Financial Literacy

OCC’s Hsu Encourages FIs to Help Immigrants Gain Access to Credit   
OCC’s Hsu Encourages FIs to Help Immigrants Gain Access to Credit   
April 11, 2024  |  Financial Inclusion

This week, Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC) called on U.S. financial institutions (FIs) to take...

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OCC Asks FIs to Offer Customers ‘High-Quality Financial Literacy Education’
OCC Asks FIs to Offer Customers ‘High-Quality Financial Literacy Education’
April 03, 2024  |  Consumer Finance

This week, the Office of the Comptroller of the Currency (OCC) asked U.S. financial institutions (FIs) for their help in “improving the financial capability and financial health...

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Intuit Introduces Financial Literacy Courses and Tools for High Schools
Intuit Introduces Financial Literacy Courses and Tools for High Schools
April 02, 2024  |  Financial Inclusion

Intuit launched a financial literacy program that provides U.S. high school educators with resources to teach their students about personal and entrepreneurial finance. The new Intuit for...

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Goalsetter Raises $9.6 Million to Promote Financial Health
Goalsetter Raises $9.6 Million to Promote Financial Health
March 25, 2024  |  Personal Finance

Savings/financial education platform Goalsetter has raised $9.6 million in new funding. The company’s Series A extension round, announced Monday (March 25) was led by an affiliate of...

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Regions Bank Launches Programs to Promote Financial Literacy
Regions Bank Launches Programs to Promote Financial Literacy
March 25, 2024  |  Banking

Regions Bank is launching education programs to coincide with Financial Literacy Month in April. The effort, announced in a Monday (March 25) press release, will include online seminars,...

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M1 Finance FinRA Fine Highlights Regulators’ Move to Tighten Grip on ‘Finfluencers’
M1 Finance FinRA Fine Highlights Regulators’ Move to Tighten Grip on ‘Finfluencers’
March 19, 2024  |  Regulation

Social media platforms like TikTok have transformed into vital sources of financial information, particularly for millennials and Gen Zs, with nearly 80% of these demographics seeking advice...

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‘Finfluencers’ Come Under Fire Amid New Social Media Controversy
‘Finfluencers’ Come Under Fire Amid New Social Media Controversy
March 19, 2024  |  Personal Finance

Social media is very much under the microscope lately due to the controversy surrounding a potential TikTok ban and various cases regarding its regulation in front of the...

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Credit Unions and Schools Partner to Equip Digital Natives With Financial Management Skills
Credit Unions and Schools Partner to Equip Digital Natives With Financial Management Skills
February 05, 2024  |  Credit Unions

From buying groceries and getting a credit card to applying for a bank loan, making financial decisions is part and parcel of everyday life, making...

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CFPB: Student Banking Products Have Unusually High Fees
CFPB: Student Banking Products Have Unusually High Fees
December 19, 2023  |  CFPB

American college students’ first bank accounts might end up being their worst bank accounts. A recent report by the Consumer Financial Protection Bureau (CFPB) finds that many college-sponsored...

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