OCC Helps to Launch Financial Inclusion Project for Consumers and SMBs

The Office of the Comptroller of the Currency (OCC) has introduced a new initiative to promote greater financial inclusion amongst consumers and small businesses; the Economic Access and Change (REACh) project brings together the banking industry and various business, civil rights, and tech-focused organizations; the project’s supporters will try to identify and reduce or limit barriers to accessing capital and credit; the group’s current focus is on policy and structural issues that make it difficult to access credit; Brian P. Brooks, the Acting Comptroller of the Currency, tells Crowdfund Insider, “The recent civil unrest across our country emphasizes that too many people have been left out of our nation’s economy. While we applaud others, who have made large financial contributions to address immediate needs, Project REACh will focus on policy and structural changes that can help more people participate in our economy and prosper in the same way so many others have.” Crowdfund Insider.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.