The Varied Financial Health Needs of Underserved Entrepreneurs
Financial Health Network welcomes Gina Harman and Luz Urrutia as guest bloggers. Gina currently serves on Financial Health Network’s board of directors and Luz is a past member of Financial Health Network board of directors. Guest post co-authored by: Gina Harman, CEO, U.S. Network, Accion Luz Urrutia, CEO, Opportunity Fund As mission-based small business lenders,…
The Ends of the Month: A Blog Series
This blog series aims to explore solutions in one area of household finance where innovations by business, technologists, and regulators can all make a positive difference: the cash crunch too many families face at the end of the month, when their bills come due and their bank balances approach zero.
5 Rebellious Student Loan Acts – Why #FinHealthMatters
Good financial health starts with being proactive and getting rebellious with your finances. And there is no better day than today.
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 […]
Press Release: The Financial Health Network Names Garry Reeder as VP Innovation and Policy
Financial services veteran will help advance mission of consumer financial health, driving a technology and policy agenda that enables a supportive ecosystem for pro-consumer innovation in the industry CHICAGO, July 16, 2018 (GLOBE NEWSWIRE) — The Financial Health Network, the nation’s authority on consumer financial health, today announced the addition of Garry Reeder as Vice […]
Worth the Time: Designing Financial Services to Reduce Time Poverty
By Karen Andres Vice President, Financial Health Network Anyone who has heard the words “terminal,” “no cure,” or “palliative care” in a doctor’s office will remember everything about that moment. When I heard those words a decade ago about my 57-year-old mother, I immediately felt like I had been hit over the head by a…
3 Myths About Payroll Card Users — And Why Employers & Providers Should Care
“We tend to spend when the checking account balance is high so I like being able to put in money when I need it, it’s more flexibility. I like the idea of having a buffer account that I can feed into my checking account. I get more control of my finances.” — Matt, Current Payroll Card User…
LA Times: For a day, I was one of the millions of Americans without a bank account. It was humbling
This article written by Los Angeles Times banking and finance reporter James Rufus Koren describes his experience during FinX at EMERGE. Koren recounts what he and other finance professionals learned as they spent a morning in Hollywood experiencing first hand the daily challenges facing the un- and underbanked. Read the article
MetLife Foundation: All in the Family: Single Motherhood, Stress and the US Financial Health Gap
In this article, the Financial Health Network President and CEO Jennifer Tescher discusses the financial hardships facing single mothers in America today. She describes systemic solutions to help improve the financial health of low-to-moderate income single mothers and their families. Read the article
Press Release: The Center For Financial Services Innovation Announces 2018 Financial Health Leaders
THE CENTER FOR FINANCIAL SERVICES INNOVATION ANNOUNCES 2018 FINANCIAL HEALTH LEADERS Leading consumer financial health network recognizes organizations’ commitment to financial wellness CHICAGO, June 20, 2018 (GLOBE NEWSWIRE) — The Financial Health Network, the nation’s authority on consumer financial health, recently announced its 2018 Financial Health Leaders. Financial Health Leaders are organizations within the Financial […]
GreenPath and EarnUp Release Roadmap for Nonprofits + Fintechs to Work Together
Recently GreenPath, one of the country’s largest nonprofit financial counseling organizations, released “Building Successful Nonprofit-Fintech Partnerships,” detailing its work to co-develop and distribute a new client service with EarnUp, a fintech company that makes it easier for people to manage and pay down debt. The report is a goldmine of insights on how to build better […]