The Center for Financial Services Innovation Survey
Type: Research
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Over half of the respondents represented banks (57 percent) and about one sixth represented credit unions (16 percent). Other respondents offer ATM, debit, credit, or smart cards or perform transactions and process payments. In addition, there was strong international attendance at the preconference session. Of all the respondents, 43 percent target the underbanked market in some way with 16 percent primarily targeting the underbanked market. Over one-third (35 percent) indicated that they do not currently target this market, but may in the future.
They were surveyed concerning the following topics:
- Products for the Underbanked
- Obstacles in Serving the Unbanked
- How Can CFSI Help?
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