Structural barriers in financial services create and worsen profound racial inequalities that have been exacerbated by the COVID-19 pandemic. As we enter economic recovery, we have a unique opportunity to identify and breakdown barriers of systemic racism and drive towards a more inclusive economy.
The existing racial wealth gap strains families’ economic mobility and weakens the U.S. economy. Solutions can create a multiplier effect across generations and lead to a greater shared prosperity.
AIR is working with Minority-Owned Depository Institutions (MDIs) to identify technology solutions that will help them compete in the digital age and provide targeted solutions for underserved customers.