In this month's American Banker article CFSI President and CEO, Jennifer Tescher, reviews the crticisms against finance guru Suze Orman's Approved Card. The two main complaints have been fees and whether Orman can be trusted. Tescher walks through these concerns in plain ...

In this month's American Banker article, CFSI President and CEO, Jennifer Tescher, describes the struggles of cash flow and fragmentation of financial services that a typical underbanked consumer faces, specifically concerning direct deposit, check cashing and rent payment. She points out innovative products like PayPerks and Chexar, ...

With many institutions increasing fees in attempts to shed unprofitable customers, some financial institutions are taking a step in the opposite direction.

With a large percentage of bank customers using financial services from a non-bank, the opportunity to reach underserved consumers is evident. Kimberly ...

This month, CEO and President of CFSI, Jennifer Tescher, concentrates on the Redefining the Underserved Consumer in her American Banker article. 

With new talk about checking account fees and their impact on the financially underserved, there has been little focus on actual consumers. Tescher reminds ...

This month, CEO and President of CFSI, Jennifer Tescher, concentrates on the Compass Principles in her American Banker article.

Despite a raft of new regulations and capital requirements designed to protect consumers and strengthen banks, consumer confidence in financial institutions continues to plummet. ...

CFSI Policy Analyst David Newville talks about the need for prepaid cards to have clearer fee disclosure requirements, and ideally a ‘Schumer Box’-type model, in this BAI article.

According to research released earlier this year by the Pew Health Group, ...

In this month's American Banker article, CFSI President and CEO Jennifer Tescher comments on how the Federal Reserve’s new interchange rules have affected the prepaid debit card market. The new laws will make it even tougher for underserved consumers to gain access ...

In this BAI article, Arjan Schutte, Managing Partner of Core Innovation Capital, explains how his proposed TRUST system for evaluating short-term loans could help to end the partisan conflicts between consumer lenders, consumer advocates, regulators and innovators who will never be able ...

In this Paybefore.com article, CFSI's Vice President, Policy, Melissa Koide, comments on consumers’ needs for and technological advances in prepaid cards.  Recent remarks from Federal Reserve Board Governor Sarah Bloom Raskin’ and other Fed comments and rules suggest that the Fed recognizes ...