Financial security

For immigrant journalists, it is often about pursuing their passion OR seeking financial security

Although a career in journalism has not always been a financial goldmine for its practitioners, immigrant journalists in Canada face systemic barriers that can make it an even more precarious endeavor. The average salary of a journalist, according to various online calculators, is between $45,000-$65,000. It is more or less in line with the average […]

Financial literacy

Edo starts week-long entrepreneurship and financial literacy training for MSMEs

The Edo State Government is hosting a week-long workshop on Entrepreneurship and Financial Literacy for Micro, Small and Medium Enterprises (MSMEs) in the state. The training is organized by the Edo State Ministry of Industry, Trade and Cooperatives in partnership with the German development agency, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). According to the Permanent […]

Financial literacy

Florida schools wonder how a half-credit financial literacy course will fit into their schedule

Florida high school students will eventually need to learn about finances to graduate. Governor Ron DeSantis has signed a bill mandating a semester-long course in personal financial literacy and money management. “If they choose the college, postgraduate, whatever route, they’re still going to need those skills,” DeSantis said at a bill signing event at a […]

Financial security

Why putting women in charge of their own financial security pays dividends

How breast cancer screening became part of a business loan CARE’s Ignite program supports women entrepreneurs looking to grow their businesses by providing much-needed access to finance, technology and networks, and building entrepreneurial capacity and skills. To do this, we work with our local partners to develop products and services tailored to their specific needs. […]

Financial security

OneMain Financial brings credit and financial security to underserved communities

Diving into the underexplored realm of social finance for consumer lending, OneMain Financial launched a social bond program to serve the financially underserved across the United States. Environmental financing: Why did OneMain decide to launch into social finance with the issuance of its first social bond? Micah Conrad, Chief Financial Officer of OneMain: OneMain’s decision […]

Financial literacy

Pinellas County students learn the value of financial literacy

PINELLAS COUNTY, Fla. — Governor Ron DeSantis recently signed into law a law requiring high school students to take a financial literacy course before graduating. Some schools in the Tampa Bay area are already ahead of the state. Schools like Northeast High School in St. Petersburg have been teaching students the value of money and […]

Financial institutions

US Financial Institutions Compliance Training Market Growth of $1.22 Billion

Compliance Training Market for Financial Institutions in the United States: Pilot Growing need for qualified employees is driving the growth of the market. The demand for employees with advanced skills such as analytics and advanced algorithms has increased significantly over the past few years due to globalization and rapid industrialization. Financial institutions in the United […]

Financial institutions

Quantalytix Unveils Enterprise Banking Software for Community Financial Institutions

BIRMINGHAM, Alabama–(BUSINESS WIRE)–Quantalytix, the provider of cloud-based enterprise banking management (EBM) software for community financial institutions, today announced the availability of its loan portfolio management platform for community financial institutions. The brainchild of two former community bankers, the platform breaks down legacy silos, turns data into actionable insights, and equips institutions with powerful real-time intelligence […]

Financial security

Increasing financial security, helping people live healthier lives, and advancing sustainable investing

“We are proud of our sustainability achievements over the past year, all achieved in the context of an ongoing pandemic and global health crisis,” said Alanna Boyd, Senior Vice President and Chief Sustainability Officer. “Our work builds on our purpose and contributes to a more inclusive and sustainable future. Our efforts have had a significant […]

Financial literacy

Financial Literacy Course Now Mandatory in Florida High Schools – The Famuan

“Students will learn the importance of money management through a financial literacy course.” Photo courtesy; Tampa Bay Weather Starting in fall 2023, high school students in Florida must pass a financial literacy course to graduate. Last week, Governor Ron DeSantis signed a bill requiring high school students to take a financial literacy course before they […]

Financial institutions

Nuggets Pilots Verified Self-Sovereign Digital ID Solution with 150 Financial Institutions

Nuggets, a multi-award-winning self-sovereign identity (SSI) and payment platform used by LexisNexis Risk Solutions, MyIdentity, LatPay and many others, today announced a pilot of its identity solution self-sovereign digital verified with a network of 150 global financial institutions that make up the new Global Assured Identity Network (GAIN). GAIN’s mission is to create a verifiable, […]

Financial literacy

Financial Literacy in Tennessee Colleges | News

A Tennessee law is pending to mandate financial literacy classes in public schools. House Bill 2294, which was filed for introduction earlier this year. This aims to teach high school students basic financial skills such as budgeting, saving, and investing. The bill will impact students in grades six through eight by making the course a […]

Financial security

68% of Bangalore residents say life insurance provides financial security in old age – A new survey from the Life Insurance Council

Life Insurance Council Survey Photo: Times Now HIGHLIGHTS Nearly 3/4 of respondents ranked life insurance among the three most important financial instruments, followed by savings bank account 58% of respondents living in the South believe that life insurance will help their family in the event of sudden death while 57% believe that life insurance will […]

Financial plan

Rock Hill, SC executives agree to county financial plan to keep Panthers facilities on track

ROCK HILL, SC (WBTV) – City of Rock Hill leaders agree with York County’s agreement to keep the Carolina Panthers’ training facility and headquarters on track. Earlier this month, construction at the site halted after Tepper Sports said the City of Rock Hill failed to make its initial payment. Rock Hill town leaders agree with […]

Financial security

HAL stock can provide financial security

Hindustan Aeronautics Ltd (NS:) remains the top pick among major defense stocks considered in the aerospace industry. Shri R Madhavan is Chairman and Managing Director of HAL and is also seeking an additional charge as Director (Operations). Shri CB Ananthakrishnan has been appointed Director (Finance) of the Company with effect from 1 August 2018. Prior […]

Financial literacy

6 reasons why financial literacy is essential for entrepreneurs

The knowledge and skills that enable a person to make effective and informed financial decisions are called financial literacy. Become a Harlem Insider – Register for our Newsletter! Financial literacy is crucial for business owners if they want to operate successfully in the business world. Most entrepreneurs understand this concept, but there is still a […]

Financial institutions

Financial institutions must seize the opportunity as BaaS momentum strengthens

There is no doubt that Banking as a Service (BaaS) is an incredibly exciting opportunity for the entire financial services ecosystem. Financial institutions can reach more customers at a significantly lower cost, and distributors can open up new revenue streams while building closer relationships with their customers. A recent study by Finastra – which surveyed […]

Financial literacy

ICD and UBT launch financial inclusion, training and financial literacy education program (PHOTO)

The Islamic Corporation for the Development of the Private Sector (ICD) and the Executive Education of the University of Business and Technology (UBT Executive Education) announce the official launch of a joint education program to provide education and high-quality training in the subject of financial literacy (FinLit) and financial inclusion in the 55 member countries […]

Financial plan

Stay focused on your goals and aspirations – creating a financial plan will help

THERE is no doubt that the past years of disruption have impacted society on so many levels. One of the biggest problems facing most industries is finding employees. “People just don’t seem to want to work” is the general answer and it is the answer in many industries. I’m not sure it’s that simple, but […]

Financial plan

Three things that will affect your financial plan over the next few months

You started this year with all the best intentions. You may have reviewed your financial portfolio, evaluated your investments, and confirmed your asset allocation in your investment portfolio – under the watchful eye of your financial advisor, of course. South Africa was apparently heading into the post-pandemic era, and while our Covid-battered economy was still […]

Financial institutions

The world’s largest financial institutions are undermining their own net zero targets

Corporations Provide $740 Billion For Fossil Fuel Generation, Push To Weak Sustainable Finance Policy According to new analysis released today by climate think tank InfluenceMap, the world’s 30 largest listed financial institutions are jeopardizing their net zero goals by continuing to fund fossil fuel expansion and lobbying to weaken climate change policy. emerging sustainable financing. […]

Financial plan

4 Key Elements of an Effective Financial Plan

4 Key Elements of an Effective Financial Plan Many people tend to be indecisive about how they manage their money. Such a passive approach can hinder sustainable revenue growth. It can also lead to heavy losses if they don’t take their finances seriously. This particular problem usually stems from the lack of a financial plan. […]

Financial literacy

School children learn taxation and improve their financial knowledge

Building Financial Capability for Students – Understanding Taxation (Image from website) Staff reporterAuckland, March 25, 2022 The Pensions Commission and the Inland Revenue Department (IRD) have launched a new tax learning module to provide specialist tax information to Year 9 and Year 10 students aligned with the New Zealand curriculum. Nick Thompson, Director, Financial Capability […]

Financial institutions

New Senate bill targets financial institutions that ‘fuel climate risk’

Federal financial institutions and federally regulated entities should align their investment activities with Canada’s climate commitments under Bill S-243, the climate-responsive finance act introduced yesterday in the Senate by Senator Rosa Galvez (ISG-Quebec). “We have to deal with the elephant in the room: our financial system continues to fund activities that fuel climate risk,” Galvez […]

Financial security

To support women’s long-term financial security, retirement pension cannot be overlooked

In 2006, I interviewed for a management position in a global agency. Before entering the office, I took off my engagement ring. Why? The assumption at the time was that if you were about to get married, the chances were pretty high that pregnancy and children would follow soon after. The fear of many women […]

Financial literacy

The workshop aims to promote financial literacy as a life skill

SHILLONG, March 24: With the aim of nurturing the concept of financial literacy and promoting it as an essential life skill, a national workshop on “Empowering Youth through Financial Literacy Skills” was organized by the Department of Economics at North-Eastern Hill University. (NEHU) in collaboration with ICSSR-NERC, Thursday.The workshop was opened by the Vice-Chancellor of […]

Financial literacy

Must-Have Financial Literacy Course for High School Students in Florida; All you need to know

Florida high school students will have to take a financial literacy course starting in 2023-24 in order to graduate, under the bill signed by Florida Governor Ron DeSantis. On March 21, DeSantis signed into law SB 1054, which lawmakers passed unanimously earlier this month. What will the course include? The bill requires all Florida students […]

Financial institutions

Department of Financial Institutions: Wisconsin passes new rule requiring continuing education for investment advisor representatives

MADISON, Wis. – The Securities Division of the Wisconsin Department of Financial Institutions (DFI) today announced the publication in the Wisconsin Administrative Code of CR 21-057, creating the administrative rule of DFI-Sec Chapter 11 which requires both state and federal registration. covered representatives of investment advisers to attend annual continuing education. The new rule comes […]

Financial institutions

FinCEN Issues Multiple Real Estate-Related Alerts to Financial Institutions to Be Vigilant of Efforts to Evade U.S. Sanctions – Real Estate & Construction

On March 3, 2022, we published an article titled The Effect of US Sanctions on Russia on Commercial Real Estate Documentation (the “Seyfarth article”) which examined a number of different ways that American real estate people can undertake due diligence to ensure that they do not engage in transactions with corporations and people blocked under […]

Financial literacy

InFirst Bank Provides Financial Literacy Remote Learning Resources to Local Schools | Community

InFirst Bank has stepped up to facilitate partial or full remote learning in the wake of COVID-19. Thanks to their sponsorship, more than 1,820 students and teachers from 6 schools in Cambria, Indiana and Jefferson counties have free access to Banzai. Banzai is an award-winning online financial literacy program and content library of customizable articles, […]

Financial literacy

Leading for Financial Literacy – The New Indian Express

Express press service HYDERABAD: The Federation of Indian Chambers of Commerce and Industry (FICCI), especially the Women’s Organization (FLO), has changed the lives of many female entrepreneurs in Hyderabad. The planning of result-oriented initiatives that pave the way for development and sound leadership are a great inspiration for those who seek a better future. Advancing […]

Financial institutions

Financial Institutions: Announce Date of 2022 Annual Meeting – Form 8-K

Financial Institutions, Inc. Announces Date of 2022 Annual Meeting WARSAW, NY – March 23, 2022 – Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”), today announced that Tuesday, June 14 has been set […]

Financial institutions

Financial Institutions, Inc. Announces 2022 Annual Meeting

WARSAW, NY, March 23, 2022 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“ SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”), today announced that on Tuesday, June 14andhas been set as the date for its 2022 […]

Financial literacy

What is Financial Literacy? A complete manual for beginners

Making smart financial decisions is crucial, but it’s not everyone’s cup of tea. It helps in achieving security of financial balance which then plays a role in making smart decisions. But if you want stable finances, you must have the proper knowledge. Mainly, there are two parts of financial literacy: Know how to manage your […]

Financial institutions

Inscribe Helps Financial Institutions Mitigate and Solve $20 Billion Fraud Problem

To inscribe released new features to help financial institutions fight fraud losses. What there is to know: The development comes as the leading fraud detection and risk management fintech seeks to bolster risk mitigation initiatives across financial institutions. Inscribe’s new features include AI-based image fraud detection, a secure document collection portal, and enhanced automation features […]

Financial plan

Mason managers and comptroller team have ‘positive meeting’ on financials

Vice Mayor Virginia Rivers and Mayor Emmit Gooden pose for a photo with Comptroller Jason Mumpower. Mason, now under the financial control of the state comptroller, could operate independently again sooner than expected. On Tuesday, the Mumpower team and city officials met in Jackson to discuss the plan to get back to financial health. “It […]

Financial security

7 Ways to Manage Your Money for Financial Security — Hometown Station | KHTS FM 98.1 & AM 1220 — Santa Clarita Radio

Earning money is easier, the hard part is managing the money you have earned. Few people know where they spent their money even if they have a good source of income. The money you earn is, of course, hard earned and so it is important to save it, invest it and spend it more wisely. […]

Financial literacy

Financial Literacy Month

April is Financial Literacy Month, and the Federal Reserve wants to help by offering FREE resources and programs for educators and parents to spark conversations about financial literacy. Events to come FinBed Competition: Battle of the Classrooms Information sessions on April 5 at 10 a.m. or April 7 at 12:30 p.m.Battle of the Classrooms offers […]

Financial institutions

Financial institutions must keep pace with a changing economy | Imperial News

The importance of intangible assets such as software is increasing, but financial institutions have failed to take this into account. So says Jonathan Haskel, professor of economics at Imperial College Business School, at the launch of his new book, Restarting the Future: How to Fix the Intangible Economy. He was joined by co-author Stian Westlake, […]

Financial literacy

Are financial literacy classes coming to high schools nationwide?

Image source: Getty Images The Florida State Legislature is leading the way when it comes to personal finance in the classroom. Key points Financial literacy is gaining ground in the United States. Twenty-one states and more require high school students to take personal finance courses. The Florida Legislature has just taken an important step to […]

Financial security

Six Steps to Financial Security for Your Children

*This content is brought to you by Wealth Brenthurst By Charize Beukes* It is very easy for modern parents to worry about the uncertain future of their children, especially their financial future. It’s natural because there are so many external influences that you can’t control. Charize Beukes However, there is one area where you can […]

Financial literacy

Senate Sends Financial Literacy and Technology Advisory Committee Bills to Governor DeSantis

A bill requires students entering high school in the 2023-2024 school year to take a financial literacy course. On Monday, the Senate officially sent two bills to the governor. Ron DeSantis desk that would make changes to a panel overseeing technology designed to help people with disabilities and add a new requirement for K-12 schools […]

Financial institutions

Civil society organizations organize a series of workshops for financial institutions to align with the Paris climate agreement and human and indigenous rights

Civil society organizations Women’s Earth and Climate Action Network (WECAN and BankTrack) will host a series of workshops in March for the Equator Principles Association (EPA), intended to provide educational dialogue on how institutions can align with the core elements of the 2015 Paris climate accord. Accord. The EPA is a consortium of 128 financial […]

Financial security

Workshop teaches financial security | Campus news

Tuffy’s Basic Needs hosted a workshop on March 16, Financial Literacy: Budgeting 101, to help attendees understand the importance of budgeting and financial peace of mind. Presenter Jose Gutierrez, the center’s graduate programming assistant, shared several tips on how to stay financially secure during and after college. “Budgeting allows you to take control of your […]

Financial literacy

At Aviva, our top priority is to increase financial literacy in India: Amit Malik

Amit Malik, CEO and Managing Director, Aviva India, is inspired by his father, a military man, to believe that he may not be a soldier, but it is always a war when he leads his team, and his job is to support people in their moments the most difficult. Here, he talks about leading Brand […]

Financial literacy

The Jackson Charitable Foundation and Discovery Education financial literacy challenge allows communities to win $10,000 for their now open schools

Silver Spring, Maryland (Monday, March 14, 2022) – Jackson Charitable Foundation, a nonprofit organization whose mission is to advance financial literacy nationwide, and Discovery Education today opened the 6th Annual Cha-Ching Money Smart Kids Contest. The competition allows communities to vote for their school to win $10,000 which can be used for essential educational resources […]

Financial security

Improving public sector efficiency through financial security

March 18, 2022March 18, 2022429 Civil servants are mostly career officers who are expected to serve until retirement after 35 years of service or until age 60. With the exception of farming, they have always been prohibited from performing any work outside of their office duties, and any action taken in […]

Financial literacy

PenFed Credit Union and EVERFI Host Financial Literacy Event for San Juan High School Students as Part of “Tu Dinero, Tu Sueño” Program

“PenFed believes that the best way to serve Porto Rico is to help the next generation achieve their financial goals,” said PenFed’s executive vice president of operations. Jamie Gayton. “We remain committed to investing in the development of Porto Rico young future leaders and we are grateful for the support of EVERFI and Saint John’s […]

Financial security

Appointment of the chief executive of the Australian Financial Security Authority

Attorney General Minister of Industrial Relations Deputy Leader of the Government in the Senate Western Australian Senator Senator the Honorable Michaelia Cash Deputy Minister of the Attorney General Deputy Minister of Industrial Relations Deputy Minister for Women Queensland Senator Senator the Honorable Amanda Stoker Joint press release Attorney General Michaelia Cash and Deputy Minister Attorney […]

Financial institutions

Joint Statement by Heads of International Financial Institutions with Programs in Ukraine and Neighboring Countries

Statement by Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), Werner Hoyer, President of the European Investment Bank (EIB), Carlo Monticelli, Governor of the Development Bank of the Council of Europe (CEB), Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), and David Malpass, President of the World Bank Group […]

Financial institutions

CBN warns Nigerians against unlicensed financial institutions

As part of efforts to curb the fraudulent financial activities of some dubious figures, the management of the Central Bank of Nigeria (CBN) has warned the public to stop patronizing unlicensed institutions in the country. CBN Governor Mr. Godwin Emefiele issued the warning in Yola on Thursday at the Central Bank of Nigeria Fair 2022 […]

Financial literacy

Financial literacy events to take place starting March 21 | News

ROCKLEDGE – Community Credit Union of Florida will present the first of four “321 Financial Liftoff!” events at Rockledge High School on Mondays from 9-11 a.m., with each event designed to teach financial literacy to young people, according to a statement. “We just think it’s important for the next generation on the Space Coast to […]

Financial institutions

Canadian financial institutions are phasing in the return of employees to the workplace

Since March 14, 2022, fully vaccinated Manulife employees have been able to voluntarily return to their physical workplaces in Waterloo, Ontario, Toronto, Montreal and Halifax, amid encouraging signs that the spread of the coronavirus pandemic coronavirus is slowing across the country. Read: US remote workers divided on whether they’re ready to return to the office: […]

Financial institutions

‘Financial institutions are losing patience’ with Hong Kong, admits Lam

Thursday 17 March 2022 8:42 am People stand in front of an electronic display showing the Hang Seng Index in the Central district of Hong Kong (ISAAC LAWRENCE / AFP) (Photo by ISAAC LAWRENCE/AFP via Getty Images) Hong Kong’s leader has admitted today that the city’s controversial ‘Zero-Covid’ restrictions are blocking out businesses and wearing […]

Financial security

Onuu raises $6 million Seed A to serve Americans lacking financial security

Onuu raises $6 million Seed A to serve Americans lacking financial security By Edlyn Cardoza March 17, 2022 financial literacy Financial security Financial services Onuu, co-founded by Austin entrepreneurs Felix W. Ortiz III and Ryan Wuerch, recently announced that it had received $6 million in seed A funding. The funding round was led by VC […]

Financial security

AARP’s Financial Security Trends Survey: Attitudes of Adults 30 and Older

In January 2022, AARP launched its new Financial Security Trends Survey, designed to monitor the financial experiences, behaviors and attitudes of adults over 30. The first wave of this nationally representative survey includes more than 6,000 adults ages 30 and older, including oversamples of Black/African American respondents and Hispanic/Latino respondents. The survey examines overall financial […]

Financial literacy

Basic math skills oil the wheels of financial literacy

This article is the last part of the FT’s Financial Education and Inclusion Campaign When my father was teaching numeracy to adults in Birmingham in the 1980s, he asked each new class what they hoped to learn. On one occasion, a woman who worked as a lunchtime supervisor said she wanted to know the percentages. […]

Financial literacy

LHF offers a series of free bilingual workshops on financial literacy

LUBBOCK, Texas (KCBD) – Los Hermanos Familia (LHF) believes that individuals and families need guidance to build confidence and understand their finances, especially after the pandemic where many families had no financial fund to ’emergency. In partnership with local businesses and organizations, LHF will host a series of workshops to improve financial security in English […]

Financial institutions

Biden’s climate alarmist nominees send chilling message to financial institutions and energy industry

“We want them to go bankrupt if we want to fight climate change.” “…tThe way we basically get rid of these carbon financiers is we starve them of their source of capital.” “Financial regulators need to rethink their own role in order to be able to play their part in the broader reinvention of the […]

Financial institutions

EBA calls on financial institutions to facilitate access to basic payment accounts for refugees

The European Banking Authority (EBA) strongly condemns the recent developments which weigh heavily on the Ukrainian state, society and economy. Following the invasion of Ukraine, the Council of the EU adopted restrictive measures against Russia and Belarus which require action by the financial sector. The EBA is working with the competent authorities to ensure the […]

Financial security

Borrower’s ‘Bill of Rights’ protects Californians, promotes financial security and economic justice

In 2016, California enacted AB 2251 The Student Loan Servicing Act. AB 2251 created a regulatory licensing program within the Department of Financial Protection and Innovation (DFPI) and gave the DFPI the authority to oversee companies that service student loans in California. Although AB 2251 created some protections for borrowers, it did not provide the […]

Financial institutions

Financial institutions (FISI) are a great choice for “trendy” investors, here’s why

OWhen it comes to investing or trading in the short term, they say “the trend is your friend”. And it is undeniably the most profitable strategy. But ensuring that a trend will continue to profit from it is easier said than done. The trend often reverses before exiting the trade, resulting in a short-term capital […]

Financial literacy

Central Michigan University partners with iGrad to provide personalized financial literacy platform for students

San Diego, California, March 15, 2022 — (PR.com) — iGrad has partnered with Central Michigan University to provide its personalized, interactive, online and mobile service financial wellness platform for students to the nearly 15,000 undergraduates, graduate students, faculty, staff and alumni of the public university. iGrad’s platform at CMU includes comprehensive personalized and interactive information […]

Financial institutions

FHU Students Meet with State Department of Financial Institutions Commissioner

Greg Gonzales is the 18th commissioner of the Tennessee Department of Financial Institutions and is the state’s chief regulatory officer for all state-licensed custodial and noncustodial financial institutions. HENDERSON, TN (PRWEB) March 14, 2022 Commissioner Greg Gonzales of the Tennessee Department of Financial Institutions encouraged FHU students to use their unique Christian upbringing to do […]

Financial institutions

Financial Institutions Legislative and Regulatory Reporter – British Columbia – Tax

Canada: Reporter on Financial Institutions Legislation and Regulation – British Columbia March 14, 2022 Borden Ladner Gervais LLP To print this article, all you need to do is be registered or log in to Mondaq.com. The British Columbia (BC) Reporter provides a monthly summary of BC legislative and regulatory developments […]

Financial institutions

European financial institutions turn their backs on Russia

FRANKFURT/LONDON/ZURICH: Deutsche Bank has backtracked and said it will withdraw completely from Russia as the London Stock Exchange suspends all services in the country as Western governments impose sanctions following the invasion from Ukraine. Deutsche, which had come under scathing criticism from some investors and politicians for its continued ties to Russia, said late Friday […]

Financial plan

Halkitis hits back at FNM criticism of Goldman Sachs repo deal – Eye Witness News

NASSAU, BAHAMAS — Economic Affairs Minister Halkitis yesterday dismissed claims by the Free National Movement (FNM) that the government needed to strike a buyout deal to raise funds. This is in response to the government entering into a repurchase agreement (repo) with Goldman Sachs International (GSI) last month. At the time, Halkitis said the deal […]

Financial institutions

How the Cloud Can Help Financial Institutions Manage Regulatory Compliance

Some financial institutions are hesitant to migrate to the cloud Banks and other financial institutions constantly collect and process highly sensitive data and are therefore subject to significant regulatory oversight. As these organizations move their data to the cloud, even greater regulation comes into play. As the ABA notes, “As cloud adoption in the financial […]

Financial security

The gender pay gap fuels other gaps in women’s financial security

With International Women’s Day and all the rhetoric and hypocrisy associated with it – perfectly highlighted by the Viral Gender Pay Gap Bot Twitter Accountt – fresh in our minds, the way our gender affects our financial well-being is naturally on the minds of many of us. In 2021, the median gender pay gap was […]

Financial literacy

Do students lack financial literacy?

How can we improve the teaching of financial literacy in high school? And why is it important? Our report also makes six recommendations to improve financial literacy education in schools. People need a basic understanding of financial concepts to make good financial decisions. Our recently published research found that most students generally don’t know much […]

Financial security

How women are boosting Americans’ financial security

March is all about celebrating women’s history, and unfortunately in the world of financial advice, some of that history isn’t as big as we’d like. For example, almost a third of the gender gap in financial literacy is attributed to women’s low confidence levels, compared to a knowledge gap, according to at the Global Center […]

Financial institutions

FINANCIAL INSTITUTIONS INC MANAGEMENT REPORT ON FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-K)

The following is a discussion and analysis of our financial position and results of operations and should be read in conjunction with the information set forth under Part I, Item 1A, “Risks Factors,” and our consolidated financial statements and notes thereto appearing under Part II, Item 8, “Financial Statements and Supplementary Data” of this Annual […]

Financial security

MetLife’s (MET) Structured Solution for Providing Financial Security

MetLife, Inc. MET recently introduced a structured installment sale solution, which can be used for the sale of properties that qualify for the installment method under Section 453 of the Internal Tax Code. The solution can be used in 49 states, Puerto Rico and Washington, DC through MET’s subsidiary, Metropolitan Tower Life Insurance Company. If […]

Financial literacy

MAIA – LAUNCH OF A NEW GLOBAL FINANCIAL LITERACY BODY, DESIGNED TO SPREAD BEST PRACTICE IDEAS AROUND THE WORLD

SINGAPORE, March 10, 2022 /PRNewswire/ — The Money Awareness and Inclusion Awards (The MAIAs) announced today that it has secured initial sponsorship from influential financial players, as the body heads into the first round of awards this spring. Designed to “make money better”, MAIAs is a new entity focused on raising awareness of the many […]

Financial institutions

ACI Worldwide Launches ACI Fraud Scoring for Financial Institutions

ACI Worldwide Launches ACI Fraud Scoring for Financial Institutions By Edlyn Cardoza March 10, 2022 ACI in the world Financial crime Financial institutions ACI Worldwide, a global leader in mission-critical real-time payment software, recently announced the launch of Fraud Scoring Services, a fraud scoring platform providing next-generation machine learning capabilities for financial institutions of all […]

Financial institutions

ACI Worldwide Fraud Scoring Services offers fraud protection to financial institutions

ACI Worldwide has launched Fraud Scoring Services, a fraud scoring platform providing next-generation machine learning capabilities for financial institutions of all sizes to detect and prevent fraud in real time. Leveraging ACI’s patented and award-winning incremental learning technology, ACI Fraud Scoring Services (FSS) can help banks reduce fraud losses by up to 75%. The service […]

Financial literacy

Study calls for overhaul of financial literacy

A Griffith University study recommended that financial literacy be taught as a stand-alone subject to high school students or, at least, as part of an after-school program during pastoral care. Funded by Suncorp and the Financial Basics Foundation, the report’s findings were based on interviews and focus groups conducted at four Queensland schools in regional […]

Financial institutions

ACI Worldwide Launches Innovative ACI Fraud Scoring System for Financial Institutions

MIAMI & LONDON–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical real-time payment software, today announced the launch of Fraud Scoring Services, a premier fraud scoring platform with learning capabilities next-generation automatic for financial services. institutions of all sizes to provide real-time fraud detection and prevention. Leveraging ACI’s patented and award-winning incremental learning technology, […]

Financial literacy

CPA Canada launches financial literacy webinar series for women

CPA Canada has launched a financial literacy webinar series that aims to improve women’s personal financial literacy and is suitable for all ages. The new program will be delivered in six self-contained online sessions presented via webinar by Chartered Professional Accountants. Sponsored by Canada Life, the six distinct sessions will cover “Building a Money Mindset”, […]

Financial literacy

’11Eleven School’ launched to help students master financial literacy – FE News

In its march towards educating the Catalan community about money matters and financial ecosystems, Barcelona-based fintech 11Onze has launched its “11Onze School” program. The Cendrassos Institute of Figueres in Gironais is the first school to have received a training session. The mission is to engage and educate young students to improve their financial literacy by […]

Financial institutions

Trusted – The Family Operating System® – Enables Financial Institutions on Q2’s Digital Banking Platform to Offer Secure Management of Family Information Online

SAN FRANCISCO, March 8, 2022 /PRNewswire/ — Trustworthy, the online service where families can protect, organize and optimize their most important information, has announced its availability in the Q2 Innovation Studio Marketplace and pre-activated access to over 500 financial institutions on the Q2 digital banking platform. Trustworthy helps families protect, organize and optimize their most […]

Financial literacy

It may take time for women’s wages to improve. But financial literacy, more women leaders and support from men can help close the gender pay gap

An ambitious woman who takes care of her family so effectively is no longer a rare breed. The Covid pandemic has forced working women with the double burden of balancing their careers and managing their households, not forgetting to also take care of children in several cases. These women are an excellent example of capacity […]

Financial institutions

financial institutions: Modi asks financial institutions to come up with futuristic ideas to fund emerging economic needs

Prime Minister Narendra Modi on Tuesday called on financial institutions to consider innovative financing and risk management systems to support new futuristic ideas to meet the emerging needs of the economy. Stating that implementing green finance is the “need of the hour” to achieve the goal of net zero carbon emissions by 2070, Modi said […]

Financial literacy

New program aims to boost financial literacy in schools

Stewart says there is already substantial interest in taking part in the program in schools across Australia. “Given all the COVID-19 related disruptions schools have been facing, the workshops only recently started,” she said. “However, schools are already booking a mix of face-to-face and digital workshops. We expect the program to grow significantly as more […]

Financial security

How Switch Helps Its Users Gain Financial Security Using Blockchain Technology |

JACKSON, Wyo., March 8, 2022 /PRNewswire/ — Switch merges the worlds of banking and blockchain by creating a community that allows members to store, send, change and spend their digital rewards. Switch recognizes that wealth is not just what you have, but the ability to do more with what you already have. Launched as a […]

Financial plan

City officials plan to replace the current strategic plan with a new financial plan

The financial plan will cover how to create more revenue for the city. patrick murphy The City of DeKalb is working to rework and improve the 2025 Strategic Plan. DeKALB – The City Manager’s office is preparing to unveil a new financial plan to the public at the DeKalb City Council meeting on March 14 […]

Financial literacy

Women lag behind men in financial literacy. It’s time to change that

Donna Smith is the Director of MBA Programs at Ryerson University’s Ted Rogers School of Management. Last month, the news was filled with reports that the United States women’s soccer team won a long-running pay equity case for parity with its male peers. It was a stark reminder that in all walks of life, financial […]

Financial institutions

How financial institutions can build better customer profiles in the cloud

Financial institutions collect all kinds of data When it comes to collecting customer data, Al Slamecka, Financial Services Sector Leader for Cisco, puts it simply: “All types of customer data are relevant. Financial services institutions use all customer data. to customers for a number of customer-centric purposes.This may include real-time decision making, customer segmentation, personalized […]

Financial plan

Kohl’s Provides Key Updates on Strategic Growth Initiatives and Financial Plan at Investor Day

MENOMONEE FALLS, Wis.–(BUSINESS WIRE)–Kohl’s Corporation (NYSE: KSS) (“Kohl’s” or the “Company”) will host a virtual Investor Day today during which it will provide an update on the Company’s strategy to drive growth and become the retailer of choice for the active and casual lifestyle. Kohl’s will also announce an updated long-term financial framework. “Kohl’s is […]

Financial plan

A rise in interest rates should prompt a review of your financial plan – It’s your money

Picture: Contributed Interest rates are near their lowest in some time, but that all changed on March 2 when the Bank of Canada (BoC) raised its benchmark interest rate to 0.5%. While the Bank of Canada was signaling hikes quite clearly, its March 2 statement acknowledged that inflation was warming up even faster than expected, […]

Financial institutions

S&P Global will present at the RBC 2022 Global Financial Institutions Conference on March 9, 2022

NEW YORK, March 4, 2022 /PRNewswire/ — Douglas L. Peterson, President and Chief Executive Officer of S&P Global (NYSE: SPGI), will attend the RBC 2022 Global Financial Institutions Conference on March 9, 2022. Mr. Peterson is scheduled talk from 8 a.m. to 8:30 a.m. (Eastern Standard Time). The “fireside chat” will be webcast and may […]

Financial literacy

Increase financial literacy in the region’s workforce

TERRE HAUTE, Indiana (WTWO/WAWV) — United Way of the Wabash Valley has announced a new grant opportunity to help people improve their money management skills. This is the Financial Skills in the Workplace Grant and was developed by the United Way Financial Management Impact Council. The Council promotes financial coaching and revenue management throughout its […]

Financial literacy

Walo gets $1.1 million to teach kids financial literacy

Walo provides a gamified mobile application that allows parents to automate allowances. Quebec FinTech startup Walo secured a $1.1 million investment from the Quebec government, Desjardins, Granicus Group, WatchMojo and several undisclosed angel investors. The provincial government’s investment was made by Impulsion PME, a $50 million budget managed by Investissement Québec. “The need to […]

Financial literacy

Junior League of Greenville Empowered Women Conference Targets Wellness, Career and Financial Literacy

Throughout Greenville County, there are women who face financial challenges and personal hardships that make life difficult for them and their families. But the Junior League of Greenville strives to make a difference for them and for the community at large through its Empowered women conference. “It’s really about connections and helping people make positive […]

Financial plan

Okanagan-Similkameen Regional District adopts financial plan – Penticton Western News

The Regional District of Okanagan-Similkameen has adopted its amended financial plan for 2022. The financial plan was passed in first reading on January 6 and the amended version in second reading on February 17. The plan was also presented to the various communities and electoral areas of the regional district. Further adjustments were made for […]

Financial institutions

Treasury Report: Increase in Total Number of Financial Institutions Doing Business with Licensed Marijuana Suppliers

Washington D.C.: More than 700 banks and credit unions have filed documents with the US government acknowledging their relationships with licensed cannabis companies, according to quarterly data provided by the US Treasury Department. The total is up from the first quarter of 2021, but still lower than the totals reported in the first quarter of […]

Financial literacy

A workshop on financial literacy will take place on Saturday for high school students | News

BREVARD COUNTY – Take stock of the kids, a program of the Brevard Schools Foundation, is hosting a financial literacy workshop for eligible students on Saturdays from 10 a.m. to 1 p.m. at the Space Coast Health Foundation in Rockledge. As part of the event, there will be a “hands-on baking” experience in a “real-life” […]

Financial institutions

Texas Supreme Court Clarifies Appropriate Service for Out-of-State Financial Institutions – Litigation, Mediation and Arbitration

United States: Texas Supreme Court Clarifies Appropriate Service for Out-of-State Financial Institutions March 03, 2022 Butler Snow srl To print this article, all you need to do is be registered or log in to Mondaq.com. The Texas Estates Code requires an out-of-state trustee to appoint the Secretary of State as […]

Financial institutions

Why Financial Institutions Should Prioritize Anti-Money Laundering

Reputation may be the most important asset financial institutions need to maintain to succeed. And due to tougher government regulations on financial institutions, they not only risk taking a blow to their reputation, but also facing hefty fines. Money laundering is a hot topic in today’s financial industry, with institutions facing increasing pressure to stop […]

Financial security

Conflicting financial and security decisions baffle Syrian citizens

Enab Baladi – Zeinab Masri As the Syrian regime pursues a policy of draining local markets of liquidity and limiting it to banks in order to support the current rate of the Syrian pound, it is raising limits on daily bank withdrawals. Despite laws prohibiting foreign currency transactions, citizens are allowed to withdraw their foreign […]

Financial literacy

Editorial l Financial Literacy Planned for High School Students | Editorials

THE PROBLEM: The Florida Legislature is considering financial literacy bills. OUR OPINION: A reasonable requirement but implemented wisely. There are companion bills in the Florida House and Senate that would require high school students to take basic financial literacy courses as a prerequisite for high school graduation. The intent of the bills, as explained in […]

Financial institutions

Texas Supreme Court Clarifies Appropriate Service for Out-of-State Financial Institutions | Butler Snow srl

The Texas Estates Code requires an out-of-state trustee to appoint the Secretary of State as the trustee’s agent for service of process. The Texas Civil Practice and Remedies Code, however, stipulates that an out-of-state financial institution must be served through its registered agent. In U.S. Bank Nat’l Ass’n, as Residential Asset Mortgage Products, Inc., Mortgage […]

Financial literacy

PersonalFinanceLab Launches Free Financial Literacy Challenge for K-12 Students

The PersonalFiananceLab Financial Literacy Challenge helps K12 students understand the benefits and consequences of being responsible for their own finances. MONTREAL, QUEBEC, CANADA, March 2, 2022 /EINPresswire.com/ — StockTrak’s PersonalFinanceLab.com website offers personal finance and business educators a unique, customizable tool to teach students how to become financially intelligent adults. PersonalFinanceLab’s budget game, stock market […]

Financial security

Governor Hochul proposes permanent financial security for bars

ALBANY, NY (WTEN) — Governor Kathy Hochul on Wednesday announced new measures to ensure a more effective National Liquor Authority, including a proposal to permanently legalize take-out alcohol. In her State of the State Address in January, Governor Hochul announced that take-out alcohol would once again be allowed in restaurants and bars across New York […]

Financial institutions

FInsight: Takeaways for Financial Institutions from the 2021/2022 Digital Transformation and Cloud Survey

Click here to listen to the audio. The latest version of our Digital Transformation and Cloud Survey features insights from 500 global respondents who cite increased attention and investment in cybersecurity, AI and cloud as indicators of digital transformation integral to business thinking and planning. For financial institution (FI) respondents, when asked to identify the […]

Financial institutions

PACE AP White-Box Works protects financial institutions from sophisticated attacks

PACE AP has launched its new EMVCo-certified White-Box-Works code generator for banks, payment service providers (PSPs), systems and other financial institutions. Unlike traditional solutions, White-Box Works gives the customer complete and independent control over their protected code, ensuring that their encryption keys and proprietary algorithms never leave the customer’s premises. White-Box Works can turn any […]

Financial institutions

Research: Rating Action: Moody’s Places Ratings of 16 Russian Financial Institutions on Watch for Possible Downgrade

London, 01 March 2022 — Moody’s Investors Service (“Moody’s”) today placed the ratings and assessments of 16 Russian financial institutions under review for possible downgrade, following the initiation of a review in view of a downgrade of Russia’s Baa3 sovereign rating (please see https://www.moodys.com/research/–PR_461633). The review for a downgrade reflects downside credit risks […]

Financial literacy

Apply for IIT-Madras Early Bankers Development Course to Build Financial Literacy

IIndian Institute of Technology (IIT) Madras Digital Skills Academy in collaboration with InFact Pro has introduced a development program called “Premier Banker” with the aim of providing financial literacy knowledge. “It is very important to offer up-skilling and development courses in a timely manner and also to focus on current markets and their requirements. As […]

Financial literacy

Nomura: Appoints Director to Oversee Financial Literacy(PDF 197KB)

Nomura appoints director to oversee financial literacy Tokyo, March 1 2022-Nomura Holdings, Inc. today announced the appointment of Chie Toriumi, one of the company’s senior managing directors, to oversee financial and economic education as part of its ongoing efforts to promote financial literacy. Since launching its financial and economic education program in Japan in the […]