Financial Education news and trends

Fifth Third Expands Financial Education Programs to Include Junior High
financial apps // September 16, 2024

Fifth Third now offers free digital financial education programs for students from elementary school through high school. The bank has expanded access to its Fifth Third Bank Finance Academy to junior high students, adding them to the high school students for whom the program was...

Google Wallet and Acorns Launch Payment Solution Designed for Kids
Wearables // August 09, 2024

Parents can now provide their 7- to 12-year-old kids with a wearable payment device powered by Google Wallet and GoHenry by Acorns. The two organizations have partnered to provide this tool to help parents teach their kids how to manage money and spend it safely and responsibly,...

Greenlight and Google Team on Fitbit-Focused Financial Education
Wearables // August 07, 2024

Financial education-focused FinTech Greenlight has launched a collaboration with Google. The partnership, announced Wednesday (Aug. 7), connects Greenlight’s debit card to Google’s Fitbit Ace LTE, a smartwatch designed for kids, letting them learn to “spend wisely” and tap to pay with their watches. “At Greenlight,...

Cardinal Credit Union’s Digital Leap: Financial Education Meets Modern Banking
Credit Unions // August 06, 2024

Cardinal Credit Union, a 71-year-old CU based in Ohio, is rooted in bringing financial education to the community and in educating younger generations. But the key to its future success lies in a continuum of digital and a brick-and-mortar, in-branch experience. Christine Blake, CEO of...

Interviews & Exclusives
Cardinal Credit Union’s Digital Leap: Financial Education Meets Modern Banking

August 06, 2024
Cardinal Credit Union, a 71-year-old CU based in Ohio, is rooted in bringing financial education to the community and in educating younger generations. But the key to its future success lies in a continuum of digital and a brick-and-mortar, in-branch experience. Christine Blake, CEO of Cardinal Credit Union, told PYMNTS that the firm’s recent debut […]

Financial Education Can Help Subprime Consumers Triple Borrowing Capacity

August 31, 2023
In a credit-based economy like the United States, credit scores have a big impact on consumers’ ability to access loans and afford everyday essentials. But as noted in the report...

Bank Financial Advice Could Win Gen Z, Millennial Loyalty

April 18, 2023
Young consumers’ financial avoidance may represent a loyalty opportunity for banks to create novel account analytics. A Wall Street Journal article earlier this week (April 17) said the youngest generation of adult...

Consumer Education Reaps Loyalty Benefits for Financial Institutions

January 09, 2023
Financial institutions have an opportunity to provide customers with the financial literacy tools they want. January is Financial Wellness Month, and as inflation continues to stretch most household budgets, consumers...

Quick Reads
JPMorgan Opening Dozens of Branches in Low-Income Communities

October 02, 2024
J.P. Morgan Chase reportedly wants to open almost 100 branches in low-income communities. As the Wall Street Journal (WSJ) reported Tuesday (Oct. 2), this effort will include inner cities and rural towns where banks have for years been shuttering brick-and-mortar locations. The new branches will feature the basics of banking — tellers, ATMs, etc. — […]

Fifth Third Expands Financial Education Programs to Include Junior High

September 16, 2024
Fifth Third now offers free digital financial education programs for students from elementary school through high school. The bank has expanded access to its Fifth Third Bank Finance Academy to...

Google Wallet and Acorns Launch Payment Solution Designed for Kids

August 09, 2024
Parents can now provide their 7- to 12-year-old kids with a wearable payment device powered by Google Wallet and GoHenry by Acorns. The two organizations have partnered to provide this tool to...

Greenlight and Google Team on Fitbit-Focused Financial Education

August 07, 2024
Financial education-focused FinTech Greenlight has launched a collaboration with Google. The partnership, announced Wednesday (Aug. 7), connects Greenlight’s debit card to Google’s Fitbit Ace LTE, a smartwatch designed for kids,...