CFSI in the News

Innovators Roundtable Convenes in Charleston, S.C

April 2013 | SC

 Innovators Roundtable Convenes in Charleston, S.C.

Group Welcomes Fiserv and JPMorgan Chase and Explores H&R Block’s Groundbreaking Pilot Program

CHARLESTON, S.C. - (April 16, 2013) - The Center for Financial Services Innovation (CFSI) today commenced the first Innovators ...

2 pp.   

Bloomberg: Plastic- Shy Young in U.S. Spur Move to New Credit Data

Rachel Schneider, Senior Vice President, Insights & Analytics, was quoted in a recent article in Bloomberg.  The piece, written by Jeanna Smialek, discussed the downward trend in credit card use among young adults and the implications of this movement on the way ...

Posted: April 2013

Core Innovation Capital Extends Deadline for the Core Innovators Mega Challenge

Core Innovation Capital Extends Deadline for the Core Innovators Mega Challenge

April 14, 2013 Set as Final Date to Nominate Financial Services Innovators

Chicago, IL and Los Angeles, CA - (April 8, 2013) - Core Innovation Capital (Core) announced ...

Posted: April 2013

Fresh Ideas for an Emerging Market- Conference Brochure Now Available

Year after year, the Underbanked Financial Services Forum provides an opportunity for a multitude of players to showcase their successes, and their challenges. CFSI is proud to convene provocative speakers, stellar panels, and engaging entrepreneurs who share a focus on innovative, high-quality financial products ...

Posted: April 2013

Wall Street Journal: After Years of Growth, Banks Are Pruning Their Branches

President & CEO, Jennifer Tescher spoke with Robin Sidel at the Wall Street Journal to discuss the impact of recent branch closings on consumers around the United States. In the article, “After Years of Growth, Banks Are Pruning Their Branches,” Tescher ...

Posted: April 2013

U.S. Government Move to Electronic Payments Advances Financial Capability

U.S. Government Move to Electronic Payments Advances Financial Capability 

Study Reveals Importance of Product Choice and Functionality

WASHINGTON DC - (March 28, 2013) - The Center for Financial Services Innovation (CFSI) and Hudson Institute released Double Duty: Payments Cards ...

Posted: March 2013

Industry Leaders to Explore Marketplace Innovations at 8th Annual Underbanked Financial Services Forum

Industry Leaders to Explore Marketplace Innovations at 8th Annual Underbanked Financial Services Forum

Over 750 Executives and Entrepreneurs to Exchange Fresh Ideas for an Emerging Market

Chicago, IL and New York, NY – [March 26, 2013] – The Center for ...

Posted: March 2013

Stanford Social Innovation Review: Improving Household Balance Sheets

CFSI was featured in a recent Stanford Social Innovation Review article featuring the Citi Foundation and its shift in helping teach low-income families about money from classroom-based learning programs to a learn-by-doing approach. According to a 2008 CFSI study, low-income families need ...

Posted: March 2013

Jeanne Hogarth Live on C-SPAN2

Jeanne Hogarth, Vice President of Policy, CFSI, spoke March 1 at "The End of Cash" at the Center for American Progress, March 1 at 12:00 P.M. EST, which was broadcast live on C-SPAN2.

Beginning ...

Posted: March 2013

Bank Systems and Technology: Technology the Key for Reaching the Underbanked

CFSI was mentioned in Bank Systems & Technology: Technology the Key for Reaching the Underbanked, as underbanked are turning to mobile banking in order to pay bills, manage accounts, and to reestablish credit. With a 4% greater access than the average American to mobile and ...

Posted: February 2013

Video from Tescher Speaking at "Promising Pathways" in St. Louis

President & CEO, Jennifer Tescher, spoke at "Promising Pathways to Wealth Building Financial Services" at the Federal Reserve Bank of St. Louis in October 2012.
Video from her introductory talk about the underbanked market can be found here on the Federal ...

Posted: February 2013

Economist: Finance and The American Poor, Margin Calls

CFSI's study, A Complex Portrait-An Examination of Small-Dollar Credit Consumers, is referenced in a recent article of The Economist. The article explores the limited financial options for 17 million underbanked American Adults. Research from the Center for Financial Services ...

Posted: February 2013

Tescher Speaks on Marketplace- American Public Media

Jennifer Tescher, President & CEO, spoke on Marketplace, American Public Media, aired on WBEZ on February 6, 2013. In the segment, Tescher mentions the significant innovation in the market to serve the underbanked because people and organizations are recognizing the opportunity. While ...

Posted: February 2013

FinCapDev Announces 13 Finalist Teams to Build Next Generation of Financial Capability Mobile Apps

FinCapDev Announces 13 Finalist Teams to Build Next Generation of Financial Capability Mobile Apps 

Technical Resources and Monetary Support Available as Finalists Begin Pursuit of $100,000 Prize Purse; Innovators Seek Opportunity to Help Working Americans Make Smart Financial Choices ...

Posted: February 2013

Wired: Tescher Comments on Green Dot's GoBank App

 

President & CEO, Jennifer Tescher was recently referenced in Wired Magazine commenting on Green Dot’s unveiling of their mobile app: GoBank. The creation of this app was with conscious efforts to push mobile banking forward, in which consumers rely on their mobile phones to ...
Posted: January 2013