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How FICO and Operation HOPE are Taking Steps toward Financial Literacy for All

FICO

A core pillar of promoting and sustaining widespread access to credit is ensuring high levels of financial literacy. lags behind many other countries in financial literacy, meaning millions of Americans lack the resources they need to chart a healthier financial future. Financial Literacy for All.

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How Fintech Apps Are Improving Financial Literacy Among Young People

Fintech Review

In recent years, fintech apps have become pivotal in shaping financial literacy among Millennials and Gen Z. These innovative platforms, often mobile-first and user-friendly, simplify complex financial topics. Traditional methods of financial education often failed to engage younger audiences effectively.

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Gen Z and a Laissez-Faire Approach to Finance is a Misconception: Gen Z is Making Financial Plans

The Fintech Times

Consequently, some have turned to financial support means available to them as international law firm Charles Russell Speechlys reveals Gen Z’s finance and savings trends. Time for caution However, there was an almost equal amount of Gen Zers that said they would sparingly use financial support.

Finance 59
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Lune: Artificial Intelligence Key to Unlocking Financial Inclusion

The Fintech Times

Financial inclusion is a critical issue, but simply providing access to financial products isn’t enough. True inclusion requires financial literacy, empowering individuals to make informed decisions. per cent of US families netting between $35,000 to $49,999 annually.

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EarnUp Focuses on Financial Wellness and Support With AI Advisor Launch

The Fintech Times

a financial wellness fintech, has released its new AI Advisor to give customers around-the-clock help. From expert advice to its execution, AI Advisor provides firms with a new customer engagement tool, automating consumer financial wellness. AI Advisor provides users with hyper-personalised insights and guidance.

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Are Fintechs Exploiting the ‘For Good’ Mantra?

The Fintech Times

Measuring success Mary Beighton , director of people and culture at car finance company Zuto , explains firms need to carefully plan out their efforts to do good, to ensure they meet measurable goals and dont mislead customers. How can we ensure fintechs are as ethical and ‘good’ as they claim to be?

FinTech 64
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Why do Only 18% of UK Consumers Seek Advice as Their Financial Health Rapidly Deteriorates?

The Fintech Times

These findings are especially worrying alongside new research from Shepherds Friendly , which found that, while 87 per cent of Brits feel confident in their financial knowledge, just 49 per cent of people in the UK passed the financial literacy test.