MOBILE Act means more access for underserved, unbanked
(WorldNews Europe)

The U.S. Congress got a step closer to improving access to mainstream financial services for the underserved and unbanked with the inclusion of the MOBILE Act (H.R. 1457) as part of an amendment to the banking regulatory relief bill that was reported out of the Senate Banking Committee last week, and the standalone bill reported out (by 60-0 vote) of the House Financial Services Committee this week. Explore more... The MOBILE Act, or Make Online Banking Initiation Legal and Easy, makes it possible for financial institutions to use an image of a person`s...