Channel: Wells Fargo

Category: Film & Animation

Tags: unbanked householdsaccessracial inequityaccessibilitymocafilmiminority depository institutionsminorityfinancial healthempowermentinclusionunbanked individualseconomic opportunityafrican americanunder bankedcommunity investmentcommunities of colorsystemic inequalitiesblackunbankedbank onwellsfargoeconomic justicemdiadvancementwells fargo commitmentunbanked communitiesbanking inclusioninequitywells fargolow cost banking services

Description: As part of its Banking Inclusion Initiative, Wells Fargo has started a collaboration to help the Fintech MoCaFi provide banking to unbanked individuals in underserved communities. Today, MoCaFi customers have the ability to use their MoCaFi debit card at Wells Fargo ATMs without incurring fees from Wells Fargo. Darlene Goins, head of Wells Fargo Banking Inclusion Initiative; Wole Coaxum; Founder & CEO of MoCaFi; and Gigi Dixon, head of External Engagement Diverse Segments, Representation & Inclusion for Wells Fargo, discuss how MoCaFi was started, and how Wells Fargo is supporting.