Funded through a generous donation from the Citi Foundation, the video offers detailed success stories from customers using prepaid cards, new small-dollar loan products, and in-bank check cashing and second chance accounts, told in their own words. The ...

Conference summary from Innovative Financial Tools for Serving the Underbanked

Co-sponsored by CFSI and the Federal Reserve Bank of Philadelphia

The term underbanked describes the roughly 40 million U.S. households who either do not have ...

CFSI’s first video production CFSI: Innovation in Action is featured on Spotlight on Poverty and Opportunity. Spotlight is an initiative to stimulate national discussion and draw greater attention to the issues of poverty and opportunity during the 2008 elections. Today, ...

The Consumer Financial Protection Agency proposed by President Obama has the potential to be a champion for financial services innovation that promotes greater inclusion of the underbanked.  Unfortunately, the current plan is virtually all sticks and no carrots. While ...

During her opening remarks this morning at the Underbanked Financial Service Forum, Jennifer Tescher premiered The Center for Financial Services Innovation’s first video production, “CFSI: Innovation in Action.”