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 […]
Press Release: Financial Services Companies Pursuing Quality, Testing Innovative Small-Dollar Credit Products
New Research Highlights 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 […]