News  |  CFSI In The News Archive

Research Director Michael Herrmann is quoted in this article highlighting CFSI's new market segmentation study. 

Jane Thompson, president of Wal-Mart Financial Services, announced the company's prepaid Visa card sales volume at CFSI's Underbanked Financial Services Forum in Miami.

Daniel Ayala, Senior Vice President and manager of  Wells Fargo 's Global Remittances Services Group, is profiled in this article about his presentation at CFSI's Underbanked Financial Services Forum.   

This article describes Wal-Mart's announcement of its prepaid card sales volume at CFSI's Underbanked Financial Services Forum in Miami, noting that the company is working to develop a savings program. 

This article discusses implications for the prepaid card market from CFSI's market segmentation study. 

This article highlights CFSI's recent investments in iSend and Progress Financial through its Catalyst Fund. 

CFSI's research is cited in this article about new models for providing financial services to the underbanked and the role of immigrants in this market. 

CFSI research is quoted in this article,  explaining  credit scoring processes and underbanked  consumers.

Visit the Federal Reserve Bank of Minneapolis website for the entire article.

In this article, Jennifer Tescher urges the financial services industry to create comprehensive models and adopt nontraditional approaches to build successful services and initiatives for underbanked consumers. 

CFSI's Catalyst Fund  is  mentioned  in this article, which  points  to  the two newest companies in  CFSI's investment portfolio:  iSend and  Progress Financial.

Jennifer Tescher is quoted in this interview,  which discusses ways for individuals with thin- or no- credit files to access credit.

Visit the American Public Media: Marketplace website to view the article.

Research from CFSI is quoted in this magazine article,  "Insurance and Asset Building."

Visit the Federal Reserve Bank of Chicago's website to view the entire article.

CFSI  research is quoted in this article  praising H&R Block's Emerald Card.

Jennifer  Tescher is quoted in this article on prepaid supply chains.  

In the column “Viewpoint: Revamping System Can Be Boon for Unbanked”, CFSI Director Jennifer Tescher and CFSI Fellow Jeff Jaffee encourage regulators to embrace the dual missions of institutional stability and the promotion of underbanked innovations.

Arjan Schütte is quoted in this article, which discusses alternative credit bureaus and the collection of non-traditional consumer data.

Read the entire article.

This article  outlines the work of  CFSI  investee, TIO Networks, and quotes  Arjan Schütte, Associate Director of CFSI.

In her column for American Banker, “Viewpoint: Savings Bonds Ought to Make a Comeback,” Jennifer Tescher highlights the role savings bonds can play in providing low-income consumers with a practical savings solution. She also outlines savings bond offerings made by two ...

Jennifer Tescher and CFSI research are quoted in this article, which notes strategies in technology and automation that have made banks more attractive to underbanked consumers.  

Jennifer Tescher, CFSI Director, is quoted in this article, which examines the value of Wal-Mart's new pre-paid debit card.

Jennifer Tescher is quoted in this article, which touches on the differences between subprime and underbanked consumers.

Arjan Schütte is quoted in this article, which notes the emergence of non-traditional credit scoring methods used for risk management.  

This discussion paper summarizes a workshop presented by Jennifer Tescher, director, and Arjan Schütte, associate director, of the Center for Financial Services Innovation.

Visit the Payments Card Center website to view the discussion paper.

The Center for Financial Services Innovation is quoted in this article, published in the Denver Post. 

This article examines possible factors influencing the decision-making processes of the underbanked.  Arjan Schüttte is quoted in this article and a 2005 survey from CFSI, "Getting to Know Underbanked Consumers: A Financial Services Analysis" is referred to in this article, ...

This article discusses the innovative tracks offered at the 3rd Annual Underbanked Financial Services Forum.  It also highlights the conference's featured speakers. View the entire article.

In her monthly column for American Banker, “Viewpoint: Product Innovation: a Balanced Approach,” Jennifer Tescher focuses on innovative products entering the market, as a result of legislative and regulatory responses to payday lending.  Tescher notes how these new ...

CFSI is noted for its equity investment in RentBureau LLC, an Atlanta company that collects data on consumers' rent payment histories and reports alternative credit data. 

In her monthly column for American Banker, Jennifer Tescher positions underbanked consumers as one of the few groups that can provide banks a haven during the credit crunch storm and present opportunities for growth once it has passed.

Published in the Wall Street Journal on 1/4/2008.

CFSI Director Jennifer Tescher and CFSI research is quoted in this article on the US Treasury Department's announcement of The Direct Express debit card, which they plan to introduce for payments ...