The holidays are a stressful time of the year for many peoples. Factors such as financial pressure and spending can cause stress and anxiety. Gifts, traveling, food, decorations, and more are significant reasons why the financial strain is becoming more common. On average, Americans are expected to spend $998 in 2020 during the holiday season […]
How Financial Institutions Can Help Customers with Financial Stress Gain a Peace of Mind
The Coronavirus pandemic has created financial stress for many this year, where Americans faced financial difficulties. These difficulties were especially problematic for millennials coming from unemployment. Millennials have fewer savings than other groups, such as baby boomers, and were concerned about ongoing debt and financial obligations. Financial institutions can help these individuals relieve stress, according […]
Q3 2020 PRODUCT RELEASE NOTES
What’s New in Q3 – 2020 FFG has been hard at work the past few months deploying a host of new features to help make our solutions more flexible, scalable and impactful for our clients. We’re excited to share with you a list of highlights showcasing our most recent updates and improvements. Read on to learn […]
4 Trends to Watch in 2021 for the Financial Services Industry
During 2020, most financial institutions were forced to make a massive digital shift to better supply their customers due to the Coronavirus. Customers were no longer able to bank in person or handle their financial situations in person. As 2021 is quickly approaching, digital is the theme for this upcoming year. The digital experience will […]
Joe Saari Speaks About Financial Fitness for the Credit Unions Executive Society
On Wednesday, December 2, 2020, Joe Saari, founder and chairman of the Financial Fitness Group, was invited on behalf of CUNA Mutual Group to speak on a webinar for the Credit Unions Executive Society. Joe spoke on the growing relevancy of financial fitness for credit unions. In the webinar, Joe shares helpful information informing webinar […]
Insights on Big Data in 2020 for the Financial Services Industry
“Big Data” collects and analyzes large and complex sets of data. According to IBM, in 2015, 90% of data has been created in the last two years. The financial services industry utilizes the most data in the global economy. This data comes from banks entering large amounts of consumer data daily, including general transactions, ATM transactions, and more. […]
Holiday Spending During the Coronavirus
The holiday season is right around the corner. Spending during this time of year is something to prepare for and to have a budgeting plan in place. But this budget may look slightly different this year. With Coronavirus cases peaking, various industries may be thriving in their sales growth over the past few months, or […]
CARES Act and What You Should Know for an Early Retirement Withdrawal
As COVID-19 is still at an all-time high, millions of Americans have been hurt financially and are still recovering. If you are out of work and do not have any income coming in, you may be considering withdrawing from your retirement savings. While the $1,200 stimulus check has been distributed to Americans making less than […]
Financial Insecurity in America
Amidst COVID-19 still being a massive problem in America; financial insecurity is at an all-time high. 80% of Americans believe financial insecurity is a significant problem. With business closures and layoffs still heavily occurring, financial insecurity is only natural in today’s environment. 71% of American households are financially unhealthy, resulting in not being able to afford critical […]
How Employers Can Help Employees Build Emergency Savings
Life is unexpected. Twists and turns will come up out of the blue. What happens when an employee has an accident or a medical bill that they are not expecting? Having emergency savings is essential for financial health, and an employer can help an employee build a rainy-day fund. 40% of Americans can cover $1,000 […]