Post Tagged with: "CFSI"

Are Personal Finance Apps Old News?

Are Personal Finance Apps Old News?

by May 16, 2016 at 12:09 pm 0 comments

Personal finance management and investment apps — Level Money, Acorns and the like — have gained popularity among millennials, who seem to enjoy the added control over their finances through smartphones. But on the investor side, the hype over these apps is cooling off, according to Tanya Ladha, senior manager atRead More

Breaking Banks: Why Boring Innovation Isn’t Bad [AUDIO]

Breaking Banks: Why Boring Innovation Isn’t Bad [AUDIO]

by March 11, 2016 at 12:06 pm 0 comments

Ron Shevlin, director of research with Cornerstone Advisors, stood in as host of Breaking Banks yesterday and discussed financial wellness with Ryan Falvey and Rachel Schneider of CFSI. He also spoke with James Gardiner, CTO of Spigit, who noted innovation can sometimes be boring, and that’s actually a good thing. But theRead More

Diverse Perspectives

Diverse Perspectives

by April 17, 2014 at 6:25 pm 0 comments

I go to more conferences than are good for me.  And if you’re like me, you don’t attend many sessions, and you meet with the same cast of characters.  I have two suggestions on breaking those rules.  If you read this blog, I’d argue there are two must-do conference on your calendar: Money2020 (in October) […]

BetterHaves Wins FinCapDev’s $50,000 Grand Prize

BetterHaves Wins FinCapDev’s $50,000 Grand Prize

by June 19, 2013 at 10:55 am 2 comments

BetterHaves, a budgeting tool for couples, has won FinCapDev’s $50,000 grand prize, it was announced last night. The BetterHaves team, led by Ital Leibowitz, beat out 12 other teams in the competition, which kicked off in October 2012. Downpayment Saver and Thrifty Bunch were runners-up, each receiving a $20,000 prize.Read More

Let’s Halve the $78b Spent by the Underbanked on Fees and Split the Difference

Let’s Halve the $78b Spent by the Underbanked on Fees and Split the Difference

by November 4, 2012 at 4:05 pm 0 comments

People generally assume serving the underbanked is a noble thing to do.  And it is, if you do it right.  You can make an incredible difference in the lives of a quarter of the US population by providing them with better tools with which to spend, borrow, plan and save.  Check out CFSI’s Compass Principles […]

More than one in four Americans are Unbanked or Underbanked

by September 12, 2012 at 2:03 pm 0 comments

The FDIC updated its 2009 figures (based on 2008 Census data) of who uses what kind of basic financial services and released them yesterday.  It’s not just any four years later, but marks a period that represents significant change in the economy and individual American’s lives.  What did we learn?  Basically, there are more people […]

The most prized ideas

The most prized ideas

by July 2, 2012 at 11:42 pm 0 comments

A couple weeks ago, at the Underbanked Financial Services Forum, we asked people for big, wild ideas for serving the underbanked: our portfolio companies showed their strength to standing-room-only crowds, four companies battled in the Core Challenge, a modest group of Tweeters threw caution to the wind, and the largest group of underbanked experts voted […]

Compass Principles: Moving in the Right Direction

Compass Principles: Moving in the Right Direction

by June 6, 2012 at 6:20 am 0 comments

My partner in crime, Jennifer Tescher, who runs the Center for Financial Services Innovation, is leading a bold movement to increase quality in consumer finance.  High time!  Here’s what she has to say: Given the high level of consumer confusion and distrust, the Center for Financial Services Innovation (CFSI) set out in 2011 to create a higher […]