Financial Literacy Meets Technology
In the age of technology, users are used to gaining assistance at the click of a button. Apps are ever-evolving and provide the ability to access information in an instant. Merging money management with technology, developers are building apps to provide financial assistance without the hassle of in-person meetings. Access to financial assistance is a major stumbling block for African Americans. With implicit biases in banking and barriers created by systemic racism and discrimination, the ability to receive financial assistance and opportunities dwindles for Black consumers. However, African
Black business leaders win big with explosive growth in SPACs
Jarvis Stewart admits he knew only a little about Special Purpose Acquisition Companies (SPACS). While SPACS have been the rage on Wall Street in recent years, Stewart’s exposure to the financial markets was gained mainly through his longtime friends, which include Christopher Williams, Chairman of Siebert Williams Shank & Co., one of America’s largest minority-owned investment banks and Daniel Black, Managing Partner, The Wicks Group, a New York-based private equity firm. So, when he received a call just a year ago from an old client, a Canadian CEO
Help your kids get financially fit in the new year
By Kavita Kamdar | Head, Chase First Banking, Atlanta Voice Multiple studies have shown that the earlier kids develop healthy money habits, the better our prospects of having strong financial health into adulthood. According to research, we start grasping money basics when we are 3. This gives us a great opportunity to introduce conversations about ways to save, think about spending, and the value of money early in our kids’ lives. It used to be that children learned about money when shopping out with parents, but as more transactions happen