Report: Just 28% of Americans are ‘Financially Healthy’
In this article JT Crowe, of Money and Markets, covers the Center for Financial Services Innovation’s U.S. Financial Health Pulse and considers what Americans can do to be more financially fit. “The economy is booming, the stock market is enjoying a record bull run, consumer confidence is near an all-time high, unemployment is at a […]
Survey Finds Americans’ Financial Health Shaky
In this article from the AARP, senior policy advisor Catherine Harvey writes about findings from the inaugural U.S. Financial Health Pulse report. “Stock market trends, the unemployment rate and other macroeconomic measures don’t always reflect people’s everyday financial lives,” said Catherine Harvey, senior policy advisor in the AARP Public Policy Institute. “The U.S. Financial Health […]
Study: Majority of Americans Struggling with Finances
This article posted in the ABA Banking Journal, summarizes findings from the Center for Financial Services Innovation’s U.S. Financial Health Pulse. “Just 28 percent of Americans — approximately 70 million people — are financially healthy, according to the Center for Financial Services Innovation’s inaugural U.S. Financial Health Pulse report released today. Fifty-five percent of Americans […]
Inaugural U.S. Financial Health Pulse Report Finds Only 28 Percent of People in America are Financially Healthy
Landmark Financial Health Pulse from the Financial Health Network delves beyond headline economic data to reveal people in America are struggling in many aspects of their financial lives Chicago, IL – Nov. 1, 2018 – The Financial Health Network, the nation’s authority on consumer financial health, in partnership with the Omidyar Network, MetLife Foundation, and […]
Fintech and the Search for Full Stack Financial Inclusion
We’re encouraged by Federal Reserve Governor Lael Brainard’s commitment to financial health. During her remarks at FinTech, Financial Inclusion – and the Potential to Transform Financial Services, a conference hosted by the Federal Reserve Bank of Boston and the Aspen Institute, she said, “This April, the Center for Financial Services Innovation announced the launch of a […]
Bringing Underbanked Consumers Out of the Shadows
In this guest blog post, Josh Sledge and Equifax describe characteristics of underbanked and unbanked consumers and how financial institutions can better serve them. Josh tells us, “There’s a real market opportunity for providers to help underserved consumers build savings and credit to increase their resilience to financial shocks.”
How to Adapt to the Growing ‘Risk Shift’
In this article, Sarah Parker discusses insights gained from the Financial Health Network’s research looking at the insurance needs of low- to moderate income Americans. She provides three main takeaways for the insurance industry about how to stay relevant in today’s changing landscape. Read the article >>
2018 Financial Health Leaders Spotlight: FinFit
Listen in as we hear FinFit share how they think about the business case for financial health for employers and the impact they are seeing from the new FinFit IQ trivia game.
The Vanishing American Dream: The Long Road to Financial Stability
In this article from Next Billion, Jennifer Tescher and Tilman Ehrbeck tell us, “The financial fragility of American households is better understood now than it has ever been, and the picture is downright scary. It’s not enough to understand it, we have to act.” Read the full article to learn about the financial challenges facing […]
Member Summit 2018 Speakers
Member Summit 2018 was October 4-5, 2018 in Chicago, IL.
Even raises $40M to transform the working class to the savings class
Danny Crichton of TechCrunch writes, “The working class of the United States doesn’t get many breaks these days. It’s not just a function of low pay and long hours, but also the incredible uncertainty of income and expenses that makes surviving week-to-week so challenging.” FinLab alumni, Even, is working to improve the financial health of […]
Mason Finance Now Licensed to Operate in California, Arizona, North Carolina, Pennsylvania and Tennessee
Company raises funding led by DCM and moves into major markets to empower senior citizens to take control of their financial futures July 17, 2018 10:00 AM Eastern Daylight Time SAN FRANCISCO–(BUSINESS WIRE)–Today Mason Finance, a fintech start-up that provides people with the option to quickly and easily sell their life insurance policy, announced it is now […]