By Mimi Joy, Director The use of embedded financial products, the offering of financial services products by nonbanks, increased dramatically during the pandemic. Often seen as a strong customer retention tool, and fueled by an explosion in digital commerce, the integration of payments, credit, and insurance products into digital platforms was a natural for a...

By Corey Stone, Entrepreneur in Residence, Financial Health Network My last post highlighted how those who are trying to buy necessities and pay their bills while keeping their bank balances just above zero are often navigating in the dark when it comes to avoiding overdrafts. Lag times between when payments are initiated and when they...

By Corey Stone, Entrepreneur in Residence, Financial Health Network My last post described the experience of serving cash-strapped consumers who needed to pay their bills at the last minute. Our business gave them a “faster payment” channel (before that term came to refer to next generation ACH). And we charged a small premium ($1 in...

By Corey Stone, Entrepreneur in Residence, Financial Health Network In my introduction to “The Ends of the Month” I described the growing unease I felt in the consumer payments business to which my career had led me. In the ’90s it was an exciting place to be, full of innovations and central to the early...

By Financial Health Network Hamed Shahbazi is the Founder and CEO of Tio Networks, a multi-channel payment solution provider specializing in bill payment services and other financial services through a variety of automated self-serve, retail point-of-sale, mobile and web-based methodologies processing approximately 50M transactions worth roughly $6 billion in payments annually in the United States....