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As digital commerce expands, cities must be mindful that the tech that kept businesses operational during the pandemic is available to underserved communities.
There s long been a concern that digitally-focused developments such as cashless retail could exclude underbanked consumers. The other side of this issue is that small businesses could themselves be left behind as their more deep-pocketed rivals cater to consumers new digital habits.
Digital payment technologies are some of the most timely, most relevant solutions in business history, said Melvin Coleman, executive director of the Atlanta Black Chambers. They allowed us to continue to transact business and operate safely during a pandemic. Now that these enhanced processes exist, many consumers expect to utilize them going forward. It s a whole new world now.
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What Black Business Leaders Say Biden-Harris Administration Needs To Address
The leadership of one of the nation’s largest African American business organizations talked to BET.com about how the White House can assist Black firms.
Published February 19th
Written by Madison J. Gray
In a virtual roundtable earlier this month with a group of Black Chambers of Commerce leaders from across the country, Vice President
Kamala Harris and Treasury Secretary
Janet Yellen discussed the challenges many Black entrepreneurs face since the coronavirus pandemic hit a year ago.
The conversation focused on both getting control of COVID-19 and at the same time how the American Rescue Plan being rolled out by the Biden-Harris administration aims at helping small businesses recover from the hits they took as the economy collapsed over the last 12 months.