Fintech

A Sharing of Ideas: How cross-country exchanges can foster innovation

Recently, Financial Health Network and MetLife Foundation hosted five social entrepreneurs from South Korea to exchange ideas and learnings with U.S. nonprofits, social enterprises, impact investors and financial health fintech companies. There were three main themes that made an impact on the South Korean social entrepreneurs.

The Riddle of Overdrafting

Much about overdrafting behavior remains a mystery. Given the small amounts and short periods by which overdrafts occur, why aren’t many of them avoidable?

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.

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…

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…

Startups: Win Your Way to Money20/20

Money20/20 is the world’s largest marketplace for ideas, connections and deals in Payments and Financial Services. It’s where leaders — representing every sector of the industry — come to seize new business opportunities, strengthen partnerships and discover the latest disruptions. With 11,000+ attendees — including more than 1,700 CEOs and Presidents from a whopping 4,500 companies and 85 countries — Money20/20 brings together…

Google Makes a “Play” for Financial Health

By Shannon Austin, Financial Health Network When you think of Google, you’re probably thinking search. Synonymous with how we call tissues by the brand name “Kleenex,” the phrase “Google it” is, of course, how we all associate finding things. In that way, “Googling it” has taken the place of many practices the over-40 set grew…

The Long Game of Impact Investing

By Jennifer Tescher, President & CEO, Financial Health Network When I launched the Financial Health Network nearly 13 years ago, no one knew who we were, and virtually no one knew what it meant to be underbanked. All I knew was that I was supposed to figure out how technological changes in financial services could…

5 Ways to Expand the Appeal of Your Fintech Product

By Aliza Gutman, Financial Health Network There’s no arguing that fintech has tremendous potential as a delivery channel for high-quality products and services to help consumers improve their financial health. Yet many fintech tools are still not designed with the needs of underserved consumers in mind. In our just-published brief, we share what we learned…