LOS ANGELES, June 08, 2018 (GLOBE NEWSWIRE) — EMERGE Financial Health Forum — The Center for Financial Services Innovation (CFSI) announced that Dan Schulman, President and CEO of PayPal, has been awarded the first-ever CFSI Financial Health Visionary Award.  CFSI’s founder and CEO, Jennifer Tescher, formally presented the award during a keynote session on June 7th at EMERGE Forum 2018 in Los Angeles.

The CFSI Financial Health Visionary Award recognizes individuals who have shown unparalleled leadership in their pursuit of better financial health outcomes for their customers and communities. It celebrates the critical contributions and impact of key leaders toward building a more accessible and inclusive financial system, and who seek to continue to inspire and encourage other leaders to make financial health a strategic priority. 2018 marks the debut of the award, aligning with CFSI’s support for and recognition of individuals who have embraced financial inclusion as a key business strategy that can drive bottom-line business benefit hand-in-hand with social impact for individuals and small businesses around the world.

“We are thrilled to honor Dan with this inaugural award,” said Jennifer Tescher, founder and CEO of CFSI. “Dan continues to be a committed and consistent advocate for the role of business in improving the financial lives of millions of customers around the world, and is passionate about growing a cohort of financial health leaders. We are grateful for his partnership, proud of the progress we have collectively made, and look forward to the future impact of Dan’s leadership.”

As President and CEO of PayPal, Dan Schulman is focused on transforming financial services to make life easier for billions of people around the world. With his deep experience in payments and mobile technology, Dan is leading PayPal to reimagine how people move and manage money, and how merchants and consumers interact and transact. Prior to joining PayPal, Dan held leadership positions at American Express, Virgin Mobile, Priceline Group, Inc. and AT&T. He is Chairman of the Board of Symantec Corporation and serves on the boards of Flex and Autism Speaks. He’s a Life Member of the Council on Foreign Relations and serves as Co-Chair of the World Economic Forum’s Steering Committee to promote global financial inclusion.

“Democratizing financial services to improve the financial health of people and businesses around the world is one of the greatest challenges and greatest opportunities of our lifetime,” said Dan Schulman, President and CEO, PayPal. “CFSI has been a powerful force for impact in this space, and Jennifer Tescher and the team are tremendous partners and advocates. I am honored to receive this award on behalf of the entire PayPal team, as well as our partners and our customers. Our collective opportunity to drive inclusive economic growth and improve the standing of people and communities around the world has never been greater, and this recognition inspires me to continue to do everything we can to make this vision a reality.”

About CFSI
The Center for Financial Services Innovation (CFSI) is the nation’s authority on consumer financial health. CFSI leads a network of financial services innovators committed to building a more robust financial services marketplace with higher quality products and services, specifically for those who are struggling. Through its Compass Principles and a lineup of proprietary research, insights, and events, CFSI informs, advises, and connects members of its network to seed the innovation that will transform the financial services landscape. For more on CFSI, go to www.cfsinnovation.org and follow us on Twitter at @CFSInnovation.