Doorways to Dreams’ (D2D) SavingsQuest tool is an online and mobile platform that uses the principles of gamification to encourage savings among prepaid card users.

The Financial Health Network is submitting this letter in response to the request for comments on “Mobile Financial Services Strategies,” issued by the Federal Deposit Insurance Corporation (FDIC) and published on May 3, 2016.

We can educate consumers and provide access to financial products and services. But how do we help consumers use their knowledge and tools to improve their financial behavior and become financially healthy?

Can a workplace financial counseling program leverage mobile tools to boost the financial health of low-and-moderate income employees?

MyBudgetCoach (MyBC), operated and distributed by Solutions for Progress (SfP), is an online platform designed to complement and enhance existing financial coaching programs.

MyPath partners with workforce development programs and financial institutions to help young adults improve their financial health.

New research reveals just how much money financially underserved consumers spend on financial products and services. The latest data shows that in 2014, consumers spent $138 billion to simply manage their financial lives.

Juma Ventures is a San Francisco-based youth development organization dedicated to helping low- income high school students save for and complete a four-year college degree.

Moneythink pairs college student mentors with high school student mentees to provide coaching on sound financial management.

LIFT-UP (Local Interventions for Financial Empowerment through Utility Payments) is a multi-city initiative overseen by the National League of Cities’ (NLC) Institute for Youth, Education, and Families designed to provide financial counseling to delinquent utility customers

In 2010, Mission Economic Development Agency (MEDA) launched its Volunteer Income Tax Assistance (VITA) Credit Builder program with the primary goal to establish or improve credit for low-income Latino immigrants and help them responsibly manage credit over the long term.

Filene’s LIFT (Lower Interest For Timeliness) program offered interest rate reductions to borrowers who made timely loan payments.

Center for Community Self-Help’s (Self-Help) “Just Right” line of small-dollar credit (SDC) products was designed to test features of SDC products offered to clients as affordable and safe credit options.

Mission Asset Fund’s (MAF) Lending Circles provides a zero-interest loan to help consumers build credit and access an affordable small-dollar loan.

Piggymojo built an online and mobile tool that uses goal visualization, social sharing and mobile technology to help savers turn impulse buys into “impulse saves.”

Piggymojo built an online and mobile tool that uses goal visualization, social sharing and mobile technology to help savers turn impulse buys into “impulse saves.”

The Center for Financial Services Innovation (CFSI) has identified additional opportunities to improve consumers' financial health in areas including affordable housing, community college, and healthcare.

Learn about the different phases of Start2Save, Opportunity Fund's savings program, which has provided $83 million in microloans and microsavings for clients in need since 1994.

Learn how Goodwill created a mutually beneficial situation for the organization and its employees by offering payroll cards with features to help employees spend, save, and budget.

Learn how Opportunity Fund's savings program, Start2Save, has evolved to provide improved financial health benefits and economic empowerment to some of America's most vulnerable communities.

Learn how international nonprofit organization Goodwill Industries provided prepaid cards to its employees so that they could avoid fees associated with check-cashing services.

The Financial Health Network is submitting this letter in response to the request for comment by the Federal Deposit Insurance Corporation, published on September 10, 2014.

Learn about the eight financial projects chosen by the Center for Financial Services Innovation (CFSI) to receive grants through the 2012 Financial Capability Innovation Fund II.

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

Driven to help households better manage their finances and attain financial stability, a number of nonprofits, financial services providers, and government agencies have turned to the concept of financial capability in the search for effective solutions.

The Financial Health Network realizes that information disclosure is a key part of the financial capability equation, and we also believe that for information to lead to behavior change it needs to be relevant, timely, actionable, and ongoing.

The National Community Tax Coalition is a national network dedicated to strengthening economies, building communities, and improving lives through tax assistance and asset building.

This case study explores Justine PETERSEN. As a leader in microenterprise development and credit building, Justine PETERSEN emphasizes credit building as an empowering asset.

Underbanked consumers need minute-to-minute information about their finances, and mobile financial services (MFS) are well suited to deliver it.

The financial crisis and economic downturn have reshaped the financial services landscape.

Young adults entering the work force and managing wages for the first time today face a financial services marketplace that is markedly more complex than the one their parents first encountered as young adults.

Mainstream financial institutions have struggled to meet the needs of low-income families living paycheck to paycheck.

There are few affordable short-term, small-dollar credit products in the marketplace that meet borrowers’ immediate needs and that help put them on a path toward financial prosperity.

Low-income underbanked consumers typically lack sufficient savings to cover short-term needs or unexpected expenses—let alone to build a nest egg for longer-term goals.

An estimated 30 to 40 million American households are financially underserved. They lack access to the financial products and services that enable them to save, build assets, and achieve financial prosperity.

Low-wage immigrants are a particularly hard-to-reach segment of the underbanked population.

A credit score affects virtually every aspect of a person’s financial life—from buying a home or starting a business to the interest rate on credit cards.

This paper outlines some of the major themes which emerged during Fourth Annual Underbanked Financial Services Forum, in 2009, inlcuding an exploration of the heterogeneity of underbanked market segments