Blog published on October 15, 2014

CFSI is the nation's authority on consumer financial health. We lead a network of industry participants committed to shaping a more robust and innovative marketplace that serves consumer needs with high-quality financial products.

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Over the last year, more than 100 million American households experienced a financial shock. This year the Financial Solutions Lab’s second $3 million challenge was seeking solutions that could help Americans to weather such shocks. The result? 356 applicants with access to over 4.2 million consumers. After combing through the applications and choosing nine winners, one thing is clear — we are seeing consumer fintech mature in front of our eyes. 

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