The Financial Health Network’s letter to the CFPB focuses on four main areas, each framed around what is best to achieve the overall goal of consumer financial protections that support financial health:

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.

The Compass Guide to Payroll Cards defines industry-wide best practices for the design and delivery of payroll cards.

This report reveals that American consumers spent $103 billion in fees and interest revenue in 2013, generated from a volume of $1.3 trillion in financial activity.

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.

Over the past decade, millions of American households have turned to prepaid cards to spend, save, and manage their money.

Read case studies and discover recommendations for using prepaid cards to promote financial health by helping consumers spend, save, and manage their money.

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

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.