Pew's consumer banking project studies the accounts that Americans rely on every day to manage their finances, including checking accounts, prepaid cards, and mobile payments. The initiative builds partnerships with key stakeholders to advocate for effective consumer protections and a level playing field in the financial marketplace.
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The Pew Charitable Trust’s consumer banking project studies the transaction accounts that Americans rely on to manage their finances and develops research-based policy recommendations that promote safe and transparent products. We have published a series of reports examining several aspects of checking and prepaid accounts and have begun research into how new mobile banking and payment features... Read More
The consumer banking project at The Pew Charitable Trusts, through survey and market research, studies checking and prepaid accounts offered to retail consumers. Read More
The Pew Charitable Trusts filed the following letter with the Consumer Financial Protection Bureau on March 23, 2015, in response to the bureau’s request for public comment on its proposed rules governing prepaid accounts. The letter from Pew’s consumer finance team is supportive of the CFPB proposal, based on Pew’s research and analysis, and offers recommendations for further improvement. Read More