Underbanked consumers need minute-to-minute information about their finances, and mobile financial services (MFS) are well suited to deliver it. Although these consumers often have insufficient access to financial services, their access to mobile phones is fairly widespread. This disparity suggests a large ...

CFSI recognized the potential growth of the secured card market and led a consumer research study on secured card products, conducted with MasterCard and Blue Flame Consulting. CFSI created a series of inBriefs to highlight a number of key findings from the ...

All kinds of organizations and institutions play influential roles in the lives of young people. This presents these organizations with an opportunity to promote the development of young peoples' financial capability. Click below to download the research paper and accompanying inBrief. Depending ...

CFSI recognized the potential growth of the secured card market and led a consumer research study on secured card products, conducted with MasterCard and Blue Flame Consulting. CFSI created a series of inBriefs to highlight a number of key findings from the ...

In the wake of the recent financial crisis, American households have shown greater interest in improving their financial management skills to help them endure the weakened economic environment. A study conducted by Mintel Comperemedia in October 2009 found that 75% of American ...

Presented at the Harvard Joint Center on Housing Symposium

Almost one-third of the 30 million U.S. households who are unbanked or underbanked borrow to pay for small-dollar, short-term needs. Though loans are typically obtained through payday lenders, rent-to-own centers, refund anticipation lenders, or ...

As the economy rebounds, one solution for financial success lies in consumers ability to take responsibility for their finances through behavior changes as well as increased financial knowledge.  CFSI proposes, in a new research paper from CFSI sponsored by the Citi Foundation, ...

Millions of lower-income consumers lack access to high-quality financial products and services that simultaneously meet their short-term needs and prepare them for long-term financial success. Dramatic changes in technology, demography and the structure of the financial services industry provide new ...

The CFSI inBrief, “Preferences and Usage of Financial Services Providers,” is the newest and latest data released from the CFSI Underbanked Consumer Study. This inBrief takes a deeper look at how consumer usage of financial services providers measures up to their preferences. ...