We’ve been keeping an eye on the Center for Financial Services Innovation, which is backing new ways to promote the financial health of Americans—especially the “underbanked and the underserved, traditionally an overlooked segment of the financial services market.”

A key premise of CFSI’s work is that companies can profitably serve the poor with low-cost financial service products—and help put the bottom-feeding predatory lending industry out of business.

via How a Cutting Edge Effort to Boost Family Financial Stability is Giving Out $3 Million – Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.