While financial inclusion is indeed an admirable goal, achieving that will not solve the nation’s financial problems. The Financial Health Network CEO Jennifer Tescher explains why. Read her explanation in the full article here >>

Millions of Americans rely on prepaid debit cards for daily financial management. In light of the recent RushCard glitches and problems created for customers, Jennifer Tescher and John Thompson encourage readers to not blame the prepaid industry. It is an industry that has made significant strides to help consumers manage their financial lives. Instead, let’s […]

A housing rights organization in Poughkeepsie, New York, stands with its community against a utility company’s attempt to disconnect low-income family homes. Utility bills, small-dollar loans and financial health intersect. CFSI found that utility bills were the number one reason people were forced to take out short-term loans such as payday loans. Read the full […]

Nearly 60%–or 138 million–Americans struggle with their finances. CUNA takes a look at the 29 million Americans that are financially at risk and what credit unions and other financial services providers can do to help. Read the profile here.

Center for Financial Services Innovation and JPMorgan Chase today commit capital and technical assistance to nine innovative fintech organizations solving cash flow management challenge CHICAGO, June 11, 2015 — Today the Financial Solutions Lab (“FinLab”) announced nine financial technology innovators as the winners of its $3 million, inaugural competition aimed at identifying solutions that help […]

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.

Looking for summer reading? American Banker asks industry leaders like Jennifer Tescher for their recommendations. Check out the list today.

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 […]

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 […]

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 […]

Leading Innovators Adopt High-Quality Practices from the Financial Health Network’s Compass Guide to Payroll Cards