Industry Leaders Gather to Discuss Transforming the Financial Services Landscape

  Industry Leaders Gather to Discuss Transforming the Financial Services
  Landscape

Stewart A. Stockdale to Deliver Keynote Address and Welcome Nearly 700
Participants at the 7^th Annual Underbanked Financial Services Forum

Business Wire

SAN FRANCISCO -- June 13, 2012

The Center for Financial Services Innovation (CFSI) today kicks off its 7^th
Annual Underbanked Financial Services Forum gathering more than nearly 700
leaders from a cross-sector of the financial services spectrum to discuss
strategies, partnerships, and products that drive success in this segment.
Stewart A. Stockdale, EVP & President, Global Consumer Financial Services, The
Western Union Company, will give the opening remarks, discussing how to remain
on the cutting edge of financial innovation. He also will shareWestern
Union’s perspective on the underbanked consumer as the company advances into
prepaid, mobile money transfer, and retail locations.

“The underserved consumer market represents a significant new business
opportunity for both new and existing financial providers," said CFSI
President & CEO Jennifer Tescher. "The Forum is the largest gathering of
senior executives focused squarely on this opportunity. It will showcase
dozens of groundbreaking innovations that aim to serve these consumers both
fairly and profitably, effectively linking consumer success with provider
success.”

The Forum will follow four tracks based on CFSI’s Compass Principles,
aspirational guidelines and best practices that serve as standards of
excellence for the financial services industry: Embrace Inclusion, Build
Trust, Promote Success, and Create Opportunity. The topics of payments,
credit, savings, and deposits as they relate to underserved consumerswill be
explored through the lens of these Principles.

The Underbanked Financial Services Forum is the premier event for players
across the financial services spectrum. Attendees get the latest information
from industry experts and on-the-ground case studies, offering the best
strategies and solutions to achieve profitable growth and long-term success.
The Forum also offers an exhibit hall focused on underbanked solutions and a
variety of networking opportunities. As awareness of the potential value and
demographic diversity of the underbanked market continues to grow, the
Underbanked Financial Services Forum remains the single best place to learn
from and connect with industry leaders transforming the financial services
landscape.

The Forum continues through Friday, June 15, and features a wide variety of
guest speakers that reflect the forum’s theme: Spurring Innovation. Creating
Value. Featured speakers include: Deborah Hopkins, Chairman of Venture Capital
Initiatives and Chief Innovation Office, Citi; John Owen, Senior EVP, Consumer
Services, Regions Financial Corporation; David Silberman, Acting Associate
Director, Research, Markets, and Regulations, Consumer Financial Protection
Bureau; Steven Wagner, President, Consumer Information Solutions, Experian.

About CFSI:

The Center for Financial Services Innovation is the nation’s leading authority
on financial services for underbanked consumers.Since 2004, its programs have
focused on informing, connecting, and investing – gathering enhanced
intelligence, brokering and supporting productive industry relationships, and
fostering best-in-class products and strategies. CFSI works with leaders and
innovators in the business, government and nonprofit sectors to transform the
financial services landscape. For more on CFSI, go to www.cfsinnovation.com or
follow us on twitter @cfsinnovation.

Contact:

Media Contact:
CFSI
Maris Bish
Specialist, Marketing and Communications
202.236.1633
mbish@cfsinnovation.com