked, by Most Common Location and U.S. Born/Foreign Born, 2013

    • $899.00 Included
      •  
        $93.00 Included

      • $220.00 Included
        •   Adults Shopping at Major Supermarket/Discount/Club Store Brands: Banked, Unbanked and Institution Unbanked, by Brand, 2015
        •   Adults Shopping at Major Supermarket/Discount/Club Store Brands: Banked, Unbanked and Institution Unbanked Share, by Brand, 2015

      • $164.00 Included
        •   Unbanked Shoppers at Major Supermarket/Discount/Club Store Brands: Share of Those Who Use Remittances, by Brand, 2015

      • $109.00 Included
        •   Unbanked Shoppers at Major Supermarket/Discount/Club Store Brands: Share of Those Who Have Reloadable Prepaid Cards, by Brand, 2015

      • $119.00 Included
        •   Unbanked Shoppers at Major Supermarket/Discount/Club Store Brands: Share by Race/Ethnicity and Spanish-Speaking Hispanics, by Brand, 2015

      • $125.00 Included
        •   Unbanked Shoppers at Major Supermarket/Discount/Club Store Brands: Share among Hispanic Foreign Born, by Brand, 2015
      •  
        $120.00 Included

    • $586.00 Included
      •   Adults Shopping at Major Convenience Store/Drug Store Brands: Banked, Unbanked and Institution Unbanked Share, by Brand, 2015

      • $124.00 Included
        •   Unbanked Shoppers at Major Convenience Store/Drug Store Brands: Share of Those Who Have Prepaid Cards and Use Remittances, by Brand, 2015

      • $100.00 Included
        •   Unbanked Shoppers at Major Convenience Store/Drug Store Brands: Share by Race/Ethnicity and Spanish-Speaking Hispanics, by Brand, 2015

      • $93.00 Included
        •   Unbanked Shoppers at Major Convenience Store/Drug Store Brands: Share among Foreign Born, by Brand, 2015
      •  
        $120.00 Included

  • $1,324.00 Included

    • $628.00 Included
      •   U.S. International Remittances: Top 10 Recipient Countries, 2014

      • $93.00 Included
        •   Remittance Household Usage: Unbanked vs. Underbanked, by Demographic, 2013

      • $93.00 Included
        •   U.S. Adult Money Transferors: Domestic and International, 2008-2015

      • $206.00 Included
        •   Remittance Household Usage: Unbanked vs. Underbanked, by Most Common Location, 2013
        •   U.S. Adult International Money Transferors: Methods Used in Past 12 Months, 2010-2015
      •  
        $238.00 Included

    • $678.00 Included

      • $144.00 Included
        •   Payday Loan Household Usage: Unbanked vs. Underbanked, by Demographic, 2013
        •   Pawn Loan Household Usage: Unbanked vs. Underbanked, by Demographic, 2013
      •  
        $179.00 Included
      •  
        $225.00 Included
      •  
        $93.00 Included

  • $2,144.00 Included

    • $524.00 Included

      • $522.00 Included
        •   Prepaid Card Usage Penetration: Banked, Unbanked and Institution Unbanked, 2012-2015
        •   Reloadable and Non-Reloadable Prepaid Card Usage Penetration: Banked, Unbanked and Institution Unbanked, 2015
        •   Prepaid Card Use in Past 12 Months: Fully Banked, Underbanked and Unbanked, 2014
        •   Reloadable Prepaid Card Usage Penetration: Banked, Unbanked and Institution Unbanked, by Demographic, 2015
        •   Reloadable Prepaid Card Household Usage: Unbanked vs. Underbanked, by Demographic, 2013

    • $377.00 Included
      •  
        $93.00 Included

      • $93.00 Included
        •   Prepaid Card Use & Main Reason Why Household Used: Unbanked vs. Underbanked, 2013
      •  
        $93.00 Included

      • $158.00 Included
        •   Reloadable Prepaid Card Usage: Banked vs. Unbanked, by Brand, 2015

    • $1,226.00 Included

      • $385.00 Included
        •   Prepaid Account Agreements: Overdraft Service, Negative Fee Balance, Insurance, Fee Disclosure and Limited Liability Analysis, 2014

      • $840.00 Included
        •   American Express Bluebird: Fees and Characteristics, 2013-2015

  • $482.00 Included
    •  
      $114.00 Included

    • $200.00 Included

      • $198.00 Included
        •   Cell Phone and Smartphone Usage: Unbanked and Institution Unbanked, 2012-2015
        •   Smartphone Usage: Banked, Unbanked and Institution Unbanked, by Demographic, 2015
        •   Internet Usage at Home: Any, Mobile Phone, Desktop Computer: All vs. Unbanked, 2012-2015

    • $157.00 Included

      • $100.00 Included
        •   Mobile Banking Methods Used in Past 12 Months: Fully Banked and Underbanked, 2014

      • $93.00 Included
        •   Banked, Unbanked and Institution Unbanked Who Have Used Banking/Finance App in Past 30 Days: All, 18-34s and Hispanics, 2015

  • $637.00 Included

    • $93.00 Included
      •  
        $93.00 Included

    • $93.00 Included
      •  
        $93.00 Included
      •  
        $93.00 Included

    • $502.00 Included
      •  
        $273.00 Included
      •  
        $228.00 Included

In this report, {{keyword[keywordTextProperty]}} appears {{keyword[keywordCountProperty]}} times. {{searchResults.STATRESULT.SUMMARY.KW[keywordTextProperty]}} appears {{searchResults.STATRESULT.SUMMARY.KW[keywordCountProperty]}} times.

We were unable to search inside this report.

Search for an exact word or phrase by placing the word or phrase in quotation marks ("market trend"). Search for different versions or tenses of a word by placing an asterisk at the end of the word (pharma*).

Please note that your term must be at least three characters long and numbers will be blocked by the # sign.