Publications  |  Innovators Showcase

CFSI Roundtable participant Visa announced the first phase of a national marketing campaign to raise consumer awareness about the benefits of using reloadable prepaid debit cards instead of cash for purchases. In particular, the campaign is designed to reach financially underserved consumers ...

CFSI Roundtable participant Green Dot Corp.'s initial public offering will be a major milestone for the prepaid card market regardless of the company's ability to reach its recently disclosed price targets. The deal signals that the prepaid card is a "product that ...

With direct access to and trusted relationships with underbanked consumers, nonprofit organizations are uniquely positioned to help advance the financial services marketplace in serving this important consumer segment.  Through its 2008 Nonprofit Opportunities Fund, CFSI provided grants to five groundbreaking nonprofit-led ...

CFSI Investee Progreso Financiero, a pioneer in helping underbanked Hispanic families build credit and gain access to mainstream financial services, announced that it has secured a $28 million Series D round of financing from Madrone Capital and Greylock Partners, with additional commitments ...

Pacific Gas & Electric Co. customers soon will be able to pay their utility bills with Apple Inc.’s iPhone as part of a pilot the San Francisco-based utility agreed to with bill-payments expediter and CFSI investee Tio Networks Corp. Once the service ...

CFSI Roundtable participant Sears has been testing new financial centers targeting the underbanked where consumers can go to cash checks, wire money, and pay bills in eight Kmart locations, one of their holding companies. Both Sears and Kmart offer store-branded credit cards, ...

SABEResPODER, the leading provider of comprehensive and culturally relevant educational media solutions for Spanish-dominant Latinos in the United States, is joining forces with their first-ever automotive partner, Ford Motor Company, and their Hispanic agency of record, Zubi Advertising, to develop ...

Innovators Roundtable participant Green Dot announced plans to sell up to $150 million in stock through an initial public offering. Green Dot makes reloadable prepaid debit cards that are sold and can be reloaded in major U.S. chain stores like Wal-Mart Stores Inc. ...

CFSI Grantee Credit Builders Alliance is featured in a new short documentary "Pursuit of the Dream: Building Credit for Life." The film is targeted at working families who are trying to build financial stability and the importance of a credit score in that ...

CFSI Roundtable participant Walmart is rolling out with new low-cost option for cashing checks in Connecticut.  Bringing Walmart prices to Connecticut consumers could mean significant savings for those cashing larger checks, such as tax refunds, when compared to other ...