News

Global FinLit

Global Financial Literacy Study: Two-Thirds of Adults Worldwide Are Not Financially Literate


The global financial education community is buzzing over the findings from a recent worldwide Standard & Poor’s survey conducted by Gallup, the World Bank and GFLEC. In one of the most comprehensive measurements of global financial capability to date, the Global Financial Literacy Survey found that two-thirds of adults are not financially literate, while there […]

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NBCUniversal Telemundo Launches Financial Literacy Campaign Targeting Millions of Hispanics in America


NBCUniversal Telemundo Enterprises took the spotlight in announcing the launch of “Tu Dinero es Tu Futuro” (Your Money is Your Future), a financial education initiative created to enhance financial literacy among Spanish-language viewers. The campaign will focus its promotions on the 54 million Hispanics in America in an effort to help them obtain long-term financial […]

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Coca-Cola Funds $1 Million to Support Financial Education For Women and Girls


Infusing significant energy and enthusiasm into the global financial literacy community, Coca-Cola announced a major $1 million commitment that will provide financial education, career training and entrepreneurship programs to women and girls. The funding will come from a range of the company’s entities, including the Coca-Cola Foundation, Coca-Cola Bottling Company United, Inc. and Coca-Cola Beverages […]

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NBA and MassMutual Teach Financial Literacy in National Campaign


Professional athletes have sparked interest in financial literacy for school-aged children for many years, and NBA stars are showing how that excitement is continuing through the nationwide FutureSmart program administered through a partnership between MassMutual and the National Basketball Association (NBA). In one of the latest examples of FutureSmart’s success, over 2,000 middle school students […]

Commentary

Massachusetts Financial Literacy Task Force Issues Key Report

By FinancialCorps on January 2, 2016

All eyes were on the state of Massachusetts when State Treasurer Deb Goldberg and her Financial Literacy Task Force recently released their statewide report on the status of financial education in Massachusetts. Following the launch last year of a comprehensive research effort by the Treasurer’s Office of Economic Empowerment, and a half-year of analysis and […]


NFCC Receives $4 Million from Synchrony Financial to Support Enhanced Financial Literacy

By FinancialCorps on December 22, 2015

Heightened levels of financial literacy funding continue to be evident on a broad scale. In one of the latest announcements of significant financial support for financial education programming, Synchrony Financial has committed a $4 million grant to the National Foundation for Credit Counseling (NFCC) in support of the next phase of the “Sharpen Your Financial […]


Insight

Rise in Small Business Loans Shine Spotlight on Need for Financial Education

By FinancialCorps on January 2, 2016

With an uptick in entrepreneurism and healthy activity at local banks and credit unions for small business loans, a resurgence of lending to this segment is bringing back memories of the great problems caused by robust lending to financially illiterate corporate and individual borrowers. With banks and credit unions working with the U.S. Small Business […]


First Republic Bank and EverFi Launch Innovative Financial Literacy Program for Kids

By FinancialCorps on December 3, 2015

First Republic Bank and education technology firm Everfi announced plans to launch an innovative program designed to improve financial literacy among elementary school students. The program will be rolled out in nearly sixty inner city elementary schools in California, Oregon, New York, Massachusetts and Florida. The initiative will be powered by EverFi’s Internet-based program, Vault-Understanding […]