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by Ken Rees (Author)
Teetering merges original research with stories from real-life "tightropers" and makes the case for urgent action by financial institutions, innovators, investors, regulators, policymakers, and influencers to recognize and change the financial forces that push the American dream out of reach for nearly half of the adult populace.
Nearly half of all American adults live paycheck to paycheck. These misunderstood majority of "tightropers" spend time, effort, and tons of emotional energy balancing their lack of capital with increasing demands on those limited financial resources. Economic instability is the new normal across all income levels. Teetering: How to Bring Stability to the Millions of Americans Living on a Financial Tightrope addresses the critical question, what's wrong with American policies and the financial institutions that are failing so many hard-working people today? It merges original research with stories from real-life "tightropers" and makes the case for urgent action by financial institutions, innovators, investors, regulators, policymakers, and influencers to recognize and change the financial forces that push the American dream out of reach for nearly half of the adult populace. Teetering proposes common-ground solutions that work regardless of political leaning and provides a roadmap for how innovators can serve this growing need and for how banks and others can start saying "yes" to their customers again.Author Biography
KEN REES is a financial technology innovator who is passionate about serving the underserved. Over the past two decades he has founded and grown multiple companies, launched numerous financial products, and served millions of American "Tightropers."
Ken is founder and CEO of Covered, a disruptive Fintech dedicated to providing affordable healthcare financing to people who struggle with less-than-prime credit scores. Before that, he was founder and CEO of Elevate, a leading online lender that he took public on the New York Stock Exchange. Additionally, he was the founder and CEO of CashWorks, a financial technology company acquired by GE. He is a frequent speaker and writer on financial technology and financial inclusion topics and has been profiled in the New York Times and his opinion pieces have appeared in the Wall Street Journal, American Banker, and Business Insider among other publications. In 2012, Ken was selected by Ernst & Young as an Entrepreneur of the Year and was named a 2017 Innovator to Watch by Bank Innovation. He lives in San Francisco, CA with his wife and dog.
Number of Pages: 224
Dimensions: 1.1 x 9 x 6.2 IN
Publication Date: March 02, 2021
