Banks Reject New York City IDs, Leaving ā€˜Unbankedā€™ on Sidelines

By | December 24, 2015

More than 670,000 people have obtained the identification cards since the program began in January. One of the programā€™s goals is to help many of those people obtain bank accounts. Ā But some of the biggest banks in the city ā€” includingĀ JPMorgan Chase,Bank of AmericaĀ andĀ CitigroupĀ ā€” will not accept the cards as a primary source of identification, even though their federal regulators and some smaller banks have approved their use.

Source: mobile.nytimes.com

Good article on unbanked in New York, Thanks Kirk at ARCA!

Author: Staff Writer

Craig Keefner is the editor for Kiosk Industry (Self Service Kiosk Machine). Opinions and point of view here on kioskindustry is not necessarily the stance of the Kiosk Association or kma.global -- With over 40 years in the industry and experience in large and small kiosk solutions, Craig is widely considered to be an expert in the field. Major kiosk projects for him include Verizon Bill Pay kiosk and hundreds of others.