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CFSI Underbanked Consumer Study Initial Results

July 8, 2008 1:00-2:00pm CST/2:00-3:00pm EST- Register now for this FREE webinar!

On June 8, the Center for Financial Services Innovation released the initial results of its Underbanked Consumer Study at the 3rd Annual Underbanked Financial Services Forum.  Since then CFSI has heard and seen tremendous interest in the results. 

If you missed the workshop or have more questions, now’s your chance to participate in an interactive webinar presentation of the results!  We’ve lined up the same pre-conference workshop speakers to give a shortened 1-hour version of the study release presentation to the CFSI webinar audience and to answer your questions.  In this special webinar, presenters will reveal and discuss:

  • Eight unique consumer segmentations
  • Credit scores and credit perception
  • Financial service provider usage and preferences
  • High-level demographic details of this unique population

Presenters:

Michael Herrmann, Research Director
Center for Financial Services Innovation

Gary Warech, Senior Vice President Business Development
Experian Consumer Research


Posted: July 8, 2008

CFSI Announces Nonprofit Opportunities Fund Grant Awards

CFSI announced the grantees its 2008 Nonprofit Opportunities Fund at the 3rd Annual Underbanked Financial Services Forum on June 10, 2008 in Miami, Florida.  CFSI selected the following four innovative nonprofit organizations to receive support totaling more than $1 million for projects that provide improved financial services and asset-development opportunities to underbanked consumers:  Alliance to Develop Power’s Worker Center Collaborative, Center for Community Self-Help, Doorways to Dreams Fund (D2D), and Mountain Association for Community Economic Development (MACED).  The Nonprofit Opportunities Fund was created by a $2 million grant from the Wal-Mart Foundation.

Read the entire press release

Posted: June 2008

CFSI Releases the Initial Findings of their Segmentation Study of the Underbanked

Center for Financial Services Innovation (CFSI) has released the initial findings of its groundbreaking national segmentation study of the underbanked market at the 3rd Annual Underbanked Financial Services Forum, continuing through Tuesday, June 10th, in Miami.  The CFSI Underbanked Consumer Study defines eight underbanked consumer segments and uncovers new facts about these consumers’ preferences and attitudes about financial services.   

Read the entire press release

Read the CFSI Underbanked Consumer Study Fact Sheet

Posted: June 2008