Derrius Quarles • TED Residency
How banks are failing African-Americans
"In America, four out of ten residents could not afford a one-thousand dollar emergency if they needed to and according to a study from the University of Chicago, this number jumps to six out of ten of you are Black and eight out of 10 if you are a Black millennial." says Derrius Quarles. His solution: community. By using a combination of technology, education, and behavioral economics, he hopes to break down the systemic barriers to financial health that people of color have long faced.