Financial exploitation is a fast-growing form of abuse of seniors and adults with disabilities. Recent research shows that one in nine seniors have reported being abused, neglected or exploited in the past twelve months. Scams have grown increasingly more deceptive with the expansion of the internet – 156 million phishing emails are sent every day – and unfortunately seniors are most vulnerable to online attacks because their generation has received the least internet training. Continue reading “Combating Financial Exploitation With EverSafe”
In the United States, approximately $400 billion was donated to charity last year. Over $1.2 trillion was mobilized around the globe by charitable funders and impact investors. But where does this money go? How is it being used? MARK Labs aims to answer these questions and more by capturing, analyzing, and communicating social impact data in real time. Continue reading “Adding Transparency To Charity At MARK Labs”
Over 3 million students on US college campuses struggle financially to get into or through college. Up to 15% of students drop out because of financials, while others downgrade their education to find a more affordable option. Continue reading “MPOWERing Students To Achieve More”
Student loan debt is rapidly on the rise. The average college student of the Class of 2016 owed $37,172 upon graduation. Today, over 44 million American borrowers owe $1.3 trillion in student loan debt. Continue reading “Crowdsource Your College Tuition With PYT”
The average payday loan user made less than $25,000 last year, but spent over $500 in fees in that same timespan. With APR rates exceeding 40%, payday loans have been know to cripple families in under-resourced communities. For individuals in desperate need of a short term cash advance, there are few options in today’s marketplace.
FS Card Inc is on a mission to deliver honest mainstream financial products to underserved consumers. Continue reading “This Company Is Delivering Honest Financial Products To Underserved Customers”
Today’s employees are struggling to reach financial wellness. 60% of Americans spend more than they earn each month. Flat wages and consumerized benefits in a spend economy create enormous financial stress.
HelloWallet is here to repair the Financial Wellness Ladder. Continue reading “Spend Less… Save More… HelloWallet”
Although the summer is just starting to heat up, a number of DC FinTech startups and private equity firms have already secured funds to propel their businesses into the second half of 2017. Continue reading “Who’s Getting Funded in DC?”