OCC Calls for Improved Financial Literacy Initiatives to Benefit Consumers

Thursday, 4 April 2024, 08:03

In response to consumer demand, the OCC has emphasized the necessity for financial institutions to enhance the quality of financial education provided. PYMNTS Intelligence data reveals that a majority of consumers are looking towards FIs to boost their financial well-being. With this push for improved financial literacy initiatives, FIs can work towards better serving their clients and fostering a more financially educated society.

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OCC Asks FIs to Offer 'High-Quality Financial Literacy Education'

According to PYMNTS Intelligence data, nearly 6 in 10 consumers expect their financial institutions to improve their financial health.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

OCC Asks FIs to Offer 'High-Quality Financial Literacy Education'

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