Financial Literacy

PYMNTS Intelligence: How Credit Unions Are Ideally Poised to Help Distressed Consumers

PYMNTS Intelligence: How Credit Unions Are Ideally Poised to Help Distressed Consumers
PYMNTS Intelligence: How Credit Unions Are Ideally Poised to Help Distressed Consumers
December 23, 2022  |  Credit Unions

By all accounts, American consumers are feeling the economic strain. More than half of Americans earning less than $50,000 annually are now living paycheck to...

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Report: Just 4% of Americans Demonstrate Basic Financial Literacy
Report: Just 4% of Americans Demonstrate Basic Financial Literacy
November 20, 2022  |  Personal Finance

Already low, financial literacy in America is on the decline, with many people unable to understand concepts such as inflation or compound interest. That’s according...

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Item-Level Data Helps Gen Zs Build Financial Literacy While Saving Money
Item-Level Data Helps Gen Zs Build Financial Literacy While Saving Money
November 08, 2022  |  Consumer Finance

Inflation is at multi-decade highs, forcing us to scrutinize where every dollar is going and how to stretch those dollars as far as possible. In...

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PYMNTS Intelligence: How Credit Unions Can Meet Member Needs With Cryptocurrency Services
PYMNTS Intelligence: How Credit Unions Can Meet Member Needs With Cryptocurrency Services
August 19, 2022  |  Credit Unions

The pandemic forced financial institutions (FIs) of all kinds to undergo a digital transformation of their offerings. While most credit unions (CUs) are now meeting...

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UK’s 10% Inflation Rates Stretch Consumers’ Paychecks and Patience
UK’s 10% Inflation Rates Stretch Consumers’ Paychecks and Patience
August 18, 2022  |  Personal Finance

Amid soaring inflation and rising food and fuel prices, terms like financial literacy and spend management have emerged as some of the biggest buzzwords in...

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Visions Federal Credit Union on Building Crypto Literacy
Visions Federal Credit Union on Building Crypto Literacy
August 18, 2022  |  Credit Unions

With 23% of consumers holding crypto in 2022, CUs need to ensure that members understand these products. In the "Credit Union Tracker®," Visions Federal Credit...

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CUs’ Sitting on Valuable Crypto Asset — the Ability to Educate
CUs’ Sitting on Valuable Crypto Asset — the Ability to Educate
August 17, 2022  |  Credit Unions

Cryptocurrencies’ popularity has soared since their introduction in 2008, achieving record growth last year. PYMNTS’ research shows that the share of consumers who held crypto...

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NCR Says Financial Literacy Should Be Left to Community Banks and Credit Unions, Not TikTok
NCR Says Financial Literacy Should Be Left to Community Banks and Credit Unions, Not TikTok
July 27, 2022  |  Banking

Strong growth in digital banking during the pandemic didn’t come with seminars in financial literacy. It should have, as younger demographics are found to be...

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