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07.04.2023 14:02:00
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This Week in Finance News: 13 Stories You Need to See
A roundup of the week's most newsworthy financial industry press releases from PR Newswire, including Financial Literacy Month celebrations and rising home prices.
NEW YORK, April 7, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the finance industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
"In many areas of the country, that dynamic – low inventory and a modest rise in demand – led to an uptick in home prices. All in, 39 of the 50 largest U.S. markets saw prices increase in February – in sharp contrast to just three months earlier, when 48 of those 50 were experiencing price declines," said Black Knight Vice President of Enterprise Research Andy Walden.
With these additions, FinFit's SaaS-based platform will be the most comprehensive workplace financial wellness platform in the U.S., including a personalized financial assessment, coaching and dashboard, budgeting, spending and savings accounts, and payroll-deducted earned wage access, advances, and loans.
The Centsables is built around six animated superheroes who save fellow citizens from money-mad villains, while modeling prosocial behaviors. Every component is designed to entertain as it educates.
"Though the education landscape is always evolving, the recent introduction of AI through tools such as ChatGPT and the collapse of Silicon Valley Bank and others are particularly noteworthy events that deeply impact the accounting and finance professions," said Liz Kolar, Surgent's executive vice president.
The Unbiased 2023 Financial Confidence Survey revealed that only 33% of adults in the U.S. consider themselves confident in their financial knowledge, with an additional 17% stating that they do not feel financially confident at all.
"Financial literacy is a crucial part of being successful with your money," said Molly Sullivan, lead editor at GOBankingRates.com. "By breaking our financial literacy guide down by generation and stages of life, we hope to help readers through their money journey every step of the way, so that they can make the most of what they have."
"In today's competitive market, first-time homebuyers face many obstacles including trying to save for a down payment," said Jenn Stracensky, CCM Chief Operating Officer.
Realtor.com® also found that LGBTQ+ and BIPOC buyers face challenges during the mortgage process, and are 1.7 times more likely to have been denied mortgages two or more times.
"We immediately recognized a natural alignment with Rock The Street, Wall Street which is helping to bring both gender and racial equity to the financial markets," commented Gerald Walker, CEO, ING Americas.
Higlobe's new payment card is a reloadable Visa card issued by Dash Solutions that allows users to load funds directly from their Higlobe account onto their own unique card and to make purchases in the United States.
Yida Gao has a long history of success in crypto finance, most recently with regards to running his $200 million web3 venture capital fund. In addition to his students at MIT, Yida imparts similar wisdom daily amongst Shima's portfolio companies.
"Personal finance issues impact our decision making throughout every stage of our lives," said KC Sullivan, CNBC President. "Through this initiative, CNBC has the opportunity to help people navigate the financial landscape and provide trusted educational content."
ID.me's Wallet enables users to more easily log in and prove their identity across a large and growing network of public, healthcare, financial services, retail, and travel sector platforms.
Read more of the latest finance-related releases from PR Newswire and stay caught up on the top press releases by following @PRNfinance on Twitter.
Helping Journalists Stay Up to Date on Industry News
These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.
Once they're signed up, reporters, bloggers and freelancers have access to the following free features:
- Customization: Create a customized newsfeed that will deliver relevant news right to your inbox. Customize the newsfeed by keywords, industry, subject, geography, and more.
- Photos and Videos: Thousands of multimedia assets are available to download and include with your next story.
- Subject Matter Experts: Access ProfNet, a database of industry experts to connect with as sources or for quotes in your articles.
- Related Resources: Read and subscribe to our journalist- and blogger-focused blog, Beyond Bylines, for media news roundups, writing tips, upcoming events, and more.
About PR Newswire and PR Newswire for Journalists
For more than 65 years, PR Newswire has been the industry leader with the largest, most comprehensive distribution network of print, radio, magazine, television stations, financial portals and trade publications. PR Newswire has an unparalleled global reach of more than 200,000 publications and 10,000 websites and is available in more than 170 countries and 40 languages.
PR Newswire for Journalists (PRNJ) is an exclusive community that includes over 20,000 journalists, bloggers and influencers who are logging into their PRNJ accounts specifically looking for story ideas. PR Newswire thoroughly researches and vets this community to verify their identity as a member of the press, blogger or influencer. PRNJ users cover more than 200 beats and verticals.
For questions, contact the team at media.relations@cision.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/this-week-in-finance-news-13-stories-you-need-to-see-301792157.html
SOURCE PR Newswire
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