CFSI in the News

FinCapDev $100K Demo Day Slated for June 18 in San Francisco

FinCapDev $100K Demo Day Slated for June 18 in San Francisco

 

After Months of Building, Finalist Teams to Present Fully Functioning Personal Finance Mobile Apps to Panel of Expert Judges in Pursuit of $100,000 Prize Purse

 

BOSTON, ...

Posted: May 2013

NBC News: Poverty in America

Jennifer Tescher, President & CEO, was recently quoted in an NBC News article, titled “Poverty in America: Millions of families too broke for bank accounts,” written by Bob Sullivan.  The article tells the story of three individuals, offering a glimpse into ...

Posted: May 2013

Credit Union Times: Credit Unions Well Represented as Service Innovators

CFSI’s Financial Capability Innovation Fund II (FCIF II) was highlighted in the Credit Union Times. FCIF II recently awarded a total of $2.5 million to eight innovative nonprofit-led programs designed to help Americans improve their financial lives. In the article, David Morrison discusses five ...

Posted: May 2013

PYMNTS.com: Four Tech Trends Bringing Payments To The Underbanked

CFSI and Core Innovation Capital’s new report Financial Technology Trends in the Underbanked Market, which benefited from strategic input and financial support from Morgan Stanley, was featured on PYMNTS.com in a recent article by Ben Carsley. An emerging industry of financial ...

Posted: May 2013

Compass Principles Highlighted in Center for American Progress Study

In their recent report, “The End of Cash: The Rise of Prepaid Cards, Their Potential, and Their Pitfalls,” the Center for American Progress examines the future of prepaid cards after the government marked “the end of cash” by no longer making ...

Posted: May 2013

Gordon Reviews CFSI’s Recent Hill Event on CFED’s The Inclusive Community

by Sarah E. Gordon

Sarah Gordon, Vice President, Advisory Services and Nonprofit Investments, was a recent guest contributor for CFED’s blog, The Inclusive Community. In her post, “CFSI Gathers Market Leaders to Discuss Successful Underbanked Strategies,” Gordon highlighted CFSI’s recent activities, including the Financial Capability Innovation Fund ...

Posted: May 2013

Technology Startups Creating New Wave of Development and Innovation for Consumers

Technology Startups Creating New Wave of Development and Innovation for Financially Underserved Customers 

Research Identifies Social Media and Big Data as Key Innovations Improving Financial Access and Tools for the Underbanked

 

New York, NY – (May ...

Posted: May 2013

Congressmen Hinojosa and Stivers Gather Financial Services Leaders, Nonprofit Innovators, and Experts to Conclude Financial Capability Month

Congressmen Hinojosa and Stivers Gather Financial Services Leaders, Nonprofit Innovators, and Experts to Conclude Financial Capability Month

 

Washington DC - (April 30, 2013) – The Center for Financial Services Innovation (CFSI) will convene policymakers, regulators, consumer advocates, and ...

Posted: April 2013

Nonprofit-led Programs Exemplify Effective Approaches to Building Financial Capability

Nonprofit-led Programs Exemplify Effective Approaches to Building Financial Capability

Learnings from Recent Innovations Aid in the Effort to Shape Consumer Behaviors

 

Chicago, IL and Washington DC - (April 29, 2013) - The Center for Financial ...

Posted: April 2013

The Center for Financial Services Innovation Awards $2.5 Million to Promote Financial Capability

The Center for Financial Services Innovation Awards $2.5 Million to Promote Financial Capability 

CFSI’s Grant Fund Supports Eight Innovative Nonprofit-led Programs Designed to Help Americans Improve Their Financial Lives

Chicago, IL - (April 23, 2013) – Today, the Center ...

Posted: April 2013

Diverse Views of Financial Services Industry Offered by New Voices at Underbanked Forum

Diverse Views of Financial Services Industry Offered by New Voices at Underbanked Forum 

Attendees to Gain Access to Perspectives on Consumers’ Financial Health and Innovations from Across Financial Services Marketplace

 

Chicago, IL - (April 22, 2013) - The ...

Posted: April 2013

Tescher Discusses FinCapDev Competition on Citi Blog

by Jennifer Tescher

Tescher Discusses FinCapDev Competition on Citi Blog

Jennifer Tescher, President & CEO, CFSI, and Brandee McHale, Chief Operating Officer, Citi Foundation, coauthored a recent post on Citi Blog about harnessing technology to improve financial capability for households at all ...

Posted: April 2013

Video From Schneider's "Kitchen Table Economics" Available

On April 16, 2013, Rachel Schneider, Senior Vice President, Insights & Analytics, spoke on a panel titled "Kitchen Table Economics" at the Washington Post. Schneider emphasized the importance of technology and social networks in building financial ...

Posted: April 2013

Hogarth Quoted in Article on Retail Stores Offering Financial Services

McClatchy Newspapers: Big-Box Stores Offering Loans, Other Financial Services

Jeanne Hogarth, Vice President of Policy was quoted in a recent article by Lindsay Wise titled “Big-Box Stores Offering Loans, Other Financial Services.” The article looks at the growing number of major retail ...

Posted: April 2013

CFSI Celebrates Financial Capability at the NYSE Euronext

CFSI celebrated Financial Capability Week at the NYSE Euronext on April 17, 2013 with a special program, and participated in the closing bell ceremony. CFSI invited partner D2DFund and four finalist teams of the FinCapDev Competition to join in the ceremony. ...

Posted: April 2013