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01/13/2012 Visa Inc.

Visa Inc. 

 

 

Visa Inc.

 

WHAT WE DO: 

Visa is a global payments technology company that connects consumers, businesses, banks, and government in more than 170 countries, enabling them to use digital currency instead of cash and checks. Visa believes the most important financial tool is not a product – it is knowledge. That is why for over a decade Visa has been developing financial literacy programs that teach individuals how to spend, save and budget responsibly.

WHAT’S NEW:

On April 23rd in Chicago, Visa Inc. will co-host the sixth annual Financial Literacy and Education Summit with the Federal Reserve Bank of Chicago. This year’s topic is International Solutions to Improving Financial Literacy.

The program will feature international financial literacy experts who will address potential solutions to improving financial literacy for people of all ages. The Summit will focus on how global government and financial education leaders, in collaboration with providers, can develop these solutions to positively impact global financial literacy efforts.

At past Summits, presentations have been made by Federal Reserve Board Chairman Ben Bernanke, United States Senator Daniel Akaka, United States Treasurer Rosie Rios, United States Secretary of Education Richard Riley, Canadian Minister of Finance James Flaherty, several members of President Obama’s Advisory Council on Financial Capability, NYSE Euronext Chief Executive Officer and Director Duncan Niederauer, Ian Solomon of The World Bank, and Federal Deposit Insurance Corporation Chairman William Seidman. Last year’s Summit, moderated by CNBC’s Maria Bartiromo can be seen online at: http://www.practicalmoneyskills.com/summit2011/.

WHAT WE NEED:

Visa would like to encourage your involvement in this year’s Financial Literacy and Education Summit that will take place in Chicago on Monday, April 23rd. For more information and to register, click here.

Additionally, the Federal Reserve Bank of Chicago and Visa Inc. are inviting academics to submit a proposal to present original research on financial literacy and behavioral economics during one of the break-out sessions at the Summit. Travel and participation will be compensated. Eligible parties can apply here. Proposals must be received by February 10, 2012.

WHAT WE OFFER:

  • To help students - from preschoolers and elementary school students, to teens and college students - learn the essentials of personal finance, Visa created Practical Money Skills for Life, an educator-developed and educator-approved program that reaches millions of students. At www.practicalmoneyskills.com, educators, parents and students can access free educational resources including:
    • Useful personal finance information on a variety of topics
    • Lesson plans and games
    • Calculators
    • Research
    • Monthly e-newsletter with over 70,000 subscribers
    • Materials in over 10 different languages 
  • As part of the Practical Money Skills for Life program, Visa created a sports-themed video game to get young people engaged and excited about their financial futures. NFL Financial Football (www.practicalmoneyskills.com/football) has been reinvented and includes lessons taught through Practical Money Skills for Life. To date, Visa has reached agreements with 34 states to distribute NFL Financial Football to every middle and high school in those states. Visa has also teamed up with the NFL and NFL PLAYERS to promote financial literacy in high schools nationwide by bringing NFL players into the classroom to play NFL Financial Football with students. 
  • Building on the success of NFL Financial Football, Financial Soccer (www.financialsoccer.com) harnesses the popularity of the world’s most popular sport with a fast-paced, FIFA World Cup-themed, educational, computer-based video game. Financial Soccer has been rolled out in over 30 countries and is a multi-lingual game that entertains while it teaches the fundamentals of finance. 
  • Visa also runs What’s My Score, a leading higher education consumer awareness program. Available for free at www.whatsmyscore.org, What’s My Score guides college students and young adults through the ABC’s of credit scores, from factors that can lower a score to ways on improving it, at no charge.

CONTACT INFORMATION:

More information on Visa’s financial education programs is available at www.practicalmoneyskills.com. A special web page has been set up for partners to easily utilize and integrate Visa’s content into their own activities at: www.practicalmoneyskills.com/orders. For general information on Visa Inc., visit www.visa.com.  

Jason Alderman
Senior Director of Global Financial Education
Visa Inc.
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