Hear the Primal Scream of Workers: ESG and HCM Aren’t Enough
It’s time for employers to make environmental, social, and governance (ESG) and human capital management (HCM) projects tangible to workers, and to use these programs to address the real human needs in their workforce.
Hardship funds look good on paper — but don’t build financial resilence
The last couple of years have been extraordinary for America’s workforce. The silver lining is businesses have become increasingly empathetic, and are putting the voluntary benefits and programs in place to really support employees both inside and outside the workplace.
Catalyzing Private Sector Action To Advance Global Financial Health in 2022
Financial Health Network, Office of the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development, and Mastercard Center for Inclusive Growth launch a new global study to catalyze private sector action to improve financial health.
U.S. consumers stand to save billions from banks’ overdraft reforms
In one of the first efforts to tally the impact of recent overdraft fee reforms, a new analysis finds that changes under way at just five banks could save consumers more than $2 billion annually.
Improving financial health for those who need it most
During the past decade, the stock market has rallied ever higher, breaking records and fattening the investment accounts of many Americans. But eye-popping annual returns don’t necessarily translate to financial stability.
Being Broke Is Expensive And 4 More Science-Backed Reasons Why It’s So Hard To Manage Money When You Don’t Have A Lot Of It
Have you ever been flat-out broke? Not the kind of quasi-broke when we have to let go of little luxuries like a Boxycharm subscription. We're talking the real deal kind of broke: When there's a negative balance in your bank account, overdraft fees are starting to stack up, and you're making trade-offs on which bill to pay and which ones to let go.
From Theory to Practice: 5 Tactics for Savings Engagement
Americans are facing inflation, ongoing pandemic-related disruptions, and limited government support. Here are five ways employers can help them save. Presented by: BlackRock's Emergency Savings Initiative
Financial Health Research: Expanding Our DEI Lens
As part of our DEI commitment, the Financial Health Network is updating our survey questions and analysis around ethnicity, gender, LGBTQIA+ status, and ability.
50% Of Taxpayers Worry Tax Refunds Will Be Smaller This Year
The 2022 tax filing season has begun, and a stretched-thin IRS has already warned Americans that they should be patient as it processes returns.
The future of fintech: Driving financial inclusivity
Living paycheck to paycheck is one of the biggest sources of economic stress for Americans today—and these anxieties weigh on mental and physical health too.
Regions Bank to Eliminate Overdraft Protection Transfer Fees
Regions Bank said Wednesday it will eliminate overdraft protection transfer fees by the end of the first quarter.
The Financial Health Network Announces Child Tax Credit Research
Challenges continue to impede the distribution of Child Tax Credit payments, especially for those who could benefit from them the most. The Financial Health Network will undertake research, supported by VISA, to determine how long CTC recipients might have waited to receive their payment, how much they might have spent in fees to access their payment, and how they ultimately used their payment.