Market Analysis

David Newville and Arjan Schutte Present at Prepaid Expo

Several CFSI Employees are presenting on Market Research Roundtables at the Prepaid Expo in Las Vegas Nevada on March 13, 2012.

David Newville, Senior Policy Analyst, Center for Financial Services Innnovation will be presenting on Prepaid Disclosure Research.

Arjan Schütte, Managing Partner, Core Innovation Capital, & Sr. Advisor, Center for Financial Services Innnovation in the same session, will be presenting on Underbanked Market Potential.

David Newville Presenting at Prepaid Expo

David Newville, Senior Policy Analyst, CFSI, will be presenting at the Prepaid Expo in Las Vegas, Nevada. Mr. Newville will be presenting Market Research on the topic "The Fate of Payroll Cards: Restrictions and Regulations Across the US".

 

His session will also include

• Determining the future of the Payroll card across the US

• Fallout from the California bill…what states are watching and what was learned from the experience

• How legislation will change how payroll card programs are structured

• Payroll card functionality that will be affected as programs seek exemptions.

New Underbanked Market Data from Core Innovation Capital and CFSI

by Arjan Schütte

CFSI and Core Innovation Capital released new data about the 2010 underbanked market size. The results demonstrate that there is not only a substantial need for financial products and services to serve the underbanked population, but a significant revenue opportunity in providing ...

Highlights from the Sixth Annual Underbanked Financial Services Forum 2011

The Sixth Annual Underbanked Financial Services Forum held on June 8-10, 2011 provided an occasion to discuss the ideas, technology, partnerships and policies that are transforming the market. The conference, held in New Orleans, Louisiana, brought together leaders from diverse institutions and ...

New Wal-Mart Kiosks Present Threat to Banks

CFSI's 6th Annual Underbanked Financial Services Forum is mentioned in this American Banker article about Wal-Mart's new banking kiosks. Wal-Mart will begin rolling out automated versions of its MoneyCenter offices, which provide a range of financial services to shoppers.  The "MoneyCenter in ...

CFSI Survey Takes Stock of Products for Underbanked

A survey of financial services providers that cater to the underbanked population found that 87 percent of respondents expect the underbanked market to grow in the next year, and 85 percent expect to expand their offerings to this segment in response to ...

CFSI Announces Results from the Inaugural Underbanked Industry Scan

An overwhelming majority of survey respondents – 93% – said that reaching underbanked consumers is important or very important to the future of the financial services industry

Chicago, IL (March 9, 2011) – Today, the Center for Financial Services Innovation announced the results ...

Results from CFSI's Inaugural Industry Scan

by Kate Marshall Dole

Last fall, CFSI launched its inaugural Underbanked Industry Scan survey, our first-ever attempt to create a complete profile of the existing supply of financial products and services for the U.S. underbanked population. We surveyed the entire spectrum of suppliers to the underbanked ...

January 2011 Newsletter

Happy New Year from CFSI

Highlights of the Fifth Annual Underbanked Forum, 2010

In June 2010, CFSI held its 5th annual Underbanked Financial Services Forum in Miami, Florida. As in years past, the Forum brought together a diverse array of stakeholders within the underbanked marketplace for three days of rich and insightful discussion. With noticeable ...

CFSI's Innovators Roundtable meets in Texas to inspire big thinking

CFSI's Innovators Roundtable meets in Texas to inspire big thinking about the underbanked market

Financial services thought leaders visit the nation’s first Mango Store to witness innovation in action

Austin, TX, September 28, 2010—The Center for Financial Services Innovation commences its semi-annual Innovators ...

A Twist on Reaching out to Unbanked Hispanics

In an attempt to expand access to credit among Hispanics with little or no credit history, CFSI Investee Progress Financial is offering small loans to this typically underbanked community. By offering these uncollateralized loans, founder James Gutierrez hopes to help generate credit ...

Highlights from the 4th Annual Underbanked Financial Services Forum

by

Rachel Schneider

The Underbanked Financial Services Forum has become a bellwether for the industry serving the underbanked. Judging by this year’s Fourth Annual Forum, presented by SourceMedia with the Center for Financial Services Innovation (CFSI), the industry is strong. Despite challenging times for the ...

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One Size Does Not Fit All: A Comparison of Monthly Financial Services Spending

by

Rachel Schneider

The Center for Financial Services Innovation (CFSI) has conducted an investigation into the amounts that prepaid cardholders spend each month to conduct essential financial transactions, and compared that to the amounts that they would spend if they remained underbanked or used checking ...

First Encounters Research Description

Corey Stone, CFSI Fellow, will be heading the special research project, "Time to Focus on First Encounters." This research effort will take an in-depth look at first interactions between financial institutions and young people and will spotlight innovative institutions providing products/solutions for ...