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 Opportunities and Threats of Insurtech for the Average Insurance Consumer
In this article, Theresa Schmall addresses the opportunity for insurance providers to embrace innovative technology that benefits both businesses and customers alike. Read the article >>
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.
Mason Finance Now Licensed to Operate in California, Arizona, North Carolina, Pennsylvania and Tennessee
Company raises funding led by DCM and moves into major markets to empower senior citizens to take control of their financial futures July 17, 2018 10:00 AM Eastern Daylight Time SAN FRANCISCO–(BUSINESS WIRE)–Today Mason Finance, a fintech start-up that provides people with the option to quickly and easily sell their life insurance policy, announced it is now […]
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…
Financial Solutions Lab Impact Report
The Financial Solutions Lab Impact Report outlines how the Lab’s model has performed in positively impacting companies, the market, and ultimately, consumers’ financial health.
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…
Financial Solutions Lab Snapshot: Helping More Americans Achieve Financial Health
The 2017 FinLab Snapshot discusses recent trends in the financial technology landscape based on observations from more than 350 applicants to the Financial Health Network’s Financial Solutions Lab.
Liability, Transparency and Consumer Control in Data Sharing
With industry leadership and regulatory support, there is an opportunity to build a liability framework for financial data sharing to support consumer protection, innovation and market growth.
Fintech Founder Q&A: Dave.com
Everyone should have a friend they can turn to when they need someone to spot them a little cash. At least Jason Wilk thinks so, which is why he and his cofounders John Wolanin and Paras Chitrakar teamed up to build their fintech startup, Dave. Wilk is no stranger to the startup world, and Dave, […]
The Financial Health Network Comment Letter on Proposed Amendments to Rules Concerning Prepaid Accounts
The Financial Health Network submitted this letter in response to the request for comment on the proposed Amendments to Rules Concerning Prepaid Accounts, issued by the Consumer Financial Protection Bureau (CFPB, the Bureau) and published on June 29, 2017. Like the CFPB, we recognize the important role that prepaid products and services can play in the financial health of U.S. consumers and we are committed to promoting high-quality financial products. We believe that financial services can be a force for good in people’s lives and that meeting consumers’ needs responsibly is ultimately good for both the consumer and the provider.