2012 Assets Learning Conference

Early Learnings from the Financial Capability Innovation Fund

September 20, 2012  11:00 am - 12:15 pm

Room: Delaware A

In 2010, the Center for Financial Services Innovation launched the Financial Capability Innovation Fund to identify, support and evaluate new and improved strategies that deliver positive behavior changes and improved financial outcomes for low-income, financially challenged consumers. Through a competitive request for proposals process which yielded 246 proposals totaling more than $67 million in requests from organizations across 44 states, CFSI selected 5 cutting-edge projects to receive $1.5 million total in grant support. These projects promote financial capability by leveraging technology, applying behavioral economics concepts, and closely combining relevant, timely, actionable and ongoing messaging with access to high-quality financial products and services. This session will highlight what was so cutting-edge about the innovations as well as the early learnings about what works to promote financial capability.


  • Scott Karol, Clarifi (Borrow Less Tomorrow) (Presentation - PDF)
  • Tara Robinson, Mission Asset Fund (Cestas Populares Replication Project) (Presentation - PDF)
  • Peter Rubenstein, Co-opportunity, Inc. (MyBudgetCoach.org)
  • Sarah Gordon, Center for Financial Services Innovation (Moderator) (Presentation - PDF)
 This session is sponsored by the Center for Financial Services Innovation.