Financial plan

How insurance can make or break your financial plan

You could be one serious accident, storm or lawsuit away from disaster unless you have the right insurance. From umbrella and uninsured motorist to flood and excess liability, several different types of policies may be needed to get the job done. Having the right P&C coverage is essential when it comes to protecting your assets. […]

Financial literacy

Train women in financial literacy, loan officers said

The Vice President of the Opposition Alliance for Change and Transparency-Wazalendo (Mainland), Dorothy Semu, said this recently during the just-concluded one-day workshop on empowerment Women’s Economics and Justice through Financial Inclusion in Tanzania, including a reflection on political party election manifestos. The event was organized by Women’s Action for Economic Development and involved members of […]

Financial security

How a Side Hustle Can Help You Achieve Financial Security and Achieve Your Financial Goals

PixelEffect / Getty Images Volumes have been written about how to start a side hustle and which gigs could make the most money. What’s talked about less often is how that extra bit of money a month can change your life and put you on the path to good financial health. Read more: 22 side […]

Financial literacy

Financial literacy is a key enabler of sustainable national and global socio-economic growth

Financial literacy is a key enabler of sustainable national and global socio-economic growth There is a significant shift in attitude towards managing personal finances in Saudi Arabia, largely driven by a young population. The next generation wants to save, invest and better manage their finances and now has more resources and access to a range […]

Financial literacy

Hampton students to learn business skills and financial knowledge through community garden – Daily Press

HAMPTON — About 200 Hampton high school students will get hands-on this summer at a new community garden — the first youth program of its kind in the city. It all started with a simple idea: planting tomatoes. Erica Spencer, senior director of business development at Hampton’s office of economic development, and Tanisha “Sunny” Golston, […]

Financial literacy

This teenager plans to teach financial literacy to students in rural Maharash – Edexlive

Ek Prayaas is a ‘prayaas’ (meaning an attempt in Hindi) by Shaurya Kabra to spread basic financial knowledge, especially in rural areas. Sounds like a huge task for a 16 year old, doesn’t it? But he has plans in place to accomplish this daring task. But the story goes back a bit… “From an early […]

Financial plan

Build a comprehensive financial plan

A A comprehensive financial plan can ease a client’s mind and reduce anxiety about their short and long term finances. Studies show that people feel more secure when they have a documented holistic financial plan like The Bucket Plan® to fall back on. The solution to any individual’s economic puzzle is holistic financial planning. The […]

Financial institutions

2022 growth should be higher than the forecasts of financial institutions

Georgia’s economic growth in 2022 is expected to exceed forecasts published by financial institutions, Economy Minister Levan Davitashvili said Friday during a plenary session of the Georgian parliament. Davitashvili briefed MPs on current trends in the country’s economy, government visions and main directions of economic policy. We expect the expected economic growth to be […]

Financial literacy

Gen Z gets a new financial literacy platform as Prograd partners with Admiral Money

Based in London Program – a 2021 alumnus from an esteemed start-up accelerator Tech Stars – announced a partnership with Silver Admiral to help young adults find and understand their sustainable loan products. In the second quarter of 2022, Prograd is launching a platform to help Gen Z understand, access and manage all the financial […]

Financial plan

Most Americans have no financial plan. Those who praise the benefits.

It’s an alarming statistic: nearly 70% of Americans at or near retirement age have less than $250,000 in savings, according to a recent survey by Schroders, the Amsterdam-based asset manager. London with nearly $1 trillion in assets under management. “We’re going through a really tough time,” said Joel Schiffman, North America midstream distribution manager at […]

Financial security

Formulate a national policy to ensure the financial security of the elderly

Yangyel Lhaden When stakeholders came together to formulate a national policy for the elderly in Bhutan in Thimphu on May 19, everyone agreed on the need for financial security for the elderly population and recommended a pension plan. Stakeholders included representatives of Zhung Dratshang, the armed forces, non-governmental organizations, civil society organizations (CSOs), the attorney […]

Financial literacy

Role of Financial Literacy in Promoting Women’s Inclusion

Columnists Role of Financial Literacy in Promoting Women’s Inclusion Friday, May 27, 2022 Women who graduated from Nyeri in late 2021 with basic literacy and vocational skills to help them better run their businesses. FILE PHOTO | NMG As we celebrated International Women’s Day, I couldn’t help but reflect on how women in today’s hyper-connected […]

Financial literacy

Arizona Federal Named Financial Literacy Partner of Local First Arizona Small Business Accelerators

Compiled by Matt Loeschman PHOENIX – In an effort to grow small businesses and support minority business owners in partnership with Local First Arizona, Arizona Federal Credit Union is proud to be one of the Financial Literacy Partners for We Rise Accelerator Programs and Fuerza Local. These programs aim to provide Black and Hispanic business […]

Financial plan

Historical increase in budget spending shown in the financial plan update

Amid soaring inflation, a market slowdown and fears of recession, government spending will hit new highs under the April budget deal, in line with the financial plan of the approved budget (Plan) that the Governor’s Budget Office quietly released late last Friday afternoon. State operating fund spending is projected to increase this year by $14 […]

Financial literacy

60 women benefit from AngloGold Ashanti’s financial literacy awareness program

AngloGold Ashanti Obuasi Mine educates women in its operational areas in basic financial management as part of a financial literacy awareness program. Sixty women engaged in different businesses within the AngloGold Ashanti Obuasi mining enclave have so far benefited from the financial management training to improve the fortunes of their businesses. The two-day monthly training […]

Financial institutions

Financial Institutions, Inc. Announces Quarterly Cash

WARSAW, NY, May 25, 2022 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital , LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”) today announced that their Board of Directors has approved a quarterly cash dividend of $0.29 per outstanding common […]

Financial literacy

Community leaders ‘kiss a pig’ for financial literacy

ABINGTON, PA – Business and community leaders from across the region recently descended on the Abington Art Center to hug a pig, while raising money for a worthy cause. TruMark Financial held its 11th annual financial literacy fundraiser on May 11, an event designed to help raise awareness of financial literacy in our local schools. […]

Financial institutions

Artificial Intelligence Developments Financial Institutions Should Expect in 2022

Throughout 2021, many banks and credit unions have implemented AI and virtual agents for the first time, with many more planning to do the same this year. While sometimes slow to adopt new technologies like this, financial institutions needed to be more rigorous in their approach to solving problems in a socially distant world. While […]

Financial security

Embedded Value: Insurers as Providers of Financial Security

The best time for insurers to transform from insurance seller to insurance provider has arrived. After the Covid-19 outbreak, people recognized insurance as a basic necessity. It has also been widely recognized during the first and second waves of the pandemic that insurers are not far behind healthcare workers when it comes to saving the […]

Financial institutions

Financial Institutions, Inc. Announces Quarterly Cash Dividend

Financial Institutions, Inc. WARSAW, NY, May 25, 2022 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital , LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”) today announced that their Board of Directors has approved a quarterly cash dividend of $0.29 […]

Financial security

The good news: Americans’ financial security soared last year. The bad news: It may be due to this lucrative but temporary tax break

Parents, especially those from lower-income households, said they were doing much better financially last year, and the government’s expansion of child tax credits may have played a big part. in this regard. That’s according to a Federal Reserve report, based on the annual National Survey of the Economy and Household Decision Making (SHED), primarily based […]

Financial institutions

A support tool for financial institutions –

EOS Data Analytics provides agro-banks with satellite monitoring solutions to streamline loan risk assessment In light of global food demand and climate change caused by the greenhouse effect, agriculture has undergone significant transformations to respond to emerging challenges. Advances in technology are improving traditional agricultural approaches and shifting to more sustainable practices. The global smart […]

Financial literacy

Emirates News Agency – Financial literacy emerges as key to financial inclusion at World Economic Forum session

DAVOS, 24th May, 2022 (WAM) — Financial inclusion remains the first step towards personal and professional well-being and is a prerequisite for achieving several goals under the United Nations Sustainable Development Goals. Despite this, more than half of the world has yet to gain equitable access to finance and this remains one of the greatest […]

Financial institutions

NFP’s Financial Institutions Group hires TigerRisk for Lloyd’s Line Slip – InsuranceNewsNet

NEW YORK (PRWEB) May 24, 2022 NFP, a leading property and casualty insurance broker, employee benefits consultant, wealth manager and retirement advisor, today announced its Financial Institutions Group (FIG) selected TigerRisk Partners LLC to develop a line slip to do business with Lloyd’s of London. FIG specializes in advising and placing financial and general casualty […]

Financial institutions

StockNews.com Cuts Financial Institutions (NASDAQ:FISI) to Hold

Financial Institutions (NASDAQ:FISI – Get a Rating) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a Monday report. Separately, Zacks Investment Research upgraded financial institution stocks from a “hold” rating to a “buy” rating and set a price target of $31.00 on the stock in a Monday 2 may. Shares […]

Financial literacy

The Value of Financial Literacy at St. Jerome School

Action News traffic reporter, FYI Philly host and St. Jerome School alumnus Gina Gannon poses with students, teachers, staff and mascots. Photo courtesy of Hy Paul Studios St. Jerome teacher Julianne McConnell prepares to kiss the pig at TruMark Financial’s Kiss-A-Pig financial literacy fundraiser held at the Abington Art Center. Photo courtesy of Hy Paul […]

Financial institutions

Scams are on the rise. What should financial institutions do to better protect themselves and their customers?

Scams, the number one type of crime in the United States, continue to threaten financial institutions and their customers. Recently released data from the Federal Trade Commission (FTC) shows that consumers reported losing more than $5.8 billion to fraud in 2021, an increase of more than 70% from the year previous. The FTC also shared […]

Financial institutions

Fintech startup equipifi raises $12M to power financial institutions with Buy Now, Pay Later

“Consumers rely on their primary financial institution to know them and their financial goals. This is why, even though BNPL has seen rapid adoption through third-party lenders, the majority of consumers are still turning to their trusted financial institutions for a better option,” said Bryce Deney, co-founder and CEO of equipifi. “equipifi enables banks and […]

Financial literacy

Financial literacy education has far-reaching effects

Financial literacy is an issue that doesn’t seem to be going away. According to the OECD International Financial Literacy Survey, only 52% of adults can be considered financially literate. Looking at other surveys, the results are even more alarming. “In the EU adult population, just under 50% do not understand basic financial concepts,” said Phillip […]

Financial literacy

Why kids need to learn financial literacy

Twenty states across the country have bills requiring financial literacy to be taught as a separate course in elementary schools. And experts say it’s time. Harold Abraham, elementary school principal and adjunct professor at Montclair State University, says financial literacy is so important that it should be an integral part of all grade levels. “As […]

Financial literacy

Saweetie set to teach financial literacy to young people

In late 2021, rapper Saweetie was offered a guest lecturer position at her alma mater, the University of Southern California. AllHipHop reported that she was hired to teach a Business Feasibility and Introductory (VFVI) course at the USC Marshall School of Business. Now the leaderboard is bringing those lessons to youngsters who can’t afford a […]

Financial literacy

Financial literacy courses could become a requirement in Montana schools next year | Montana News

When Butte resident Mike Paffhausen graduated from Carroll College in 2009, he received a thin, purple school book that he says changed his life. It was called “Life After Graduation: Your Guide to Success”. Paffhausen then made a to-do list on a few blank pages at the back of the book, filled with items the […]

Financial literacy

Ohio Department of Commerce Encourages Financial Literacy in Youth

MUSKINGUM COUNTY, Ohio – Young people across the state of Ohio may not be receiving the best financial knowledge. The Ohio Department of Commerce hopes to change that narrative with different kinds of resources for high school graduates. Two ways recent graduates and college students make mistakes are […]

Financial institutions

German Finance Minister: G7 Countries and Global Financial Institutions Provide $19.8 Billion in Aid to Ukraine | International

Country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic ofBarbadosBelarusBelgium, […]

Financial plan

Your Money: Six Steps to Designing a Financial Plan

By Sanjiv Bajaj Let’s face it: as a young worker, you may be torn between the consumerism around you and the idea of ​​saving for the future. While there’s nothing wrong with spending some of what you earn, you also need to take care of your financial future. Let’s look at some key steps in […]

Financial plan

Help your corporate clients adjust their financial plan to inflation

Inflation is everywhere these days – gas prices have skyrocketed, commodity prices are at astronomical levels and the costs of groceries like produce, meat and bread have soared sharply. That said, your corporate clients may struggle to keep their operational costs rising and maximize their profits. It has certainly been a stressful situation for so […]

Financial plan

A financial plan: why is it so important in Portugal?

A solid financial plan should be created and implemented over time and reviewed regularly to ensure key areas such as taxation, investment performance, estate planning and lifestyle goals can be achieved . Here we look at some key issues around financial planning in Portugal that we help our clients with. Three key areas to consider […]

Financial literacy

Wealth Management Solutions sponsors financial literacy events, education

Commitment to educating future generations about personal finance among the core beliefs of Wealth Management Solutions LLC, a registered investment advisory firm. NEWPORT BEACH, Calif., May 19, 2022 /PRNewswire/ — Wealth Management Solutions LLC recently sponsored two financial literacy events called “Foundations in Personal Finance” for the newport beach community. And, as a sponsor of […]

Financial literacy

OneAmerica commits $1 million to financial literacy

The innovative program, which will be funded over a five-year period, is a cutting-edge education and empowerment experience that teaches important personal finance concepts. Using the American College of Financial Services’ e-learning design and delivery philosophy and building on the College’s Financial Wellness Program originally created for Historically Black Colleges and Universities (HBCUs) , the […]

Financial institutions

Hundreds of local financial institutions hit the restart button

HelloRF Bank of Shanghai, the city’s largest repo-issuing bank, said its outlet in Chongming resumed in-person operations on Wednesday and saw strong demand for cash withdrawals, wealth management and money transfers. The first batch of financial institutions, 864 in total, were allowed to resume operations on Wednesday as the city’s COVID-19 situation improves, local authorities […]

Financial plan

City of Wetumpka presents four-year financial plan | News

Almost two decades ago, the finances of the town of Wetumpka were different than they are today. Mayor Jerry Willis had just served on city council 14 years ago and city leaders were wondering how to improve Wetumpka. “When I took office, we owed $13 million and had no plan,” Willis said at last week’s […]

Financial institutions

Impact of the NCLAT ruling on development finance institutions

Jhe judiciary has played a vital role in dealing with issues arising from the Insolvency and Bankruptcy Code, 2016 (code). Recently, in Union Bank of India on behalf of the creditors’ committee of Dewan Housing Finance Corporation Limited v National Housing Bank & Anrthe National Company Law Appellate Tribunal (NCLAT) considered whether a trust, imposed […]

Financial institutions

Why Financial Institutions Need Market Surveillance

VSCentral banks are responsible for overseeing their country’s monetary system and establishing regulations to keep its markets balanced. Part of this includes establishing benchmark exchange and interest rates and supervising exchanges around the world. In recent years, “risk-free” benchmarks and the implementation of codes of conduct have made it more difficult to manipulate the foreign […]

Financial institutions

From robbery to hijacking, cybercriminals are turning to financial institutions

Most financial institutions said Russia poses greatest concern as geopolitical tensions continue to escalate in cyberspace VMWare has noticed that sophisticated cybercrime cartels have evolved beyond wire transfer fraud to target market strategies, take over brokerage accounts and go island-hopping at banks. 63% of financial institutions admitted to experiencing an increase in destructive attacks, while […]

Financial institutions

Statement on the release of the International Financial Institutions Joint Plan to Combat Food Insecurity

Washington, DC – May 18, 2022: The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, today issued the following statement following the release of a joint plan by international financial institutions (IFIs) to combat against food insecurity: “Russia’s invasion of Ukraine has precipitated serious economic and social consequences worldwide. Among them, many countries […]

Financial literacy

Californians have a financial literacy problem

Question: If interest rates rise, what will generally happen to bond prices? Rise, fall, stay the same or is there no relationship? If you answered “fall”, congratulations. You are part of just 26% of Americans who, interviewed in 2018, answered this question correctly. Whether or not you answered this question might not seem like a […]

Financial institutions

Shanghai lets financial institutions get back to work as COVID-19 restrictions ease

Shanghai authorities have allowed 864 of the city’s financial institutions to resume operations, three sources with direct knowledge of the matter said on Wednesday, as it gradually eases a citywide lockdown that began there. at seven weeks. The move is part of the financial hub’s plan to reopen widely and allow normal life to resume […]

Financial institutions

EU financial institutions prepare for instant payments regulation

By Paul Fanon, Managing Director, Global Business Solutions, Bottomline Technologies The buzz around pan-European regulations for instant payments has died down a bit since Mairead McGuinness, European commissioner for financial services, told a conference in February that regulations for the region would be made this fall. Kind of like halftime in a football match, isn’t […]

Financial institutions

Financial institutions still confident in the Chinese market

STREET SIGNS This file photo from April 9, 2020 shows street signs in Shanghai’s Lujiazui district. PHOTO XINHUA BEIJING: Despite the Covid-19 outbreaks and mounting downward pressure on the economy, several global financial institutions have expanded their presence or plan to do so in the Chinese market, showing continued confidence in the world’s second-largest economy. […]

Financial literacy

NIT-R students on mission to spread financial literacy – The New Indian Express

By Express press service ROURKELA: Realizing the need for financial literacy, a group of students from the National Institute of Technology Rourkela (NIT-R) formed a finance club as part of the Student Activity Center (SAC). Through the club, the group helps other students to develop a talent for financial matters, to understand the complexities of […]

Financial plan

Tax collection exceeds 50% of the financial plan

Tax collection in Cambodia has increased in the first four months of this year, reflecting the resumption of economic activities since the government fully reopened the country last November. The General Directorate of Taxation (GDT) of the Ministry of Economy and Finance collected $1,501 million in tax revenue during the period January-April this year, or […]

Financial plan

Your financial plan should plan for inflation – The Oakland Press

When I entered the financial services industry many years ago, people turned to advisors for investment information because there was no internet back then. Today, people are looking for counselors to help them sort through the overabundance of conflicting information posted on the Internet. With so much data, it is difficult to determine what is […]

Financial plan

Your financial plan should plan for inflation – Macomb Daily

When I entered the financial services industry many years ago, people turned to advisors for investment information because there was no internet back then. Today, people are looking for counselors to help them sort through the overabundance of conflicting information posted on the Internet. With so much data, it is difficult to determine what is […]

Financial security

Is it a MUST in your twenties?

I’m sorry, but I’m not ready to do that. It’s not because I’m busy living like Paris Hilton. Unfortunately, I still pay rent downtown and don’t earn a huge salary. I still have to make practical choices based on my everyday income, but I’m not ready to rein in my spending. Honestly, I understand that […]

Financial literacy

Digital and Financial Literacy Program for Women of Churu in Rajasthan

Upsurge in women’s economic activities in self-help groups will pave the way for development in rural areas Upsurge in women’s economic activities in self-help groups will pave the way for development in rural areas An innovative digital and financial literacy program launched in the Churu district of Rajasthan is benefiting members of self-help women’s groups […]

Financial institutions

Financial institutions (NASDAQ:FISI) lifted to “buy” on StockNews.com

Financial Institutions (NASDAQ:FISI – Get a Rating) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note released Thursday. Separately, Zacks Investment Research moved financial institution stocks from a “hold” rating to a “buy” rating and set a price target of $31.00 for the company in a Monday research […]

Financial literacy

Najah Roberts teams up with Hill Harper on crypto and financial literacy projects

Originally published on the St. Louis Post Dispatch by GermanyKent WHO is Najah Roberts? Roberts is known nationally as the “Queen of Crypto”. The Chief Visionary Officer is a syndicated radio host, entrepreneur, keynote speaker, financial expert, and America’s leading authority on crypto. She is staunchly progressive with her unwavering support for helping others build […]

Financial security

The rich discourse on financial security. The poor speak of fear

James Nokise is a Samoan/Welsh comedian, writer and podcaster from New Zealand. He co-created the political satirical PSA series and mental health podcast Eating Fried Chicken in the Shower. OPINION: Why do people want to be rich? It certainly looks fun, if not a little surreal, bordering on carefree, depending on the Netflix viewing choices […]

Financial literacy

Financial literacy alone will not be enough to close the wealth gap

Sonya Dreizler: Hello, my name is Sonya Dreizler. With me today is Phuong Luong, and we’re here to talk about creating generational wealth for all families. Welcome, Phuong. Phuong Luong: Thank you. Thank you. What a pleasure to talk to you about this important subject. Yes, I am delighted to be here. dreizler: Well, let’s […]

Financial literacy

VyStar Announces Latest Financial Literacy Initiative in Duval County Schools – Action News Jax

JACKSONVILLE, Fla. — Did you graduate from high school knowing how to create and manage a budget? Do you understand how credit and interest rates work? What about investment fundamentals and compound interest? If you haven’t, you are far from alone. The consequence of having virtually no financial literacy in early adulthood often plays out […]

Financial literacy

First Financial Bank is hosting a book drive during Financial Literacy Month

The books will be donated to schools, libraries, churches and other community organizations in the community. LOUISVILLE, Ky. — In an effort to celebrate Financial Literacy Month, First Financial Bank hosted a book drive to collect finance books from the community. In a press release, First Financial Bank revealed that the drive raised more than […]

Financial institutions

Survey shows non-bank financial institutions prioritize

Atlanta, Georgia, May 12, 2022 (GLOBE NEWSWIRE) — Today, Strategic Treasurer and Kyriba release the results of the Non-Banking Financial Institutions (NBFI) survey. The survey questions probed NBFIs on their plans, activities and priorities and collected details ranging from account usage to AI/ML adoption and collateral management. The results clarify where the NBFIs are currently […]

Financial institutions

survey shows non-bank financial institutions prioritize security, compliance and efficiency | News

Atlanta, Georgia, May 12, 2022 (GLOBE NEWSWIRE) — Today, Strategic Treasurer and Kyriba release the results of the Non-Banking Financial Institutions (NBFI) survey. The survey questions probed NBFIs on their plans, activities and priorities and collected details ranging from account usage to AI/ML adoption and collateral management. The results clarify where the NBFIs are currently […]

Financial literacy

Financial Literacy for Young Albertans – Red Deer Advocate

Financial literacy is essential to successfully manage major life events. Many of us have had significant life experiences where financial literacy would have been helpful: maybe budgeting for college, signing a mortgage, getting a loan, running a small business or buying a car, and of course, do his taxes. . We’ve all heard the phrase, […]

Financial institutions

Financial institutions partner to scale up green finance in Africa

IFC and Equity Group Holdings Plc. announced today that they are expanding their partnership to support Africa’s sustainable development by improving access to financial services for small businesses and financing green projects in six countries in East and Central Africa. Enlit Africa (the unifying brand for African Utility Week and POWERGEN Africa) invites you to […]

Financial institutions

A fraud monitoring system for financial institutions is now required

FRAUD MONITORING. BSP now requires financial institutions to have an automated, real-time monitoring and fraud detection system to deal with the increase in cyberattacks against consumers. BSP Governor Benjamin Diokno said these systems should also be linked to the FIs’ comprehensive financial crime prevention system. (PNA file photo) MANILA – Financial institutions (FIs) regulated by […]

Financial literacy

First Financial Bank raises over £20,000 during Financial Literacy Month in April

First Financial Bank, its associates and customers raised more than 20,000 pounds in April to celebrate Financial Literacy Month, including more than 230 pounds in Northern Kentucky. The books were collected from all of First Financial’s more than 40 locations in the Northern Kentucky and Greater Cincinnati area and each of its financial centers in […]

Financial institutions

Community Development Financial Institution Funds Prepare for Broadband Infrastructure Funding: Broadband Breakfast

WASHINGTON, May 11, 2022 — A Treasury Department program that provides capital to disadvantaged communities is helping invest in building broadband infrastructure in rural America, some of those recipient institutions said at a Tuesday event. The department awards grants and certifies institutions such as banks, credit unions, loan funds, microcredit funds, or venture capital providers […]

Financial literacy

Michigan works! Southwest Partners with Local Banking Experts to Host Financial Literacy Workshop Series for Adults

KALAMAZOO, MICH. – Michigan works! Southwest has launched an all-new series of financial literacy workshops for adults facing financial barriers, those looking to connect with a banking institution, or looking for a new perspective on managing finances. In the new series, two types of workshop sessions are offered: Financial Literacy Overview Sessions hosted by Michigan […]

Financial institutions

From hammer to hammer: non-banking financial institutions face new security rules

Anthony J. Hendricks On December 9, 2021, the Federal Trade Commission issued final rules that amended its standards for protecting customer information (“Safeguard Rules”). These updated rules place additional requirements on how non-bank financial institutions must protect customer information. However, there has been some confusion about who these rules apply to and when companies must […]

Financial institutions

Global financial institutions remain confident in the Chinese market

Despite COVID-19 surges and mounting downward pressure on the economy, several global financial institutions have increased their presence or plan to do so in the Chinese market, expressing a vote of confidence in the prospects of the world’s second-largest economy. . Six asset management firms recently got the go-ahead to join Qualified Foreign Limited Partner […]

Financial institutions

SFA Economics and Finance Students Receive Awards from Local Financial Institutions |

Special for messenger NACOGDOCHES — Economics and finance students at Stephen F. Austin State University received monetary awards and scholarships — many donated by financial institutions in the Nacogdoches area — at a ceremony April 20. The award and scholarship recipients were chosen by faculty members of the Department of Economics and Finance at the […]

Financial literacy

The Rise of Financial Education Programs for Black and Other Immigrants in America

News Americas, NEW YORK, NY, Wednesday. May 11, 2022: The battle for racial equality has been going on for many years, but data shows that there is still a great economic disparity between different racial and ethnic groups in America. the Consumer Finance Survey reveals that white families have the highest level of typical and […]

Financial institutions

Financial Institutions Department: Five States File Enforcement Actions to Stop Russian Scammers from Perpetrating Metaverse Investment Fraud

May 11, 2022 – Five national securities regulators have simultaneously filed lawsuits against a Russian organization that allegedly promoted fraudulent investments in the metaverse to residents of the United States. The actions accuse Flamingo Casino Club of carrying out the scam by offering non-fungible tokens, commonly known as NFTs, allegedly linked to a metaverse casino. […]

Financial plan

How a personal financial plan can set you up for success

With all the uncertainty in the world, why not plan for your success? Financial planning is not a “one size fits all” approach. Real financial planning should consider all aspects of your past, present and future. If done correctly, it will guide you on the best path to achieving the goals you envision. A comprehensive […]

Financial institutions

Wells Fargo & Company (NYSE:WFC) and Financial Institutions (NASDAQ:FISI) Critical Survey

Wells Fargo & Company (NYSE: WFC – Get Rating) and Financial Institutions (NASDAQ: FISI – Get Rating) are both finance companies, but which is the best investment? We’ll compare the two companies based on valuation strength, analyst recommendations, risk, profitability, earnings, institutional ownership and dividends. Volatility and risk Wells Fargo & Company has a beta […]

Financial literacy

D. Alexis Samuels and FinLitX Modernize Financial Literacy

Meet D. Alexis Samuels, founder of Brain Game LS Inc., the Get On The Road to Prosperity (RTP) learning system, and his newest venture, FinLitX. The recurring theme is that all of these companies are focused on education, but at FinLitX it’s all about helping students grow financially using technology and blockchain, and its theme, […]

Financial plan

How to Create a Truly Holistic Financial Plan

Money / Financial Planning Natalia Lavrenkova / iStock.com We hear a lot about the terms “financial planning” and “financial plan” in the world of personal finance, but it’s not always clear what exactly that entails. And often, it’s easy to focus on just one aspect of your finances at a time, like setting up a […]

Financial institutions

How Financial Institutions Can Embrace Decentralized Finance

Financial services companies in the Middle East, including banks, insurance companies and fintechs, are increasingly interested in the opportunities and risks posed by decentralized finance (DeFi). Strategy&’s Jorge Camarate, Antoine Khadige, and Vishal Gupta explain how institutions can start embracing decentralized finance. As the name suggests, decentralized finance refers to peer-to-peer financial services with no […]

Financial security

Ann Arbor Nonprofits Launch Financial Security Program for Washtenaw County Families

ANN ARBOR – United Way of Washtenaw County and Ann Arbor Area Community Foundation are partnering with UpTogether to help Washtenaw County families deal with financial insecurity. UpTogether is an anti-poverty non-profit organization that provides families with funds and an online platform to share resources, support and connect with others to overcome their financial difficulties. […]

Financial literacy

Local professionals provide advice on financial literacy

MERIDEN – Financial knowledge and budgeting skills are some of the tools you need to deal with a rising cost of living. Rosa Carrero, community outreach manager for Liberty Bank, said there is a misconception that “nobody needs a budget” or that they don’t need a budget because they don’t have enough money. A budget […]

Financial literacy

Georgia will require a financial literacy course in high school

Georgia has become the latest state to enact a law requiring high school students to take a financial literacy course as a prerequisite for graduation. Governor Brian Kemp, a Republican, sign the bill as part of a more controversial set of educational measures that allow the removal of certain books from school libraries and prohibit […]

Financial literacy

FINANCIAL LITERACY NEW LEAP A1 |

Studies have long shown that high school students are woefully misinformed about personal finances and how to manage them. But the COVID-19 pandemic, which has revealed how many American adults are living on the financial edge, has spurred ongoing efforts to make financial literacy classes a school requirement. Seven states now require a stand-alone financial […]

Financial security

5 Financial Gifts You Can Opt For Your Mom’s Financial Security This Mother’s Day

No gift is enough to express gratitude to a mother for the sacrifice she has made for the education of her child. At least we can try to make her happy on Mother’s Day by providing her with financial and social security. “On Mother’s Day, you might want to give thoughtful gifts that can secure […]

Financial literacy

The 7 Best Financial Literacy Books for Kids and Teens

This story originally appeared on Due Money management is an important life skill that everyone should learn. Unfortunately, many people go through life without ever learning about personal finance. That’s why it’s important to start teaching your kids about money early. There are many great books on financial literacy for children and teens. The 7 […]

Financial plan

When your financial plan is going the wrong way, get off the bus – Press Enterprise

When it comes to planning your estate or business, never feel like it’s too late or the current situation is too desperate to make a change. Growing up in Hollywood in the 80s, most of our substitute teachers were “on break” actors who were happy to share their unusual life experiences. During our third-period class, […]

Financial literacy

‘Adult 101’ classes to teach financial literacy in Florida high schools next year – WFTV

VIDEO: ‘Adulting 101’ classes to teach financial literacy in Florida high schools next year ‘Adult 101’ Classes to Teach Financial Literacy Head to Florida High Schools Next Year Florida – Florida is set to join six other states in requiring high school students to take a financial literacy course in a few years, something a […]

Financial institutions

Northwestern Mutual Invests $5 Million in Black-Led Financial Institutions – InsuranceNewsNet

MILWAUKEE – May 5, 2022 – According to the Black Business Owner Spotlight 2021, 56% of Black entrepreneurs said access to capital was a recurring barrier, often limiting their ability to grow their business. To help break down this barrier and further close the racial wealth gap in the United States, Northwestern Mutual today announced […]

Financial literacy

Goodwill Manasota Receives Grant for Financial Literacy Training

The coast of the gift DAILY SRQ FRIDAY WEEKEND EDITION FRIDAY MAY 6, 2022 | Pictured: Goodwill Manasota GoodPartner Coach Dana Knuuti (left) with team member Dennis Burton. Photo courtesy of Goodwill Manisota. Goodwill Manasota prides itself on not only providing jobs for team members who may have barriers to employment, but also providing around-the-clock […]

Financial literacy

As personal financial literacy education grows nationwide, Maryland lags behind – Conduit Street

Nationally, data indicates that financial literacy is increasing and states are increasingly prioritizing the issue in public education. During the 2022 session of the Maryland General Assembly, lawmakers tackled the issue and passed a bill requiring public K-12 programs to incorporate financial literacy. K-12 dive, one website which provides “journalism and insight into the most […]

Financial institutions

Northwestern Mutual Invests $5 Million in Black-Led Financial Institutions to Accelerate Local Community and Economic Development

Funding to increase access to capital for Black and African Americans small business owners and entrepreneurs MILWAUKEE, May 5, 2022 /PRNewswire/ — According to the Black Business Owner Spotlight 2021, 56% of Black entrepreneurs said access to capital was a recurring barrier, often limiting their ability to grow their business. To help remove this barrier […]

Financial institutions

Q&A: The New Four-Year Plan of the General Council of Islamic Banks and Financial Institutions | Salaam Footbridge

Salaam Gateway spoke exclusively with Dr. Abdelilah Belatik, Secretary General of CIBAFI, to learn more about the new strategic plan, its objectives and challenges. The Q&A also touched on what CIBAFI considered to be the biggest challenges and opportunities in the global Islamic finance industry. Established in 2001 by the Islamic Development Bank and other […]

Financial institutions

CNote expands access to capital for community financial institutions with $25 million from Apple to support communities of color

Gloria Dickerson (front) and her We2Gether Creating Change team received funding from HOPE Credit Union to improve their community in Drew, Mississippi, with affordable housing, a playground, and grocery and grocery distribution centers telemedecine. OAKLAND, Calif. – May 5, 2022 – (Newswire.com) Today, CNote, an Oakland-based fintech, announced that Apple will use the CNote platform […]

Financial institutions

StockNews.com Downgrades Financial Institutions (NASDAQ:FISI) to Hold Them

StockNews.com downgraded shares of Financial Institutions (NASDAQ:FISI – Get a Rating) from a buy rating to a hold rating in a research report released Wednesday. Separately, Zacks Investment Research upgraded shares of financial institutions from a hold rating to a buy rating and set a price target of $31.00 on the stock in a report […]

Financial security

Why the Emotional Side of Financial Security Can Be ‘Very Inconvenient’

Step by step, Alexa Curtis increased her credit card debt as she grew her business as a blogger. She didn’t realize the money pit she had dug until it reached $30,000 and, like many young people, had no formal education in personal finance. So far, the 24-year-old has paid half on her own, but has […]

Financial literacy

(BPRW) Black Wealth: The Making of Black Angels Movement Introduces Financial Literacy 3.0 | Press Releases

(BPRW) Black Wealth: The Making of Black Angels Movement presents Financial Literacy 3.0 IFEL Hosts Workshops to Bring Greater Diversity to the World of Angel Investing (Black PR Wire) NEWARK, NJ – While 2021 was a record year for startup investment with more than $137 billion invested in the first quarter of the year, the […]

Financial security

Secure Act 2.0: How women’s financial security will be affected by new legislation

Cecilie_Arcurs/Getty Images US House’s approval of Secure Act 2.0 should benefit all retirees if the bill becomes law, but it could give a particular boost to women, who have been disproportionately affected by the COVID-19 pandemic. 19. Check Out: 15 Worst States To Live With Just A Social Security CheckMore: 27 Ugly Truths About Retirement […]

Financial literacy

101 Financial Launches 99 Collegiate Financial Literacy Course for College Credit With Belhaven University

Program offered through a highly interactive boot camp model with a personal financial coach OREM, Utah, May 4, 2022 /PRNewswire/ — Rated BBB A+ 101 Financial, the personal financial literacy society, launches its 99 Collegiate Financial Course for college credit. 101 Financial offers learners the unique combined advantage of the academic excellence of 101 Financial’s […]

Financial literacy

Jenny Walker: Accentra promotes financial literacy using award-winning Banzai program – Austin Daily Herald

Accentra Credit Union is committed to improving financial literacy. Financial literacy is knowing what finances are and how to spend, save and manage money effectively. Everyone has a “financial situation”, for some it is not very good, and for others it is very good. But everyone has one. Financial literacy is the ability to take […]

Financial institutions

#ASDailyScoop: INSA declares cyberattack against GERD, financial institutions foiled

Shumete Gizaw (PhD). Photo: INSA Addis Ababa – Shumete Gizaw (PhD), director general of the Information Network Security Agency (INSA), said the agency foiled planned cyberattacks targeting the Grand Ethiopian Renaissance Dam (GERD) and key institutions financial. Failed cyberattacks include attempts to obstruct the work of the GERD by targeting 37,000 interconnected computers used by […]

Financial institutions

Financial Institutions (NASDAQ:FISI) Upgraded to Buy from Zacks Investment Research

Zacks Investment Research has improved the shares of Financial Institutions (NASDAQ:FISI – Get a Rating) from a hold rating to a buy rating in a research report sent to investors on Monday, Zacks.com reports. The brokerage currently has a $31.00 price target on the bank’s stock. According to Zacks, “Financial Institution Inc. is a bank […]

Financial literacy

credit union provides financial literacy tools for students | Education

Nusenda Credit Union is helping bring financial literacy training to more than 2,660 New Mexico students and residents, including students from at least one school district in Taos County, according to a news release from Banzai, a program online and a content library that allows users to practice real-world finance from their homes and classrooms. […]

Financial security

Simplicity Continues Growth Trajectory with Acquisition of Financial Security Associates and Welcomes Paige Blair as a Partner

SUMMIT, NJ, May 2, 2022 /PRNewswire/ — The Simplicity Group (“Simplicity”), one of the nation’s leading financial products distribution companies, today announced the acquisition of Financial Security Associates (“FSA”), a Raleigh, North Carolinafirm specializing in life insurance, annuities and disability benefits. Founded in 1993 by an industry veteran Dwight Carter, FSA has grown from a […]

Financial plan

Lentrade LLC launches new financial plan for future financial stability

Lentrade America LLC Lentrade United Kingdom LTD The Lentrade LLC, an investment company has made known to the general public a systematic method that it has developed to improve the financial situation of everyone. At Lentrade, we believe that everyone deserves a chance to have a future with financial stability. — Brian Armstrong (CEO of […]

Financial security

The clearinghouse offers tokenization

The Clearing House said it plans to strengthen security and better protect customers against cyber hackers and fraud through tokenization, according to one company. Press release Monday (May 2). By replacing a customer’s actual account numbers or sensitive data with random numbers or tokens, the process reduces the need for customers’ actual personal information to […]

Financial security

Sun Life Malaysia is focused on improving financial security and helping people live healthier lives

The life insurance and takaful company remains committed to empowering Malaysians to achieve lifelong financial security and live healthier lives and was recently honored at the Malaysia International Business Awards 2022. Sun Life Malaysia won the Malaysia International Business Awards 2022 trophy in the Life Insurance category for its commitment to empowering Malaysians to achieve […]

Financial institutions

In a rapidly developing fintech landscape, traditional financial institutions must be prepared to constantly evolve: Rahul Agarwal of Capri Loans

Finance, along with healthcare and education, has been a sector that has seen an extremely dynamic changing landscape during the COVID-19 pandemic. The sector, which had seen a steady rise in fintech companies, suddenly saw an increase in such startups seeking to conquer the digital finance space. Traditional financial institutions, despite their dominance in the […]