Financial Solutions Lab Launches Eighth Accelerator Challenge Seeking Fintech Companies Addressing Racial Wealth Gap and Financial Health of LMI Communities
The Accelerator seeks applications from financial technology companies focused on helping low- to moderate-income (LMI) and Black and Latinx communities expand access to benefits and financial tools that help them to maintain key safety nets and improve their financial health.
The newest fintech bank account is for the formerly incarcerated
If you were to look at fintech apps at random, you’d quickly spot ones that help you collect your paycheck earlier, settle up IOUs and invest your money. If you spent a little more time digging, you might uncover banking apps designed for immigrants, Black Americans and the LGBTQ community. What you likely wouldn’t notice are products built for the formerly incarcerated. Until recently.
Financial Uncertainty in America: 2021 Financial Health Pulse Shows Government Aid Improved Financial Health but Gains at Risk as Relief Programs Subside and Pandemic Lingers
Two-thirds of Americans still financially unhealthy with particular challenges facing women, LGBTQ+ communities, and people with disabilities; inequities remain by race and gender.
Fintech and vulnerability
Fintech is having an enormous impact on the financial affairs of some of the most vulnerable in society.
2021 Finovate Award Winners Unveiled
Today we’re busting out the virtual confetti to announce the winners of the 2021 Finovate Awards, recognizing excellence in fintech across 25 different categories. This is the third annual Finovate Awards competition, which aims to highlight strong work done by the companies who are driving fintech innovation forward and the individuals who are bringing new ideas to life.
Designing for Whom? Lessons from a Coordinated Relief Effort to Reach Student Loan Borrowers Most in Need
In this article, we explore how FSL supported two interventions to identify and reach the most vulnerable student loan borrowers during the height of the pandemic.
New Financial Health Toolkit Helps Employers Improve Workforce Financial Health
New all-in-one guide gives HR leaders the power to diagnose needs and identify solutions, plus design engagement and measure impact of their financial health programs
Startups for Good
Interview with Hannah Calhoon, vice president of Innovation at the Financial Health Network.
6 ‘jugaad’ principles that could rebuild the post-COVID-19 U.S. economy
The U.S. must look to places like India, Brazil, Africa, and China for a new approach to frugal and flexible innovation called jugaad—a Hindi word meaning “the gutsy art of improvising a solution in difficult conditions with limited resources.”
The Innovators 2021: Best Innovation Labs
The notable fintech hubs, labs, incubators, and accelerators examined by Global Finance this year have both turned to technology to function during Covid-19 and nurtured startups that help financial institutions operate in a socially distanced world.
Financial Solutions Lab 2021 Accelerator Cohort Announced
The Financial Solutions Lab, today announced it has selected eight organizations for its 2021 Accelerator program.
Financial Solutions Lab 2021 Accelerator Cohort to Improve Financial Resilience and Growth for Underserved Communities in Wake of Pandemic and Beyond
As part of 10-year $60 million initiative, selected companies focus on credit, insurance, digital banking, and asset building solutions for LMI, Black, Latinx, and LGBT+ communities