News | Press Releases

CFSI comments on U.S. Treasury Department’s Launch of Tax Time Debit Card Program

The Center for Financial Services Innovation (CFSI) today issued a statement commending the U.S. Treasury’s announcement of a 2011 pilot program to test the delivery of tax refunds via debit card accounts. The pilot program, which was deeply informed by CFSI’s SAFE-T Accounts ...

Posted: September 2010

CFSI Launches New Grant Fund to Promote Financial Capabilities among Underserved Consumers

CFSI to support ground-breaking projects designed to move the financial education field forward.

CHICAGO, IL September 1, 2010- The Center for Financial Services Innovation (CFSI) launched the Financial Capability Innovation Fund to provide grants and technical assistance to promising nonprofit-led projects designed to ...

Posted: September 2010

President signs Financial Reform Bill, Establishes Loan Loss Reserve Fund

Fund will expand the availability of safe and affordable small-dollar consumer credit

Washington, DC July 21, 2010- The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law by President Obama today, creates a Loan Loss Reserve Fund for small-dollar, consumer ...

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Posted: July 21, 2010

Center for Financial Services Innovation Advocates for an Exclusion from Interchange Rules for Prepaid Cards

Chicago, June 17, 2010 – The Center for Financial Services Innovation (CFSI) issued a statement today on the specific language in the Financial Regulatory Reform bill that would regulate interchange fees, recommending prepaid cards – including government benefits cards, general purpose prepaid ...

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Posted: June 2010

Center for Financial Services Innovation to Lead the Creation of Industry-Wide Principles

President Bill Clinton Encourages Growth and Progress within the Financial Services Industry

MIAMI, June 10, 2010 – Jennifer Tescher, Director of Center for Financial Services Innovation (CFSI), announced this ...

Posted: June 2010

Co-creator of Twitter Kicks Off Forum to Premier Latest Innovations Serving Underbanked Consumers

Underbanked Solutions Exchange to meet and welcome newest participants

MIAMI, June 9, 2010 – The Center for Financial Services Innovation (CFSI) begins its 5^th Annual Underbanked Financial Services Forum today with Jack Dorsey, the co-founder of ...

Posted: June 2010

CFSI Innovators Roundtable Convenes in Chicago, Welcomes Sears

March 10, 2010 | IL

Collaboration of Industry Leaders Drives Change

inthe Financial Services Sector

CHICAGO, March 10, 2010 – The Center for Financial Services Innovation kicks off the first 2010 Innovators Roundtable today with a new participating company at the table and an agenda ...