Latest news with #financialeducation
Yahoo
11 hours ago
- Business
- Yahoo
ATFX Secures License from Cambodia's Securities and Exchange Regulator (SERC)
HONG KONG, June 2, 2025 /PRNewswire/ -- ATFX, a globally recognized broker, is thrilled to announce it has secured its license from the Securities and Exchange Regulator of Cambodia (SERC) under License Number 040 (date of issue: 18 March 2025), enabling the company to officially serve Cambodia's growing financial market. This milestone reflects ATFX's dedication to equipping local traders and fostering a vibrant and sustainable trading ecosystem in the region. With Cambodia establishing itself as an emerging financial hub, ATFX aims to play a pivotal role in supporting Cambodia's growth into a global financial hub by providing resources and expertise for local traders. Focusing on enhancing financial literacy, ATFX strives to foster a community of knowledgeable, confident, and self-reliant traders. By leveraging world-class tools, personalized mentorship, and expert support, the company seeks to provide the Cambodian market with resources to thrive in the global financial landscape. ATFX firmly believes that empowerment lies in education and remains dedicated to guiding traders in navigating the complexities of the financial markets. "Securing this license is a meaningful milestone for ATFX," said Joe Li, Chairman of ATFX. "It reflects our long-term commitment to the Cambodian market and our belief in the power of financial education. We look forward to supporting local traders with the tools, insights, and mentorship they need to succeed globally." Guiding Traders Toward Smarter Investments Through its one-on-one mentorship programs, ATFX pairs aspiring traders with experienced professionals. These tailored programs help traders accelerate their learning curve, master market strategies, and gain insights into trading trends. By connecting novices with industry experts, ATFX is creating opportunities for personal growth and success in the trading world by making smarter investment decisions. Empowering Traders Through Education ATFX recognizes that knowledge is the cornerstone of trading success. To broaden financial literacy in Cambodia, ATFX organizes informative investment seminars covering a wide range of topics and investment opportunities, including forex and CFDs. These seminars are designed to empower participants with the knowledge and confidence to explore new opportunities and make informed financial decisions. By fostering a culture of learning, ATFX ensures that traders have the tools and resources needed to navigate the financial markets effectively. Equipping Traders with Expert Market Insights Cambodia traders will benefit from ATFX's regular market analysis reports, which provide timely updates and in-depth insights into market trends. With this information, traders will be equipped to make informed and confident financial decisions, leveraging the latest market opportunities to ensure traders can stay ahead in the dynamic financial markets. Dedicated Support and Customer Care At ATFX, exceptional customer service is a top priority. A dedicated support team is always on hand to address trading inquiries, provide personalized consultations, and assist clients in refining their strategies to achieve their financial goals. ATFX's commitment to timely and effective assistance assures an enhanced trading experience for every trader. ATFX commitment to Cambodia The launch of ATFX's operations in Cambodia marks more than just a milestone, it signals the beginning of a transformative journey for local traders. ATFX isn't simply bringing global expertise to Cambodian shores; it's opening the door to a world of opportunity by making trading more accessible, affordable, and educational than ever before. With cutting-edge platforms, multilingual support, and a mission rooted in empowerment, ATFX is poised to fuel Cambodia's rise as a serious contender in the global financial arena. This isn't just the next chapter for ATFX, it's the dawn of a smarter, more inclusive trading era for Cambodia. With this new milestone, ATFX strengthens its global presence, holding licenses from market leading authorities including in the UK (FCA), Cyprus (CySEC), Australia (ASIC), South Africa (FSCA), the UAE (SCA), Mauritius (FSC), Seychelles (FSA), Hong Kong (SFC), and now Cambodia's Securities and Exchange Regulator (SERC). This regulatory foundation reflects ATFX's commitment to transparency, investor protection, and trusted financial services worldwide. About ATFX ATFX is a leading global fintech broker with a local presence in 24 locations and holds 9 licenses from regulatory authorities, including the UK's FCA, Australia's ASIC, Cyprus' CySEC, the UAE's SCA, Hong Kong's SFC, South Africa's FSCA, Mauritius' FSC, Seychelles' FSA, and Cambodia's SERC. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX delivers exceptional trading experiences to clients worldwide. For further information on ATFX, please visit ATFX website View original content: SOURCE ATFX Sign in to access your portfolio
Daily Mail
15 hours ago
- Business
- Daily Mail
Gen Z say they're 'judged' over how they spend their money - and family are the harshest critics
Almost two thirds of Generation Z said they feel they are judged over how they manage their money, new data shows. Some 63 per cent of 18 to 28 year olds felt the way they spent money was viewed critically, with the majority (39 per cent) of those saying this came from their family members. Another 31 per cent felt judged by their friends, and 17 per cent by people on social media, according to data from Young Enterprise and HSBC. In comparison, just 33 per cent of the overall population said they felt judged over how they spent their money. It is often touted that younger generations splurge their money on avocado toast, flat whites and music festivals. Some do, of course, but many others are doing their best to build their savings and achieve financial security. While just over 40 per cent of Gen Z are actively saving money, only 42 per cent said they feel financially secure, compared with 54 per cent of the general population. As many as a quarter, 25 per cent, of the generation don't think their income is sufficient to meet their daily living expenses, notably higher than 17 per cent for the population as a whole. According to HSBC's data, this comes down to an absence of financial education. Around half of the overall population think a lack of financial education in schools is the reason so many struggle to build positive financial habits. Sarah Porretta, chief executive of Young Enterprise, said: 'The myth that young people are careless with money just doesn't hold up. Gen Z want to be financially capable, but they don't feel supported. 'From chats at the dinner table to scrolling on social media, we need to give young people better tools, better guidance, and a better emotional foundation for managing money.' Just 13 per cent of young people would turn to their school or college to learn how to manage their money, with even social media influencers a more obvious port of call for 22 per cent of the generation. In fact, a fifth said they weren't taught how to manage their money at school, with almost two thirds using their family as their main source of financial advice instead. Natalie Gregoire-Skeete, head of societal purpose and sustainability at HSBC UK, said: 'This research highlights just how important it is that we work together as a society – across public and private sectors and with charities, educators, young people and their parents – to break down the stigma around money and ensure every young person has access to clear, relatable, and judgement-free financial education.' Gregoire-Skeete added: 'Financial habits are formed at an early age, so to be truly effective, financial education needs to start in primary school, and continue on through the various stages of life. 'You are never too young – or too old – to learn new skills and make the most of your money now and in the future.'
Associated Press
5 days ago
- Business
- Associated Press
PNC Volunteers Bring Basic Financial Knowledge to New Volunteer Opportunity
PNC | Insights For about two years now, the PNC Center for Financial Education (CFE), an effort led by Community Development Banking, has been collaborating with community-based nonprofits to offer financial education to individuals, first-time homebuyers and small businesses. Now, in a new collaboration with PNC Grow Up Great, the CFE is teaming up with PNC Grow Up Great partner early education centers to deliver financial education to families of pre-K children. 'You can make it' Fred Landis of Organizational Financial Wellness and Gus Torres of Corporate & Institutional Banking, both relationship managers in Central Pennsylvania, have volunteered their time to facilitate financial education seminars for the past year. They present the CFE 'banking basics' curriculum to individuals who sign up through Community Progress Council, a York County nonprofit focused on helping people move toward economic self-sufficiency. The nonprofit is a Head Start provider and PNC Grow Up Great partner; Ellen Kyzer, PNC client and community relations director for the Central PA market, also serves as board chair. The seminar explains how to create a spending plan, build a savings account and more to participants, most of whom are working toward becoming first-time homebuyers. 'You think you're delivering content they already know, but they'll come up and say, 'Thank you so much, this is a huge help,'' Landis said. 'For me, what I take away is the tremendous amount of gratitude they have.' 'The best thing they say is that they realize they can change their situation,' Torres said. 'They may be renting right now, but that doesn't define whether they can buy a house in 6-8 months. We bring a level of seriousness and hold ourselves accountable. It just takes one person to believe in you and say, 'You can make it.'' The organization says its partnership with PNC has been an asset. 'Learning how to create a spending plan, building a savings account and manage existing resources are all stepping stones to economic mobility,' said Ruth Robbins, Community Progress Council chief program officer. 'With a strong foundation, York County families can better weather any unexpected challenges as they work with us toward their goals in education, employment and income.' Small effort, big impact If someone gets involved in this volunteer opportunity, Landis and Torres say they'll likely take away as much as they give. 'It's the right thing to do; a good thing to do,' Landis said. 'For me, the Community Progress Council carries special significance because I grew up in York City three blocks away. This is something I can do to help the very community I came from.' For Torres, an Argentinian native who sometimes helps Hispanic participants with translation, it's also about paying it forward. 'It might only be an hour of your day, but it can have a huge impact,' he said. 'Think of a time somebody gave an hour of their day to help you and have that same mentality when you're trying to help others. You'll find something that will connect you to that community and those people.' A PNC volunteer might have more to offer than they think, simply on the basis of the knowledge they've gained as a PNC employee and a willingness to help. 'Gus and Fred are knowledgeable and personable, taking a potentially dry or overwhelming series of topics and breaking down information in our workshops in a way that's approachable for all levels,' Robbins said. 'Their commitment to building trust in the classroom makes it easier for participants to take the next steps in their journey to self-sufficiency, knowing there are friendly faces in the community ready to support them.' The PNC Grow Up Great and CFE collaboration is being offered in a number of PNC markets beginning in April and continuing throughout the year. Volunteers can help teach a financial education workshop to families of pre-K children enrolled at PNC early education partner centers in their market, either in-person or virtually, following a CFE Facilitator Guide. For more information on PNC Grow Up Great, visit Important Legal Disclosures and InformationThese articles are for general information purposes only and are not intended to provide legal, tax, accounting or financial advice. PNC urges its customers to do independent research and to consult with financial and legal professionals before making any financial decisions. This site may provide reference to Internet sites as a convenience to our readers. While PNC endeavors to provide resources that are reputable and safe, we cannot be held responsible for the information, products or services obtained on such sites and will not be liable for any damages arising from your access to such sites. The content, accuracy, opinions expressed and links provided by these resources are not investigated, verified, monitored or endorsed by PNC. Visit 3BL Media to see more multimedia and stories from PNC Financial Services Group
Finextra
6 days ago
- Business
- Finextra
River Valley Credit Union chooses InvestiFi for investing in cryptocurrency and securities
InvestiFi, the only InvestTech platform bringing investing inside, enabling members to invest from their checking account with their trusted financial institution, has announced its partnership with River Valley Credit Union (RVCU). 0 This new partnership with RVCU will allow its members to invest in cryptocurrencies, and securities, and have access to a guided investing tool. With the increasing demand for digital investing tools that are easy to access and understand, RVCU is taking a major step forward to meet its members where they are online or on the go and ready to take control of their financial futures. By integrating with InvestiFi's solution, RVCU aims to eliminate the friction that many members face when using third-party investing apps that often lack personalized support, trusted brand association, or integrated financial education. 'We're excited to partner with River Valley Credit Union and bring seamless investing capabilities to its members,' said Kian Sarreshteh, CEO of InvestiFi. 'Most community financial institution members don't have the capital or access needed to work with a traditional financial advisor and are often pushed toward fragmented, third-party solutions. Our goal is to change that by giving credit unions the tools to offer investing right inside their digital banking experience—with built-in education, choice, and simplicity.' Through the partnership, RVCU will roll out InvestiFi's full suite of investment solutions: • Guided investing, which offers members professionally managed portfolios aligned with their personal risk tolerance and financial goals; • Self-directed investing, giving members the ability to buy and sell over 8,600 individual stocks and ETFs directly from their checking accounts; • Cryptocurrency investing, with access to 25+ digital assets and the flexibility for RVCU to tailor its coin offerings to align with member preferences and institutional risk tolerance. This embedded investing experience will be fully integrated into RVCU's existing digital banking platform, ensuring a seamless and secure user experience. In addition, InvestiFi's suite of financial education tools will help RVCU members better understand the investing process, the risks involved, and how to make informed financial decisions. 'Our members are our top priority, and we're always looking for innovative ways to serve them better,' said Lee Spivey, President and CEO of River Valley Credit Union. 'This partnership with InvestiFi allows us to bring digital investing directly to our members, without the need to send them to unfamiliar or unsupported platforms. We're excited to provide them with tools to grow their wealth in a way that aligns with our values of transparency, trust, and financial empowerment.' Spivey added, 'At RVCU, we believe that the opportunity to invest should be available to everyone, regardless of their starting point. By offering simplified investing within our digital banking experience, we're continuing our legacy of supporting members through every stage of their financial journey.' Founded to provide fair and accessible financial services to working-class communities underserved by traditional banks, River Valley Credit Union has grown into a trusted financial partner for thousands of individuals and families across generations. This new partnership with InvestiFi marks another chapter in that commitment—making digital investing inclusive, secure, and available to all. The InvestiFi platform will be available to RVCU members later this year.
Finextra
6 days ago
- Business
- Finextra
Zopa and ClearScore-led coalition complete cost of living mission goals
The 2025 Fintech Pledge ( has completed its campaign goal of driving 25 million actions that help UK consumers improve their financial resilience. 0 The achievement is more than double the campaign's original goal of 10 million actions and is equivalent to 50% of the UK adult population taking one action to strengthen their ability to withstand an economic shock. Through unprecedented cross-industry collaboration, the Pledge achieved this by connecting consumers to financial technology platforms that a) make SAVINGS work harder, b) improve CREDIT scores, c) manage and consolidate DEBT, d) lower BILLS and household outgoing costs, and e) unlock BENEFITS and financial aid. The campaign also launched Master My Money, a financial education platform that garnered over 6 million views on TikTok and drove 40,000 clicks to in-depth educational blog content. Supporting the campaign, The Money Charity delivered dozens of Pledge-funded workshops across the UK, helping frontline consumers double (2x) their confidence and skills in managing their finances. The campaign has also driven progress across several key areas of personal finance, including: 700,000+ high-yield savings accounts created (Savings pillar) £20 billion deposited in said accounts (Savings pillar) 53% of users improved their credit score (Credit pillar) 6 million consumers engaging in the Debt Awareness Week (Debt pillar) ~1 million consumers have been offered cheaper utility deals from alternative suppliers (Bills pillar) ~£1 billion in extra government support into people's pockets per year (Benefits pillar Jaidev Janardana, CEO of Zopa Bank, said: 'In less than three years, the Pledge has improved consumers' understanding of complex financial topics and enabled them to take simple actions to improve their financial situation. The pledge speaks to the core of Zopa's purpose - providing effortless and valuable products to UK customers. I am proud that so many organisations across the industry and beyond have shared in this journey - this is a milestone to celebrate.' Justin Basini, CEO and Co-founder of The ClearScore Group, said: 'We convened the Pledge to help boost the financial resilience of everyday people, and we have successfully done that. However, while we are proud to have hit the extended target of 25 million consumer actions, the work to help people manage their creditworthiness and financial stability never stops at ClearScore. We will continue fighting for the best insights, products and outcomes for our users and the financial services partners we work with. Michelle Highman, CEO of The Money Charity, said: 'We have been proud to be the Pledge's charity partner and to play our part in delivering our Money Workshops in communities across the country. We are grateful for the support we have received from various Pledge members, including Zopa and ClearScore. Our much-needed work also continues, and we hope to reach more people than ever before in 2025.' Zopa Bank and ClearScore launched the 2025 Fintech Pledge in 2022, quickly mobilising a cross-industry coalition of 57 fintechs. It is now run by six organisations: Zopa Bank leads savings, ClearScore leads credit, the Money and Pensions Service leads bills, Policy in Practice leads benefits, StepChange leads debt, and The Money Charity is the scheme's lead charity partner. Other partners include Google Cloud, Salesforce, and Hargreaves Lansdown. In 2025, the Pledge will continue to fund The Money Charity and encourage further industry collaboration linked to HM Treasury's development of a Financial Inclusion Strategy. In the autumn, the Pledge will publish its final Impact Report that will capture the coalition's successes to date and present its priorities for the future.
