Community hosted
“Socially Green™”
Financial Service Destinations
Solving Bank Deserts
- Who:
- 164M Bank Challenged Americans (KPMG 2021) Living and Working in Bank Deserts
- Up From 150 Million (2015)
- 74% Americans are Living Pay Check to Pay Check (2019)
- Red & Orange Distressed Zip Codes ( https://eig.org/dci/interactive-map%20Study%202020 )
For Millions of Bank Challenged™ People
- Our Mission:
- to Solve the Growing Bank Desert Challenge Across America
- Our Market Demographics:
- : $320 Billion (2017), ~$500 Billion (2021)
- $417 Billion in Prepaid Card Volume (2017)
- $1.3 Trillion in Wages (unbanked people only = 68mm, 2014)
- $2.4 Trillion Economic Value (unbanked people only = 68mm, 2014)
- Our Why:
- Trending since 2008, more Branches have Closed since the Great Depression & 3,324 closed in 2020
- Our What:
- Merchants Hosting Financial Service Destinations in Their Communities for the People
OuterBanx® Deposit & GO InstaDebit® Terminals
- Think Remote Customer Assisted ATM for Your Merchant Locations & Financial Institution
- Plug’n’play, No Set Up Team Required
- Leverage Existing Merchant Space, Optimize Square Footage and Increase Foot Traffic
- Star Energy Rated & RoHS Components
- NEW! Revenue Stream Opportunities for Your Business
OuterBanx® Mini Bank Branch Enhanced Customer Onboarding
- Streamlined Easy to Use Onboarding Experience
- Empowers Merchant with Pro-Active Forensic KYC & Authentication
- Eliminating Person, ID & Check Fraud
- Instant Issue Checkless Bank Account with Debit Card in
- LESS THAN 5 Minutes One Time Enrollment.
OuterBanx® Mobile App
- Bank & Transact from the Comfort of Home
- Mobile Check Deposit or Direct Deposit
- Offer eGift Cards Direct to the Consumer
- Add on Features: Money Remittance, Bill Payment, Cell Phone Top Up, P2P Transfers and More
- Add On Family Benefits Program
- Discounts on RX, Vision, TelMed, Auto Repairs, Towing and More
- Financial Literacy Program: the Basics, Spending, Savings, Loans, FICO, Credit, 401K, and More
OuterBanx® Green Features
- Digital Experience with Optional Digital Debit Card Issue
- No Cash Dispensed, No Armor Truck Stops
- No Branch Build Out
- Low Carbon Footprint
- No Emissions