Cfsi news and trends

JPMC’s FinLab Launches $3M Contest For FinTech Startups
Fintech Investments // March 01, 2018

To help identify FinTech products that may improve the financial health of underserved populations in the U.S., the Financial Solutions Lab (FinLab) launched its fourth annual $3 million challenge. The lab focuses on products that meet the financial needs of overlooked populations, JPMorgan Chase said...

Analysts Pinpoint Payroll Cards’ Weaknesses (And Surprising Strengths)
B2B Payments // May 04, 2017

The payroll card industry is far from immune to controversy. Especially in recent years, regulators have eyed the space amid waves of criticism over high fees associated with the cards or a lack of education given to employees about the payroll tool. With an estimated...

Fiserv, CFSI, CBA Talk Consumer Financial Health
Banking // December 14, 2016

The U.S. may have the strongest economy in the world, but resent studies suggest that the country’s consumers are desperate for healing when it comes to their financial health. But where should they go for help? PYMNTS hosted a digital discussion with industry experts to...

For Underbanked, Higher Fees And Auto Payments
Consumer Finance // November 21, 2016

There are 67 million adults in the United States who are part of the “underserved” market, and those individuals, who do not have bank accounts, paid as much as $141 billion in fees for various financial products last year. Those are among the findings of...

Quick Reads
JPMC’s FinLab Launches $3M Contest For FinTech Startups

March 01, 2018
To help identify FinTech products that may improve the financial health of underserved populations in the U.S., the Financial Solutions Lab (FinLab) launched its fourth annual $3 million challenge. The lab focuses on products that meet the financial needs of overlooked populations, JPMorgan Chase said in an announcement. Applicants to the challenge are asked to […]

For Underbanked, Higher Fees And Auto Payments

November 21, 2016
There are 67 million adults in the United States who are part of the “underserved” market, and those individuals, who do not have bank accounts, paid as much as $141...