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…
Innovating to Protect Older Americans Has Never Been More Important
By Liz Loewy As a former elder abuse prosecutor in a large District Attorney’s Office, I witnessed firsthand the devastating effects of fraud in later life. The hundreds of elder financial exploitation cases I handled had a number of things in common. First, many of the cases involved older victims who weren’t able to testify, […]
It’s On: FinLab Launches Fourth Challenge
$250K for each selected startup The Financial Solutions Lab — managed by Financial Health Network with founding Lab partner JPMorgan Chase & Co. — is excited to announce that applications are open for our fourth Innovation Challenge. Selected companies and nonprofits will each receive a $250,000 investment as well as unparalleled access to resources that can help them grow. For…
Financial Solutions Lab Launches $3 Million Year-Four Competition to Support the Financial Health of Underrepresented Communities
Lab to focus on the next generation of financial technology products 09:22 AM CT NEW YORK–(BUSINESS WIRE)–Today the Financial Solutions Lab (FinLab) at the Financial Health Network with founding FinLab partner JPMorgan Chase & Co. officially launched its Fourth Annual $3 Million Challenge (Challenge) to identify fintech innovators and products that can help improve the financial […]