JPMorganChase offers insights from a decade of fintech innovations advancing financial health in the U.S. and India.

Since 2018, the Financial Health Network has conducted the Financial Health PulseⓇ research initiative to identify national financial health trends.

As consumers grapple with high inflation and rising credit card balances, they’re shifting away from travel rewards in favor of cash back credit cards, according to the J.D. Power 2024 U.S. Credit Card Satisfaction Study.

In the United States, financial stress significantly impacts overall well-being. A staggering 40% of Americans report experiencing high stress related to money, while 76% of American households live paycheck to paycheck.

More borrowers have been falling behind on their credit card bills and are paying for more basic banking services, like A.T.M. fees.

The Consumer Financial Protection Bureau has proposed a rule that would treat the offerings as loans, requiring the providers to disclose their charges as interest rates.

While women play a serious role in the economic landscape — whether via their control of household finances or in their consumer spending habits — they don’t have as much trust in banking institutions as men do.

Financial Health Network recently hosted its EMERGE conference which brings together leaders from the entire ecosystem including financial institutions, employers, government agencies, nonprofits, and fintechs.

The IRS is in the midst of reinventing itself by offering taxpayers several new customer service options. These enhancements will undoubtedly provide better customer service to taxpayers, but the IRS must design them so they will be accessible to all.

The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.

The OCC's new Vital Signs initiative gives bankers an important tool to help them assess the financial health and stability of their customers, and to help them build a strong foundation for the future, writes Jennifer Tescher, of the Financial Health Network.

Looking back over my decade-plus covering fintech, I see parallels between earned wage access (EWA) today and the past paths of equity crowdfunding, peer-to-peer lending and BNPL. Others in the industry do, too.