Consorteum Holdings, Inc. (CSRH.OB) Leads Fast Growing Industry
Consorteum Holdings Inc. is considered a non-traditional CFSC (Consumer Financial Services Company). A CFSC is any financial service provider delivering fee-based services, such as check cashing, money transmission, deferred deposit, and bill payment. Traditionally, most such companies are lender based. But many consumers are now looking for convenience-based services beyond the offerings of the lender-based CFSC. This has given rise to one of today’s fastest growing industries, the non-traditional CFSC, targeting consumers who need additional services and convenience. These consumers seek things such as easy access to money through multiple access points. The result has been products such as PayPal,…