Banco Popular of Puerto Rico recently launched two electronic services designed for the unbanked.

The flagship unit of Popular Inc. has begun offering an all-electronic savings account and a money transfer service that use debit cards and automated teller machines. These services may be forerunners of what U.S. institutions could extend to people without bank accounts.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.