Press Release Archive

NASA Astronaut Speaks to Filene Research Institute Partner Credit Unions

MADISON, WI, November 17, 2011 – Only a few people ever achieve liftoff of the astronautical kind, and one of them spoke last week to the group that is turning the Filene Research Institute i3 innovation LIFT into reality.

LIFT is being tested ...

Posted: November 2011

CFSI’s Exchange Sends Participants to Various Financial Services Providers to Spur Innovation

CFSI’s Underbanked Solutions Exchange Sends Participants to Various Financial Services Providers to Spur Innovation and Consumer Insights, Welcomes Three New Institutions  

Chicago, IL- November 15, 2011 –The Center for Financial Services Innovation (CFSI) today commenced a gathering of leaders ...

Posted: November 2011

60 Million Underbanked Consumers Generated $45 Billion in Revenue in 2010

60 Million Underbanked Consumers Generated $45 Billion in Revenue in 2010 Reveals New Data from Core Innovation Capital and the Center for Financial Services Innovation

 

New market size data released today demonstrates a need for new products and services to serve the ...

Posted: November 2011

CFSI Hosts Inaugural Workshop of the Financial Capability Institute

October 2011 | IL

 Chicago, IL- November 1, 2011 –The Center for Financial Services Innovation (CFSI) today commenced the inaugural workshop for the Financial Capability Institute, sponsored by the Citi Foundation. The goal of the Institute is to build a pipeline of high-performing, well-positioned nonprofits that ...

CFSI Convenes Nonprofit and Industry Innovators to Spur Underserved Innovation

FOR IMMEDIATE RELEASE

CFSI Convenes Nonprofit and Industry Innovators to Spur Underserved Innovation

Exclusive Joint Meeting Designed to Share Knowledge, Promote Cross-Sector Innovation

NEW YORK, NY- October 4, 2011 –The Center for Financial Services Innovation (CFSI) today commenced the Financial Capability Innovators Development ...

Posted: October 2011

CFSI Commences Marketplace Conversation about Quality in Financial Services

The initiative envisions a future in which the U.S. financial services marketplace actively contributes to improving peoples’ lives, and delivers sustainable value to all consumers and providers.

September 22, 2011 (Chicago, IL) —Today, the Center for Financial Services Innovation (CFSI) announced the public ...

Posted: September 2011

CFSI Convenes Innovators for the First Bay Area Financial Capability Development Lab

Center for Financial Services Innovation Convenes Innovators for the First Bay Area Financial Capability Development Lab in Collaboration with Charles Schwab Bank and Charles Schwab Foundation

Two-day session aims to advance local strategies to spur behavioral changes and improve financial outcomes for ...

Posted: September 2011

Reaching Underbanked Consumers Through Mobile Services

San Francisco, California Aug 2011

"Reaching Underbanked Consumers Through Mobile Services."

Report Published by CFSI and Celent

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 ...

Posted: August 2011

CFSI outlines policy recommendations that would improve consumer protections on prepaid cards

FOR IMMEDIATE RELEASE

CFSI outlines three policy recommendations that would improve consumer protections on prepaid cards

Washington DC (July 21, 2011)- On the day the Consumer Financial Protection Bureau (CFPB) officially opens its doors for business, the Center for Financial Services Innovation released ...

Posted: July 2011

CFSI announces the Compass Principles

Compass Principles - an initiative to help the financial services industry define its values and translate them into high-quality practices

New Orleans, LA (June 9, 2011) – The Center for Financial Services Innovation (CFSI) President & CEO Jennifer Tescher introduced an ...

Posted: June 2011

GoalMine Announced as Winner of The Core Underbanked Innovators Challenge

GoalMine received $10,000 for their facilitation of a consumer investment with as little as $25

New Orleans, LA (June 9, 2011)- Core Innovation Capital (Core) announced GoalMine as the best new product or service innovation for the un- and underbanked in ...

Posted: June 2011

MICHAEL JOSEPH OF SAFARICOM KICKS OFF UNDERBANKED FORUM

WITH STRATEGIES FOR SUCCESSFUL MOBILE BANKING

Prior to The Forum, The Underbanked Solutions Exchange Meets to Welcome New Sponsor and Discuss Quality Financial Services

New Orleans, June 8, 2011–The Center for Financial Services Innovation (CFSI) begins its 6th Annual Underbanked Financial Services ...

Posted: June 2011

Center for Financial Services Innovation Launches Consulting Practice

CFSI forms team of experts to guide strategy, development and execution in the Underbanked marketplace

Chicago, IL (May 26, 2011)- The Center for Financial Services Innovation today announced the launch of their CFSI consulting practice to define strategies, deliver insights, develop and launch ...

Posted: May 2011

Living Day-to-Day: New Study to Reveal How Low-Income Americans Use Financial Products

The first detailed financial study of its kind in the U.S. will help financial institutions, government, and nonprofits develop solutions to better meet the needs of low-income Americans.

(New York, May 24, 2011) Today, the Financial Access Initiative (FAI) at New York University’s ...

Posted: May 2011

Five Suggestions for how the asset-building field can respond to current trends

Five Suggestions for how the asset-building field can respond to current trends in the financial services industry

CFSI releases it latest research paper: The Future of Financial Services: Recommendations for Asset Building

April 28, 2011- Chicago, IL— The Center for Financial Services Innovation ...

Posted: April 2011

CFSI to Ring the Closing Bell at the NYSE to Celebrate Financial Literacy Week

Financial Capability Innovation Fund Grantees and Funders to join CFSI’s Jennifer Tescher and Sarah Gordon on the bell podium.

Posted: April 2011

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