Just when things were starting to feel somewhat normal, the economy took a turn for the worse. We’re cutting back on all non-essentials like snacks and streaming services to make sure we have enough room in our budget for things like utility payments, rent, and gas. But there is a silver lining. It’s an opportunity […]
QNETFinGreen’s financial education program was launched as a pilot program in Turkey and Nigeria. The program aims to increase financial inclusion for marginalized communities and address the financial challenges young adults face when they lack the knowledge and confidence to successfully manage their finances. FinGreen operates on the basis of three pillars: assess, train and […]
WARSAW, NY, June 30, 2022 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”) will report results for the second quarter ended June 30, 2022, after market close on July 28, 2022. […]
For many LGBTQ+ adults, planning for retirement, investing, and even budgeting is a challenge. Nearly two-thirds of LGBTQ people surveyed said they live paycheck to paycheck most of the time, according to a new National Retirement Institute investigation of 1,000 nationally representative adult U.S. consumers and 1,000 members of the LGBTQ+ community. This figure jumps […]
What made you choose this particular career path and where did you start? I’ve always liked numbers – ever since I was young. My dad was an accountant, so I guess the apple didn’t fall too far from the tree. The challenge was that my other passion was helping people. So, I needed to find […]
The Central Bank of Nigeria (CBN) has issued guidelines to improve cybersecurity in the Nigerian financial sector, especially among other financial institutions (OFIs), setting 1 January 2023 as the deadline for compliance by all the institutions concerned. This was revealed by Ms. Nkiru Asiegbu, Director of the OFI Supervision Department in a recently published circular. […]
Ho Economics Peatland Awareness The Bank of Ghana (BOG) organized a sensitization workshop for officers of the Ghana Immigration Service (GIS) in Dambai in the Oti region on financial literacy. Discussions focused on the rights and responsibilities of financial consumers, procedures for resolving customer complaints and creating an anti-money compliance culture. Mr. Augustine Amoako Donkor, […]
Rose carried a flair of sophistication that we admired from afar. She was impressed because she understood the language of money. She came closer and whispered to me, “David, cash creates the potential for it to be stolen even if someone isn’t a thief. Keep the cash”.That’s all I remember of that cold September 2009 […]
A new report from Vivid Economics by McKinsey and the UK-funded Financial Sector Development Agency FSD Africa stresses the importance for financial institutions to unlock the potential benefits of investing in businesses that protect and grow nature. The application of a first-of-its-kind analysis to three private banks and the financial systems of Zambia, Egypt, Ghana, […]
Butensky & Cohen Financial Security Inc. increased its position in shares of Johnson & Johnson (NYSE:JNJ – Get a rating) by 3.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 24,031 shares of the company after purchasing an additional 740 shares during the period. Johnson & Johnson accounts for about 1.5% of Butensky […]
First Metro Bank, headquartered in Muscle Shoals, has continued to grow its financial literacy footprint since its inception in 1988, including in Franklin County. The bank is a long-time participant in the American Bankers Association’s Teach Children To Save program. Through this program, First Metro Bank provides local fourth, fifth and sixth grade classrooms with […]
For the second consecutive year, Burgan Bank continues to support the financial awareness campaign “Let’s Be Aware” (Diraya), by sponsoring and participating in various internal and external activities. In line with the Bank’s social responsibility program and under the aegis of its sustainability platform, this has included recent events such as Al Ahmedi Governorate’s third […]
Governor Gretchen Whitmer signed House Bill 5190 on June 16 updating Michigan’s high school curriculum to include a financial literacy course for the first time in state history. “I remember having a conversation with my own daughter and she was complaining about Algebra 2,” Whitmer said after her annual Macomb County speech to Shelby Twp. […]
The Philippine Deposit Insurance Corporation (PDIC) led the nationwide celebration of the 20th Depositor Protection and Awareness Week (DPAW) from June 16-22, themed “Deposito sa Bangko, Katuwang sa Pag-asenso”, which promotes the importance of wise savings and responsible banking to achieve financial security in life. As the lead agency of the DPAW, the PDIC has […]
AUSTIN, Texas–(BUSINESS WIRE)–Q2 (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today provided an update on the rapid expansion of its ecosystem of fintech partners since launching the Q2 Innovation Studio in June 2021, quadrupling the number of fintech partners and deployments with financial institutions since launch. More than 80 […]
Butensky & Cohen Financial Security Inc. increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 1.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund held 23,151 shares of the financial services provider after buying an additional 390 shares during […]
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Results of a world’s first stress test conducted by FSD Africa and Vivid Economics by McKinsey show that African financial institutions are unprepared for nature-related risks A new report highlights the importance for financial institutions to unlock the potential benefits of investing in businesses that protect and develop nature. Applying ground-breaking analysis to three private […]
V0.2 of the Beta framework of the Task Force for Nature-related Financial Disclosures (TNFD) was released on 28e June which includes an updated LEAP assessment process for financial institutions as well as additional measurement guidance. Some financial institutions have started taking steps to align with the draft framework (v0.1), with the greatest alignment around the […]
Butensky & Cohen Financial Security Inc. increased its stake in Alphabet Inc. (NASDAQ: GOOGL – Get a rating) by 2.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The company held 1,574 shares of the information services provider after acquiring 42 additional shares during the […]
The period between 2020 and 2030 is a critical decade for determining the trajectory to net zero. The Sixth Assessment Report of the Intergovernmental Panel on Climate Change showed that to limit global warming to 1.5°C, global greenhouse gas emissions must peak by 2025 and be reduced by 45% (compared to 2019 levels) by 2030. […]
Butensky & Cohen Financial Security Inc. removed its position in Visa Inc. (NYSE:V – Get a rating) by 3.3% in the first quarter, HoldingsChannel reports. The company held 17,208 shares of the credit card processor after purchasing an additional 554 shares during the period. Butensky & Cohen Financial Security Inc.’s holdings in Visa were worth […]
Financial literacy is an important concern for Americans, especially for younger generations such as Millennials and Gen Z. An increasingly difficult economy, coupled with a lack of comprehensive financial education in many public schools, means that young consumers often lack a general understanding of basic financial concepts such as interest, savings and mortgages. This leaves […]
Butensky & Cohen Financial Security Inc. increased its equity stake in The Walt Disney Company (NYSE: DIS – Get a rating) by 5.3% in the first quarter, HoldingsChannel reports. The company held 19,870 shares of the entertainment giant after acquiring an additional 1,000 shares during the period. Butensky & Cohen Financial Security Inc.’s holdings in […]
Butensky & Cohen Financial Security Inc. raised its position in Verizon Communications Inc. (NYSE: VZ – Get a rating) by 7.9% in Q1, according to the company in its latest filing with the Securities and Exchange Commission (SEC). The company held 79,253 shares of the mobile operator after buying an additional 5,783 shares during the […]
Lopez and Broxel provide a financial opportunity for the Mexican American community. Getty Financial literacy in schools is often informally discussed as essential and relevant for every student wishing to succeed after graduation. Yet statistics on students taking a classroom program on finance remain extremely low. According to recent data from the nonprofit Next Generation […]
Today, it is clear that the economy is not doing well. Gross domestic product contracted at an annual rate of 1.5% in the first quarter of 2022, according to the US Bureau of Labor Statistics, and inflation is at its highest level in 40 years. What we do know is that consumers are feeling the […]
Financial institutions are encouraged to invest in positive outcomes for nature A new report from Vivid Economics by McKinsey and UK-funded financial sector development agency FSD Africa highlights the importance for financial institutions to unlock the potential benefits of investing in businesses that protect and grow naturally . Applying a first-of-its-kind analysis to three private […]
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CHARLESTON, SC (WCSC) — The City of Charleston is offering free virtual classes for young adults to learn about personal finance. On Friday morning, their workshop will be on smart spending and realistic goals, and the next two will be on building credit and managing debt, and long-term financial goals. The first meeting took place […]
Digital banking is especially popular among members of younger generations, like Millennials and Gen Z, many of whom have never banked in a branch. However, these generations are also the least likely to have a strong understanding of financial matters. Forty-one percent of adolescents say their high schools don’t offer any financial literacy classes, and […]
WARSAW, NY, June 13, 2022 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (IIFS, Financial) (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 its Board of Directors has approved a share buyback program for up […]
The Post is correct that all students should receive a solid financial education as part of the school curriculum. However, the June 13 editorial “A Valid Demand” missed a critical point. Many students want a financial literacy that teaches them to be careful, non-impulsive spenders. And in DC, a group of fourth and fifth graders […]
A TEEN has been accused of creating a computer virus that has ‘crashed hundreds of financial institutions’ around the world. Although he did not appear in Newtownards Magistrates’ Court on Thursday, Josh Maunder (18) was charged with 21 offences, including 13 counts of committing an unauthorized act impairing the functioning of a computer, two counts […]
According to the United States government, a 2014 study showed that 18% of 15-year-olds lacked basic financial skills. United Way is working to change that. In partnership with local organizations, young people from the capital region have spent the last few months at the “Danny Dollar Academy”. “We hear a lot of our program partners […]
nature-and-financial-institutions-in-africa-a-first-assessment-of-opportunities-and-risks Vivid Economics modeling by McKinsey and FSD Africa shows the impact of nature loss could double lending losses to some sectors and highlights the need to act now. A new Vivid Economics report by McKinsey and UK-funded financial sector development agency FSD Africa highlights the importance for financial institutions to unlock the potential benefits […]
Thirty high school teachers representing counties across the state are meeting at Campbell University’s Lundy-Fetterman School of Business this week to learn innovative ways to teach financial literacy and economic education in their respective schools. The workshop – born out of a partnership between the University and the North Carolina Council on Economic Education – […]
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Every few days, another plague on the global economy is exposed: UK inflation hit its 40-year high on Wednesday. The US Federal Reserve raised its target interest rate by three-quarters of a point last week. Parts of Europe are bracing for a summer of industrial action, as people protest high prices and stretched wages. In […]
Today, it is clear that the economy is not doing well. Gross domestic product contracted at an annual rate of 1.5% in the first quarter of 2022, according to the US Bureau of Labor Statistics, and inflation is at its highest level in 40 years. What we do know is that consumers are feeling the […]
ISLAMABAD: Members of the National Assembly (MNA) on Wednesday expressed their firm belief that Pakistan will regain the confidence of international financial institutions after the incumbent government took corrective measures in the 2022-23 Federal Budget to improve the national economy. Participating in the budget debate in the National Assembly, Chaudhry Faqir Ahmed of the PML-N, […]
Why financial security is essential to living a fulfilling life By Korir Isaac / Posted on Jun 22, 2022 | 10:03 KEY POINTS Financial planning is the path to financial security. But how do you plan to ensure you lead a fulfilling life in retirement? How can you say that you are working towards financial […]
Rose carried a flair of sophistication that we admired from afar. She was impressed because she understood the language of money. She came closer and whispered to me, “David, Cash creates the potential for him to be robbed even if someone isn’t a thief. Keep the money away » That’s all I remember of that […]
Prepare for security financial future is a daunting task for any employee. But for members of LGBTQ communitynew research shows that they often feel like their climb is a bit steeper and they are falling behind financially. The Nationwide Retirement Institute recently surveyed 1,000 LGBTQ adults in the United States about their financial needs and […]
New study from Security Benefit finds educators prefer learning how to manage their finances from financial advisors over other methods TOPEKA, Kan., June 21, 2022–(BUSINESS WIRE)–According to new research from Security Benefit, a leading provider of retirement planning products and solutions in the K-12 education market, more than half (52%) of all educators would rather […]
Report by Tom Akana Advisor and research fellow, Consumer Finance Institute 21 June ’22 This report shares findings from Wave 12 of a national consumer survey investigating the effects of COVID-19 on employment and income data, including employment during the crisis, changes in income at over […]
Scharfenberger bill will increase financial literacy in New Jersey classrooms Middletown, New Jersey – MP Gerry Scharfenberger (R-Monmouth) introduced legislation (A4355) that will increase financial literacy in all New Jersey high schools with the inclusion of courses focused on the impact of loan underwriting as well as how to ensure personal economic responsibility and security. […]
Payveris introduces loan repayments for financial institutions By Edlyn Cardoza Today box electronic check Financial institutions Modern money movement leader Payveris, a division of Paymentus, recently launched Loan Payments®, a cutting-edge loan and debt repayment service with the broadest range of real-time payment methods and channels available on the market. Loan payments® is designed to […]
Old Mutual has partnered with the Kenya Institute of Curriculum Development (KICD) to begin development of an online financial literacy orientation course for junior and senior secondary teachers. The course is designed to equip teachers with the ability to effectively implement the financial literacy concepts that need to be integrated into the curriculum during the […]
Father’s Day is a great opportunity to express your gratitude to your beloved dad by giving financial gifts that would provide him with long-term benefits. “With reduced energy and income, it may become difficult for your father to seek out investment avenues that can improve the return on his retirement capital and fight inflation. If […]
KARACHI: Faced with rapidly dwindling national natural gas reserves, Pakistan is relying more on imported liquefied natural gas (LNG) as an alternative fuel, which is misguided policy, according to a latest report released on Friday. “But rather than simply replacing one form of gas with another – the switch to imported LNG – undermines the […]
Three videos showcasing the promotion of financial literacy in Cambodia, produced by youth and university students, were selected and awarded, reflecting greater participation of the younger generation in the financial sector. The final competition, held on June 17, was co-organized by Rithipul, a company that empowers Cambodian people and businesses with financial management knowledge, skills […]
By SILE MOLONEY ASSEMBLY MEMBER NATHALIA Fernandez (AD 80), pictured in Norwood on June 8, 2022, would like to see more free financial literacy in schools for young people, to help create more financially stable communities and generations. Photo by Sile Moloney Money doesn’t grow on trees, we’ve been told since childhood. At the heart […]
Freelance journalists in Turkey, who are already working under difficult political conditions, are also increasingly worried about their financial security as the country’s media faces significant commercial pressures, with devaluation fueling record inflation for 20 years, said Turkish Media reportedciting Reuters Institute Digital News Report 2022. The report says that many newspapers in Turkey, which […]
● Loan Payments® is built by Paymentus, recognized by Aite-Novarica as the “Best in Class” industry leader for Biller Direct EPPP solutions ● The new Payveris service is powered by the Instant Payment Network®, the only integrated ecosystem of real-time digital bill presentment, payment and money movement capabilities on the market CROMWELL, Conn., June 17, […]
Inflation is eroding your purchasing power. According to the CPI, prices for goods and services rose 7.9% year on year in February, the fastest rate since January 1982. Increasing expenditures are pinching American households. According to a new Forbes Advisor-Ipsos Consumer Confidence Biweekly Tracker, most respondents are either very anxious or moderately concerned about increasing […]
Elementary students will have the opportunity to create a savings account and learn banking skills as the Community Christian School partners with Riverstone Bank to open a student-run Eagle River Bank. The two entities have built a relationship, with the bank supporting school activities for several years. The bank is now looking to develop a […]
The potential redevelopment of a New Hanover County-owned block in downtown Wilmington could now include a $2.5 million contingency plan for the developer in case state officials waive a part of the emerging agreement. The Grace Project could transform the 3-acre block bordered by Grace, Third, Chestnut and Second streets into a mixed-use project, requiring […]
FOR IMMEDIATE RELEASE June 16, 2022 Contact: Press@michigan.gov Governor Whitmer signs bill updating Michigan’s curriculum to include financial literacy course, preparing students for graduation with lifelong skills LANSING, Mich. – Today, Governor Gretchen Whitmer signed House Bill 5190, a bipartisan bill updating Michigan’s high school curriculum to include a financial literacy course for the first […]
By Stephanie Williams, Vice President, Vericast There is a dichotomy in current consumer attitudes towards finances: on the one hand, consumers are emboldened by more choice, higher wages and some relief from the pandemic, but on the other hand they face market volatility, rising inflation and clogged supply chains. . Market volatility, in particular, has […]
Despite improving asset quality, financial institutions, including banks, need to proactively undertake stress testing of their loan portfolios to examine loss absorption limits and take steps to improve them. if necessary, RBI Deputy Governor Mr Rajeshwar Rao said on Thursday. Gross non-performing assets (GNPA) and net NPA of banks improved to 5.97% and 1.7% as […]
“As a mother, I want every Michigan graduating child to enter the world with a diverse set of skills and knowledge, and that must include financial literacy,” Whitmer said in a written statement. Related: At the discretion of local school boards, the course may qualify for half credit in math, world languages, or arts. Currently, […]
MUMBAI: Despite improving asset quality, financial institutionsincluding banks, should proactively undertake stress testing of their loan portfolios to examine loss absorption limits and take steps to improve them, if necessary, RBI Deputy Governor M Rajeshwar Rao said on Thursday. Gross non-performing assets (GNPA) and net NPA of banks improved to 5.97% and 1.7% as of […]
“Money makes the world go round”, “money talks”, “money matters” are some of the famous quotes we have been hearing for a long time. Financial literacy plays a vital role in understanding the importance of income, saving and investing at the individual, family, institutional and national level. Financially literate people make informed decisions and make […]
By trend UN Secretary-General Antonio Guterres on Tuesday called on all financial institutions to abandon fossil fuel financing, Trend reports quoting Xinhua In a video address to Austria’s World Summit in Vienna, the top UN official said renewables were “the peace plan of the 21st century” and called for scrapping fossil fuel funding altogether, for […]
The role of financial literacy in an economy should not be underestimated. As former Associate Professor, Mark Graham of the UCT Graduate School of Business points out, the benefits of financial literacy are manifold, “from helping households manage their budget and savings to enabling entrepreneurs to embark on enterprise of value creation and economic growth”. […]
June 15, 2022 Borden Ladner Gervais LLP To print this article, all you need to do is be registered or log in to Mondaq.com. What do you want to know The Office of the Superintendent of Financial Institutions (OSFI) published a draft guideline (the Guideline) on Climate Risk Management on May 26, 2022. […]
ERIE, Pa. – June 14, 2022 – In a national survey of American consumers commissioned by Erie Insurance, two-thirds of respondents said they are more concerned about their financial security than they were before, and many are taking steps to address it. The wide-ranging survey also revealed what people miss most about working from home […]
LONDON, June 15, 2022 /PRNewswire/ — Allspring Global Investments (Allspring), a leading independent asset manager with over US$541 billion of assets under management*, today announced the appointment of Charlie Wilson as Head of Financial Institutions for the UK and Swiss. Charlie joins Allspring with over 25 years of experience working for global asset managers, leading […]
National Bonds has announced its collaboration with Taaleem, one of the leading education providers in the United Arab Emirates, to develop essential financial planning skills in children of all ages. The partnership will see the launch of an educational campaign with more than 15,000 students who are part of Taaleem schools in the United Arab […]
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This is the hottest debate in climate finance: whether to divest high-emitting industrial assets or finance them until they can be shut down. A global coalition of 500 banks, asset managers and insurers has published its plans and procedures for dealing with assets such as coal mines, oil fields, steel mills and cement works that […]
BICM workshop FE REPORT | Published: June 15, 2022 10:01:39 During a workshop, experts suggested improving the financial knowledge of women investors in order to increase their participation in the capital market. They stated that if female investors come into the market with prior knowledge of the market and safe investment strategies, they can reduce […]
In a year when wellness is a topic close to our hearts, it’s a good time to assess our financial health to see if we could make improvements. People often focus on their finances when life changes occur or tragedy strikes – but much like an annual checkup with your doctor, it’s important to be […]
“The problem with not having a goal is that you can spend your life running around the pitch and never score.” –Bill Copeland Finalizing the destination is the first and most important step in planning your trip. A planned route helps to make optimal and efficient use of available resources. Likewise, life goals should be […]
Nearly half (43%) of all major financial institutions have now adopted open banking. According to a new study by Curity, an identity management company focused on open banking, the top three motivations for adopting open banking are to improve competitiveness (58%), to offer new products and services (55 %) and meet customer demand (48%). hundred). […]
By Kathleen Craig AAs a former banker, financial literacy is a topic I’m passionate about because a lack of financial knowledge affects people’s personal finances in impactful ways. According to a new survey by theNational Council of Financial Educators, a lack of personal finance knowledge costs an average of $1,389.06 per individual, or $352 billion […]
A recent survey by the Swiss Re Institute, two years after the start of the COVID-19 pandemic, showed that the pandemic has led to a greater emphasis on health and financial security, which has led to more purchases online insurance and a greater willingness to share personal health data, especially among the younger generation. This […]
What do you want to know The Office of the Superintendent of Financial Institutions (OSFI) published a draft guideline (the Guideline) on Climate Risk Management on May 26, 2022. The guideline sets out OSFI’s expectations for federally regulated financial institutions (IFF) regarding the management of climate-related risks, which OSFI broadly categorizes as physical risks and […]
The clock is ticking until companies are blacklisted for not doing business with the state The West Virginia State Treasurer’s Office contacted six financial institutions on June 10 regarding alleged violations of its new law to prevent banks from boycotting the energy sector. These institutions are BlackRock, Goldman Sachs, JPMorgan Chase, Morgan Stanley, US Bancorp […]
WARSAW, NY, June 13, 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 its Board of Directors has approved a share buyback program of up […]
When getting large loans for a big purchase like a house or a car, a good credit rating is key to getting the best interest rates. Those with the highest credit ratings can usually benefit from the lowest interest rates available, which translates into significant savings over time. Yet, at present, UK consumers generally take […]
It is essential that students acquire knowledge of finance and how financial markets work to contribute to the growth of society, said District Collect Navjot Khosa. She was speaking on Saturday during a program organized by the Department of Investment and Public Assets Administration (DIPAM) of the Ministry of Finance in conjunction with the Azadi […]
Professor Sandy Onor June 11 (THEWILL) – Financial institutions inside and outside the country have been warned against extending more loans to the Cross River State government. People’s Democratic Party (PDP) Guber flag bearer in the state, Professor Sandy Onor issued the warning in Calabar. The warning comes amid reports that the state government has […]
British Columbia’s stable and continued credit ratings show key stakeholders in the financial community are validating the province’s fiscal plan to invest in the services people need and build a strong, sustainable future for British Columbia Despite major world events that have increased inflationary pressures and spared no province or country, all four major international […]
Lyna Mohammad BIBD Securities Sdn Bhd (BIBDS) is about to organize an investment challenge aimed at improving the financial literacy of young people in the field of investment. The six-month challenge begins June 15 and promises a competitive yet fun environment. Participants will gain a better understanding of the benefits of investing and the virtue […]
EEven as our country continues to weather the worst effects of the COVID-19 pandemic, supply chain issues persist, inflation, pressure on labor and wages are rising, and interest rates increase. As Americans struggle to make sense of it all — and plan accordingly — a lack of financial literacy makes it difficult for many. In […]
Lagos, Nigeria, June 10, 2022 /PRNewswire/ — More and more international financial institutions are participating in the development of fintech in emerging markets. MasterCard recently established a strategic partnership with OPay, a fintech unicorn in emerging markets. On May 19, 2022MasterVSard and OPay, a fintech company focused on emerging markets, announced a strategic partnership to […]
Dear Chuck, I started participating in my company’s 401K when I started my first job out of college last year. I know I should also donate and set aside funds for emergencies. But where do I start? Newbie with money Unsplash/Damir Spanic Dear newbie with money, It’s refreshing to hear from someone your age who […]
By mikem@thecolumbiastar.com | on June 09, 2022 Contributed by Angela Crosland Kelly Brooks Kelly Brooks, chair of Dreher High School’s Career and Technical Education (CTE) department, is among 20 educators from across the state who are part of the third cohort of the Carolina Treasurer’s Financial Literacy Master Teacher Program. of the South, Curtis Loftis. […]
Jenkins Elementary School’s Leader-in-Me Financial Literacy Mentorship Program Teaches Students Essential Financial Literacy Skills John D. Jenkins Elementary School, in partnership with the National Coalition of 100 Black Women Prince William County Chapter, Inc., (NCBW/PWCC), hosted the Leader-in-Me-Leadership financial literacy program, a program mentorship for elementary students. . During the 2021-2022 school year, the program […]
Michigan lawmakers have approved a bill requiring high school students to take personal finance to classify. It now goes to Governor Gretchen Whitmer for her signature. This would make Michigan the 14th state to require public high schools to teach personal finance. Florida and Georgia also passed similar laws this year, and a number of […]
(Photo: 9nong/AdobeStock) Personal finance is not a static issue and not everyone defines it uniformly. For example, the LGBTQ+ community’s perspective on their finances. A new National study shows that LGTQ+ Americans are, in fact, less likely than the general public to have a positive view of their personal financial situation. Baby boomers seem to […]
As the popular adage goes, “change is the only constant” and climate change fits the bill perfectly, as every notable change in climate patterns poses an increased risk to financial stability. It is therefore not surprising that climate risk continues to be one of the main agendas of banking and financial institutions. As regulators, banks […]
Residents of South Side Peoria have a new place to go for financial information, education and advice. A grand opening ceremony on Wednesday afternoon featured the Busey Bank Bridge, a community space intended to improve the region’s financial literacy and access to economic opportunity. “It means so much to Busey to be able to reinvest […]
A group of leading financial institutions from across Africa met with the Ministry of Environment, Science, Technology and Innovation (MESTI) and the UK-funded Financial Sector Development Agency FSD Africa as founding members of the African Natural Capital Alliance (ANCA). The alliance, in partnership with the United Nations Economic Commission for Africa (ECA), will act as […]
A group of leading financial institutions from across Africa met with the Ministry of Environment, Science, Technology and Innovation (MESTI), and the UK-funded Financial Sector Development Agency FSD Africa as founding members of the African Natural Capital Alliance (ANCA). The alliance, in partnership with the United Nations Economic Commission for Africa (UNECA), will act as […]
Three of Sunnyside’s top wrestlers have partnered with a state agency to host a wrestling and financial literacy camp for underserved youth in their community. Count withdrawalswhich runs June 14-18, will accommodate 60 Tucson K-12 students. The camp is led by Blue Devils State Champions Jaime Rivera Jr., Audrey Jimenez and Michael Avelar, who all […]
The UAE-based education company specializes in teaching teens and young adults how to make smarter financial decisions. Photo provided Published: Tue, Jun 7, 2022 10:55 PM Last update: Tue, Jun 7, 2022 10:58 PM KFI Global, a UAE-based education company that specializes in teaching teens and young adults how to make smarter financial decisions, was […]
More … than $400,000 in grants from Santander Consumer UNITED STATES Inc. Foundation supports New Friends New Life and Genesis Women’s Shelter & Support DALLAS, June 7, 2022 /PRNewswire/ — Santander Consumer UNITED STATES Inc. (“SC”) helps victims of domestic violence find financial freedom and funds an initiative to remove economic barriers for women and […]
Mia Mottley, Prime Minister of Barbados, made headlines around the world last year with her candid but solutions-focused speech at the COP26 climate change conference in Glasgow. And just last month, she was named one of Time Magazine’s 100 Most Influential People of 2022. Now co-chair of the United Nations Secretary-General’s Sustainable Development Goals (SDGs) […]
DDespite the progress made by the LGBTQ+ community over the past decade in terms of legal protection, members of the community still lack equality when it comes to financial security. A recent survey conducted by the National Retirement Institute show that while 54% of the general US population were optimistic about their personal financial situation, […]
HOUSTON–(BUSINESS WIRE)–Archaea Energy Inc. (“Archaea”, “the Company” or “we”) (NYSE: LFG), a leading renewable natural gas (“RNG”) company, today announced that the one of its subsidiaries has obtained binding commitments from five financial institutions to amend its revolving credit and term loan agreement to, among other things, increase total commitments from approximately $450 million to […]
The central bank has asked all financial institutions under its supervision to strengthen staff training in order to have qualified and proactive staff serving the general public. Commercial banking training is any type of course or formal upgrading that gives learners the essential skills for a career in commercial banking or financial management. Bank of […]
A plan to improve the Big Thompson River corridor through the town of Loveland comes with an expected price tag of around $53 million, but where that money will come from has yet to be decided. On Tuesday, the city council will consider two funding proposals to help get the plan started, but both include […]
The Bangko Sentral ng Pilipinas (BSP) announced on May 19 the Monetary Board’s decision to raise rates by 25 basis points (bp) starting May 20. Some analysts expect the Monetary Board to raise benchmark rates by 75 bps this year to rein in inflation and reduce currency risks after the US Fed (US Federal Reserve) […]
On Tuesday, Montgomery County Public Schools officials are expected to recommend to the school board whether a financial literacy course should be required for high school students before graduation. In October, student board member Hana O’Looney asked the district to explore requiring high school students to take a half-credit course on concepts like filing taxes. […]
Maybank continues to champion financial literacy among Cambodia’s young population, with the launch of its fifth financial literacy program Maybank Cashville Kidz which aims to benefit over 9,800 students. The program, approved by the National Bank of Cambodia and the Cambodian Ministry of Education, Youth and Sports, will run from June 2022 to September 2022. […]
This milestone demonstrates rapid growth and strong demand for UN’s financial security products AUSTIN, Texas–(BUSINESS WIRE)–Today, unu, an all-in-one banking and insurance solution, announced a new milestone by surpassing 100,000 subscribers on its waiting list ahead of its launch this summer. Designed for and by Americans of modest means, Onuu offers personalized membership, uniquely designed […]
By Jamil MinaChief Architect, Financial Services, Red Hat Over the years, the popularity of the public cloud has grown in the financial services industry, holding the promise of delivering IT services faster and scaling those services on demand to meet peak business demand. Cloud adoption requires large enterprise developers to learn new technologies and become […]
Friday, June 3, 2022, 5:09 p.m.Press release: MoneyTime Concern over the lack of financial literacy education in schools has led to the development of several world-class personal finance programs for children in New Zealand. Both MoneyTime and Banker High were finalists for Best Non-Financial Services Company at the inaugural Money Inclusion and Awareness Award (MAIA) […]
ISLAMABAD: The Automatic Exchange of Information (AEOI) Areas of Tax Administration Commissioners will conduct compliance audits and inspections of financial institutions to ensure compliance with the Common Reporting Standard for the Exchange of Taxes information on taxpayers’ financial accounts with other tax jurisdictions. The Federal Board of Revenue (FBR) on Thursday released Tax Circular Number […]
equipifi recently announced that it has raised $12 million in funding. These are the details. equipifi — a fintech company providing banks and credit unions with a Buy Now, Pay Later (BNPL) white-label solution — announced a $12 million Series A funding round. And the investment, led by Curql Collective through Curql Fund and PHX […]