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 Employers Can Now Enroll Workers in Some Emergency Savings Accounts
News

Employers Can Now Enroll Workers in Some Emergency Savings Accounts

But many companies are spurning the "clunky" legal requirements for accounts linked to retirement plans.

Workplace
Feb 09, 2024
 Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year
News
FinHealth Spend

Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year

The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the penalties.

Market Analysis
Feb 09, 2024
 Doom Spending Is Not Self-Care
News

Doom Spending Is Not Self-Care

The obstacles Gen Z and millennial women face are real. Marketers’ claims that buying more stuff will soothe them is not.

Equity
Feb 08, 2024
 Earned wage access and advances on pay are very different products
News

Earned wage access and advances on pay are very different products

The risk of harm to users' financial health is much greater with direct-to-consumer advances than it is from earned wage access programs, write Jennifer Tescher and David Silberman.

Earned Wage Access
Jan 31, 2024
 Better emergency savings tools for better financial health
News
ESI

Better emergency savings tools for better financial health

I keep thinking about this column from Alex Johnson last month around financial health and savings. To me, one of the biggest disappointments around the past decade of fintech innovation is how little we are moving the needle for the financial health of consumers.

Savings
Jan 17, 2024
 Joe Biden Moves To Slash Bank Overdraft Fees With New Rule
News
FinHealth Spend

Joe Biden Moves To Slash Bank Overdraft Fees With New Rule

“Banks call it a service,” the president said. “I call it exploitation.”

Market Analysis
Jan 17, 2024
 Finli: Using Fintech To Support Black-Owned Businesses
Impact Story
Financial Solutions Lab

Finli: Using Fintech To Support Black-Owned Businesses

Learn how fintech Finli partnered with the Financial Health Network to help Black business owners rebuild and recover from the pandemic.

Innovation
Dec 21, 2023
 Summer: Helping Borrowers Secure Student Loan Forgiveness
Impact Story
Financial Solutions Lab

Summer: Helping Borrowers Secure Student Loan Forgiveness

Learn how fintech Summer partnered with the Financial Health Network to help students pay down debt and build their financial health.

Innovation
Dec 21, 2023
 ONE@Work: Helping Workers Bridge the Income Gap Between Paydays
Impact Story
Financial Solutions Lab

ONE@Work: Helping Workers Bridge the Income Gap Between Paydays

Learn how fintech Even, now ONE@Work, partnered with the Financial Health Network to help more people access their wages right when they need them.

Earned Wage Access
Dec 21, 2023
 What Is Predatory Lending?
News
Financial Health Pulse

What Is Predatory Lending?

Learn to steer clear of these loans, which are great for the lender but horrible for your wallet.

Financial Services
Dec 14, 2023
 Helping the Credit-Marginalized Conquer Overdraft Fees With Digital Banking
News
FinHealth Spend

Helping the Credit-Marginalized Conquer Overdraft Fees With Digital Banking

Consider a digital small-dollar loan platform to rectify and build back members' financial lives.

Market Analysis
Dec 06, 2023
 The U.S. government’s latest crackdown on banks could put more money in your pocket
News

The U.S. government’s latest crackdown on banks could put more money in your pocket

New regulations from a government agency are set to relieve one of consumers' biggest complaints.

Market Analysis
Nov 29, 2023
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