Financial Wellness
Designed for banking and credit union leaders, this section delves into strategies for promoting financial wellness among customers and members. It offers insights into developing programs and tools that help clients manage budgets, savings, investments, and debts.
Bank Business News: Level Up Your Financial Fitness Why Banks Should Tap Into Gamification as a Deposit Strategy
As consumers increasingly seek out convenient ways to save money and achieve financial stability, the incorporation of gamification into mobile banking apps has emerged as a powerful tool.
Decoding Credit Scores with Financial Literacy and Wellness
Let’s imagine a future where credit scores are no longer a source of stress and anxiety, but a source of empowerment and opportunity. We’re here to demystify credit scores, to provide you with the knowledge and resources you need to take control of your financial future.
Empowering Financial Institutions: Addressing Social Media's Impact on Financial Well-being
When scrolling through social media is second nature, let's talk about how it's influencing our wallets. The curated portrayal of luxury and success can trigger impulsive spending, leading to financial strain. It's time for financial institutions to step up and empower users for a healthier financial future. Check out our insights on the digital age's financial challenges.
FinXTech: Growing Deposits Through Financial Coaching
Bankers are under tremendous pressure to find ways to attract and keep deposits on their balance sheet. One way for them to do so is by strengthening existing digital banking platforms to shift away from personal financial management tools, or PFMs, to personalized financial guidance, or PFG.
Finovate: Making Financial Literacy Fun: A Conversation with Finotta Founder and CEO Parker Graham
For many people, managing their finances and staying financially literate is not just a challenge – it feels harder than ever. Many consumers don’t know what steps to take to get ahead. And with traditional digital banking channels lacking that personalized experience, they aren’t getting the advice they need. Banks and credit unions must prioritize financial education for their customers because they can’t afford to be left behind.
Generational Financial Trauma: A Millennial Perspective
Explore the multi-faceted nature of generational financial trauma and the role financial institutions can play in fostering holistic healing. It's time to collaborate, advocate for systemic changes, and contribute to a more resilient and empowered community.
Overcoming a Free-Money Mindset With a Digital Financial Coach
This personal account of embracing change and prioritizing financial well-being reminds us of the importance of sound financial guidance and the impact it can have on your financial future. As we celebrate Financial Literacy Month, Frank's story serves as a reminder of the transformative power of personalized financial guidance and prudent money management.
Unlock Your Financial Potential: Embrace Gamification for Financial Wellness
As customers increasingly seek convenient ways to save money and achieve financial stability, gamification has become a powerful tool in mobile banking apps. Learn how your FI can unlock your financial potential by embracing gamification for financial wellness.
Why Mint.com's Closure Is a Golden Opportunity for Financial Institutions
With Intuit’s announcement that they are shutting down their PFM tool, Mint, to focus on Credit Karma, many users are left wondering where to go now. Discover the strategic moves in the world of personal finance and how Finotta becomes a key player in this transformative journey.