Despite their gradual decline in use, checks remain prevalent, accounting for 33% of non-cash payments in the United States by face value.

U.S. Financial Diaries Case study: Elena Navarro is a single, 27-year-old woman living outside of San Jose, CA.

The underserved represent a vast opportunity for financial services providers to meet consumer demand for high-quality products that support financial health.

The U.S. Financial Diaries (USFD) is a research study collecting detailed financial data from more than 200 low- and moderate-income households over the course of a year.

When asked whether “financial stability” or “moving up the income ladder” is more important, 77% of the participants in the U.S. Financial Diaries (USFD) research study chose “financial stability.”

The United States financially underserved market generated $89 billion in fees and interest in 2012, representing growth of 8% from $82 billion in 2011.

As developing technology and new regulations continue to spark competition and transform the marketplace, deep consumer knowledge remains the key to success for businesses across the sector.

This report examines the significant volume of recent investment activity in the FinTech market for financially underserved consumers. This consumer finance segment is a dynamic and growing space.

In 2009, Peter Alvarez of Redstone Federal Credit Union attended his first Underbanked Financial Services Forum, an annual conference held by the Financial Health Network and SourceMedia, to learn more about the underserved market.

For eight years, the Financial Health Network has championed innovative strategies for meeting the needs of underbanked consumers

From the U.S. Financial Diaries: Learn how and why short-term savings matter, especially for people in the United States who are earning unsteady incomes and facing unforeseen financial challenges.

Financial lives have changed. Financial advice, policies and products should too. See the infographic by the U.S. Financial Diaries.