Episode 52 – Innovation for the Underserved – FinLab
Bringing payments and financial services to those of us with a tenuous connection to the banking system is the goal of the Center for Financial Services Innovation. FinLab, a joint effort by the CFSI and JPMorgan Chase, is a five year effort, now in its third year, that’s using a competition for funding and business support to broaden American financial services options.
When nearly half of Americans don’t have $400 ready money, better financial management tools can help. Join FinLab’s Managing Director, Ryan Falvey and Glenbrook’s George Peabody as they discuss the FinLab mission, its process, successes, and what Ryan hopes to see next.