In this member-exclusive digital event, members met three organizations each with a singular focus on creating financial health for their consumers.
Danny Crichton of TechCrunch writes, “The working class of the United States doesn’t get many breaks these days. It’s not just a function of low pay and long hours, but also the incredible uncertainty of income and expenses that makes surviving week-to-week so challenging.” FinLab alumni, Even, is working to improve the financial health of […]
THE CENTER FOR FINANCIAL SERVICES INNOVATION ANNOUNCES 2018 FINANCIAL HEALTH LEADERS Leading consumer financial health network recognizes organizations’ commitment to financial wellness CHICAGO, June 20, 2018 (GLOBE NEWSWIRE) — The Financial Health Network, the nation’s authority on consumer financial health, recently announced its 2018 Financial Health Leaders. Financial Health Leaders are organizations within the Financial […]
LOS ANGELES, June 08, 2018 (GLOBE NEWSWIRE) — EMERGE Financial Health Forum — The Financial Health Network announced that Dan Schulman, President and CEO of PayPal, has been awarded the first-ever the Financial Health Network Financial Health Visionary Award. The Financial Health Network’s founder and CEO, Jennifer Tescher, formally presented the award during a keynote session on June […]
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.
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.
Active military members have more consumer debt and lower self-reported credit scores than civilians, but secured credit cards can limit service members’ financial vulnerabilities.
Americans in rural communities are losing access to locally available, affordable financial services and products.
A long history of discrimination and wealth-stripping has caused African Americans, Hispanics, and other people of color to have lower credit scores, less wealth, and less trust in the U.S. financial system than whites.
Secured credit cards can be an effective way to build U.S. credit history and thereby access affordable credit products and fully benefit from inclusion in the U.S. financial system.
The financial future of America and beyond will be shaped by many of todays fintech innovators, eight of whom were selected as winners of the Financial Solutions Lab’s third annual competition. Run out of the Center for Financial Services Innovation with support from JPMorgan Chase, the Financial Solutions Lab identifies companies that can help Americans […]
The Financial Health Network submitted this letter in response to the CFPB’s request for information on consumer credit card markets on March 10, 2017. Like the CFPB, the Financial Health Network recognizes the important role that access to high-quality financial products plays in helping consumers improve and maintain their financial health. We believe that finance 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.