One Transaction News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Newly Born Whale Buys $39.93M Worth of SHIB in One Transaction, Becomes 29th Largest Holder. Etherscan.io data recently revealed that a newly born Whale has…

Since the death of George Floyd, Black-owned banks have received an estimated $150 million in equity capital and are pouring the funds back into Black communities.

Black-owned banks are booming, and they’re pouring money back into their communities An estimated $150 million in equity capital has been invested in Black-owned banks since George Floyd was murdered last year, according to the National Bankers Association, a trade group that represents 24 of the country’s minority-owned financial institutions. Those funds have put the nation’s Black banking community in a stronger position today than it was a year ago, according to the group’s board Chairman Robert E. James II. “Our banks can now leverage that into $1.5 billion to serve minority co...

Building generational wealth has always been a hard feat for the average Black person due to the wealth gap. The difference between Black and white income in America, according to Pew Research Center, was 61% of the median Black household income to the white household in 2018.  These statistics, along with countless other disparities, are pushing more Black Americans to bank Black. "The civil unrest following the killing of George Floyd was a catalyst toward banking Black," said nationally known financial expert Lynette Khalfani-Cox. This is happening despite what Cox refers to as economic ...

OneUnited Bank, Largest Black Owned Bank And Visa Launch OneTransaction Campaign Focusing on Closing the Racial Wealth Gap News provided by Share this article Share this article LOS ANGELES, Feb. 2, 2021 /PRNewswire/ -- OneUnited Bank, the largest Black owned bank and first and only Black owned digital bank in the country and Visa are proud to announce for Black History Month the OneTransaction Campaign to close the racial wealth gap. The Campaign includes a state-of-the-art, free virtual financial conference on Juneteenth (June 19, 2021). OneUnited Bank, in partnership with Visa, launches ...