Financial Literacy

Monzo Debuts Digital Bank Accounts for Kids Under 16
Monzo Debuts Digital Bank Accounts for Kids Under 16
July 17, 2024  |  Digital-First Banking

 British digital bank Monzo is launching a free account for children under 16. The bank on Wednesday announced the waitlist for Monzo for Under 16s,...

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Report: Teenagers in Wealthy Nations Lag in Financial Literacy
Report: Teenagers in Wealthy Nations Lag in Financial Literacy
June 27, 2024  |  Consumer Insights

A new report says teens in more prosperous countries are lacking in financial literacy. While more than two-thirds of students routinely use financial products and...

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Synchrony GM Explores Synergy Between Consumers’ Financial and Physical Wellness
Synchrony GM Explores Synergy Between Consumers’ Financial and Physical Wellness
June 18, 2024  |  Healthcare Financing

Health is wealth — but all too often, wealth can have an outsize impact on health. Financial stability directly influences an individual’s ability to access...

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US Bank Teams With Greenlight on Teen Bank Accounts
US Bank Teams With Greenlight on Teen Bank Accounts
June 06, 2024  |  Banking

U.S. Bank has launched a partnership with Greenlight aimed at increasing financial education. The collaboration will give eligible U.S. bank customers complimentary access to Greenlight’s debit card and...

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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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