American Banker: Nine Apps to Help the Underbanked Take Control of Their Finances
At this year’s EMERGE Forum, the Financial Solutions Lab revealed the winners of a recent competition for apps that tackle consumers’ cash flow challenges. Take a look at the nine winning organizations and their innovative apps here.
American Banker: Summer Reading List for Bankers 2015
Looking for summer reading? American Banker asks industry leaders like Jennifer Tescher for their recommendations. Check out the list today.
How Behavioral Science Can Improve Financial Technology Innovations
Guest blogger: Eldar Shafir, Co-Founder of ideas42, Princeton University Professor, and Advisory Council Member for the Financial Solutions Lab Like many of us, I’m lucky enough to be able to manage my daily life while devoting just a sliver of my mind to looking after my personal finances. But for lower-income American households, navigating continuously […]
Press Release: Report Reveals More than Half of Americans Are Not Financially Healthy
New the Financial Health Network Study Evaluates the Current State of Financial Health, Identifying Opportunities to Improve Consumer Outcomes Chicago, IL – March 24, 2015 – According to a new study by the Center for Financial Services Innovation, 57% of American adults are struggling financially, and 43% of U.S. households struggle to keep up with […]
Press Release: New the Financial Health Network Report Examines Four Trends in Big Data That Can Improve Consumer Financial Lives
CHICAGO–(BUSINESS WIRE)–Today, the Financial Health Network, released Big Data, Big Potential: Harnessing Data for the Underserved Market. The report, which benefitted from strategic support and financial input from Morgan Stanley, focuses on applications of big data in financial services and the positive implications it can have on the financial lives of consumers. “Employed responsibly, Big […]
Press Release: Financial Solutions Lab Announces $3 Million Competition to Tackle Consumer Financial Security
Center for Financial Services Innovation and JPMorgan Chase call on innovators to submit high-tech solutions to address consumers’ cash flow challenges CHICAGO, February 24, 2015 — The Financial Solutions Lab at the Center for Financial Services Innovation (CFSI) with founding partner JPMorgan Chase & Co. today announced a $3 million competition for technology innovators working […]
Press Release: New Publication Press Release: Establishes Guidelines for Evolving Payroll Card Industry
Leading Innovators Adopt High-Quality Practices from the Financial Health Network’s Compass Guide to Payroll Cards
Press Release: Underserved Consumers Spent Press Releases: $20 Billion in Interest & Fees on Subprime Auto Loans
New Market Sizing Report from the Financial Health Network and Core Innovation Capital Reveals Underserved Market Grew More than Seven Percent in 2013 to Estimated $103 Billion CHICAGO–Today, the Financial Health Network and Core Innovation Capital (Core) released their fourth annual Financially Underserved Market Size Study. The report, which benefitted from the financial support and […]
Press Release: Vancity Joins Working Group Piloting Innovative Credit Models
Leading Financial Institutions Continue to Test New Small-Dollar Credit Features Vancouver, B.C. – December 3, 2014 – The Financial Health Network announced today the expansion of their Small-Dollar Credit Test & Learn Working Group with the addition of Canada’s largest credit union, Vancity. Launched earlier this year, the working group brings together credit providers to […]
New Research Highlights Press Release: Consumer Preferences for Key Product Features
Chicago, IL – (June 3, 2014) – Today, the Financial Health Network announced the creation of the Small-Dollar Credit Test & Learn Working Group. Five leading financial services providers—Regions Bank, LexisNexis Risk Solutions, Kinecta Federal Credit Union, Enova International and Emerge Financial Wellness—are piloting small-dollar credit products or product features that put into practice many […]
Press Release: Rezzcard Wins 2014 FinCapDev $100K Demo Day, Captures $50,000 Grand Prize
Ten finalist teams debut innovative mobile apps that harness the power of technology to improve Americans’ financial lives SAN JOSE, CA – (November 3, 2014) – Rezzcard, a mobile app that allows consumers to see their current rent balance and due date, search their payment history, find the nearest payment location and pay their rent, […]
Press Release: New Research Offering Insights into Consumer Financial Health to be Featured at Money 20/20
Jennifer Tescher to Present Initial Findings from Nationally-Representative Consumer Survey Chicago, IL – The Financial Health Network announced today that President and CEO Jennifer Tescher will speak at Money 20/20, the largest worldwide gathering for payments and financial services innovators. Tescher, a recognized thought leader on consumer financial health, will share new research from recent […]