Financial Solutions Lab Announces 2018 Class of Innovators
In January 2018, we issued a call to the marketplace of entrepreneurs in America, seeking a broad range of solutions to improve the outcomes of people in America struggling with their finances. Applicants were strongly encouraged to support diversity in solutions, customer focus, and founding teams. For the fourth year in a row, the Financial […]
Financial Solutions Lab Announces Eight Fintech Innovators as Winners of its $3 Million Challenge to Improve Financial Health of Underrepresented Communities
Winning Ideas Leverage Technology and Life Experience to Focus on Financing College, Improving Savings and Accessing Credit 07:00 AM CT NEW YORK–(BUSINESS WIRE)–Today the Financial Solutions Lab (FinLab) at the Financial Health Network with founding partner JPMorgan Chase & Co. announced eight fintech innovators as winners of its Fourth Annual $3 Million Challenge (Challenge). Each of the […]
Shining a Spotlight on Student Financial Health
#FinHealthMatters Day 2018 April 25, 2018 was the third annual #FinHealthMatters Day. Each year, #FinHeathMatters Day brings attention to Americans’ financial health through a thunderclap of social media activity, news stories, blogs, podcasts and more. Over the past years we have seen 240+ blogs posted, 2,500+ influencers tweeting nearly 6,000 times, and ultimately, close to 27…
Product Innovation to Meet Customer Demand: 5 Tips For Your Institution
By Mindy Hauptman, Managing Director, Consulting Services, Financial Health Network Ready to tackle product innovations in order to improve your customers’ financial health? Financial Health Network Consulting Services is here to help. Request a consultation today. Innovative products result in happy customers, and customer satisfaction drives business. According to CFI Group’s Bank Satisfaction Barometer, products…
From Equifax to Cambridge Analytica: Why financial services must stay ahead of the consumer data curve
By Kaitlin Asrow, Financial Health Network Data breaches have become inevitable in our increasingly digital lives, but unlike other global events — from terrorism to the 2008 economic crisis — they have not yet become a catalyst for market-wide changes to business practices in industries that center on consumer data. But that may be changing. Recent events, from the…
For Students, Financial Health is About More Than Money
It’s no secret that financial challenges play a big role in overall student success and achievement. We must work to find the holistic and streamlined solutions that address the complexity of everyday life in order for students to pursue their dreams.
American Banker: Data Revolution Could Make Lending Better
The Financial Health Network’s Entrepreneur in Residence explains the early stages of a quiet but powerful transformation in how lenders obtain data to make underwriting decisions. He describes how this transformation will have profound effects on consumers’ access to credit, lenders’ business models and how incumbent consumer reporting agencies operate. Read the article.
From Wall Street to Lendstreet: How One Immigrant Was Inspired to Help Americans Improve Credit Scores
This story first appeared on Medium. It took a natural disaster 1,500 miles away from where he was living in New York for R. Jerry Nemorin to upend his Wall Street career and start anew. Five months after the 2010 earthquake that devastated Haiti, killing hundreds of thousands and leaving 1.5 million people without a […]
U.S. Financial Health Pulse Press Release
The Financial Health Network Launches Groundbreaking Survey, U.S. Financial Health Pulse In partnership with the Center for Financial Services Innovation, Omidyar Network, MetLife Foundation, and AARP are investing in an annual benchmarking survey and financial data analysis that will provide recurring insights into the changing nature of Americans’ financial health. The U.S. Financial Health Pulse is a […]
U.S. Financial Health Pulse Press Release
The Financial Health Network launches a groundbreaking survey, the U.S. Financial Health Pulse, in partnership with the Center for Financial Services Innovation, Omidyar Network, MetLife Foundation, and AARP.
Starting Up, Starting Out: A Founder Story
Today we’re sharing an interview with Matthew Cooper, co-founder of EarnUp, a member of the 2016 Financial Solutions Lab class. You’re an openly gay fintech founder. How do those two facts relate to each other? Being openly gay has greatly affected my career choices and how I became an entrepreneur. Both my startup journey […]
Fintech and the Federal Government
By Kate Flocken, Financial Health Network For more than 40 years, public policy has been actively promoting financial inclusion and how to enable consumers to have better access to high quality financial services, but the federal and state governments alike have struggled to keep up with the fast pace of change. Last week the Financial…