Breakfast Briefing: Innovation in Secured Credit Cards
Senior Director, Global Financial Inclusion, Visa, Inc.
Early Stage Credit Product Manager, Wells Fargo
Managing Director, CFSI
Over 100 million Americans lack access to high-quality credit, including 45 million "credit invisibles." In this breakfast briefing, CFSI will share results from its brand new research into secured credit cards and how this product can help providers engage new customers and build their credit. The research, done in partnership with Visa, features results from a first-of-its-kind survey of secured card customers, interviews with over two dozen providers, a business model analysis, and a review of innovative in-market solutions, including new opportunities for partnerships between prepaid cards and secured cards.