EDUCATION TECHNOLOGY
MONEY LION | August 16, 2022
MoneyLion Inc., the go-to destination for personalized financial content, products and advice, and Zogo, a Gen Z-powered financial literacy company, announced their collaboration today that will provide enhanced financial education to over three million MoneyLion users. The partnership offers an essential blend of holistic and technological innovation that for many years has been left out of the banking and education industries. This is Zogo's largest integration with a Fintech platform since its conception in 2018. The two digital-first companies are teaming up to create crucial content and a seamless experience for users via a co-branded design effort of modules. MoneyLion customers can now easily access Zogo's bite-sized education modules within the MoneyLion app's "Today Feed" content.
The Today Feed is a key element on MoneyLion that brings together the power of community, data, knowledge and expertise to help educate and empower customers to find the best products and offers for them. Consumers will be able to make more informed, responsible financial decisions based on the education they receive every day. Skills users can learn from Zogo include, but not limited to: investing, saving, budgeting, credit scores, applying for loans, entrepreneurship, etc. With the implementation of Zogo, MoneyLion is changing the conversation around money, making it a positive one and reaching customers where they are by providing an essential and engaging educational experience.
"At MoneyLion, we think about our customers each day and want to provide them with the tools and know-how to become money savvy in a way that's approachable and fun, "Together with Zogo and through MoneyLion's data science and machine learning capabilities, each customer will receive a unique lineup of content and information, and the tools necessary to help them achieve their money goals, and at the same time, have the confidence to improve their financial health with a hyper-personalized in-app feed."
- Tim Hong, Chief Product Officer at MoneyLion
Partnering with a premiere [neobank] such as MoneyLion is a pivotal step toward Zogo's goal to bolster investor education for consumers' prosperous financial futures, This is one of our biggest leaps in the Fintech space, driving us closer to our overall mission of reinventing financial education than ever before, said Bolun Li, CEO at Zogo. Shyam Pradheep, Zogo's Head of Operations adds, It's been unbelievable to watch and be a part of Zogo's growth journey from our roots in dorm rooms and dining halls to now joining forces with a Fintech giant like MoneyLion. Our partnership unlocks opportunities for financial education and success for users across the country, and we can't wait to reach new heights together.
About Zogo
Created in 2018 in a dorm room at Duke University by three college students, Zogo has since flourished into an industry leader in financial education. Its award-winning suite of products offer bite-size modules and tangible incentives to make financial literacy education accessible, fun, and rewarding. Zogo partners with 200+ financial institutions in all 50 U.S. states to help them educate, engage, and empower the next generation of financial decision-makers. Zogo's engaging app has garnered nearly one million users and won numerous industry accolades, including "Best of Show" at Finovate Fall 2019 and the NACUSO 2019 Next Big Idea Competition. Bolun Li, Founder & CEO of Zogo, was named one of Forbes 30 Under 30 in 2021. Li recently appeared on NBC News Now and FOX 7 Austin to discuss the criticalness of financial literacy. Li's work has also been featured in Forbes, INSIDER, The Financial Brand, EdTech Digest, The Learning Counsel, and more.
About MoneyLion
MoneyLion is a leading digital financial services and lifestyle content platform. MoneyLion's mission is to rewire the financial system to positively change the path of every hard-working American. MoneyLion uses its proprietary data advantage and technology to empower its customers. MoneyLion engages and educates its customers with daily, hyper-personalized money-related and money-adjacent content that is delivered through each customer's own content feed. MoneyLion provides its customers a full suite of financial and non-financial solutions, bundling its proprietary, low-cost financial products with products that are offered through its marketplace technology and network affiliate partners. MoneyLion also leverages its distinct data, technology, and network advantages to deliver leading embedded finance and marketplace solutions for enterprise customers. Since its founding in 2013, MoneyLion has empowered millions of Americans to take control of their finances and live their best financial life, every day.
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CORPORATE EDUCATION AND TRAINING,CORPORATE LEARNING SYSTEMS
Schneider Electric | July 13, 2022
Schneider Electric™, the leader in digital transformation of energy management and automation, has announced a series of updates to its vendor-agnostic and CPD-accredited digital education platform, Schneider Electric University. Available in 14 languages and accessible globally for free online, the dedicated professional development platform directly addresses the data center sector skills gap, helping industry stakeholders to upskill and stay up to date with the latest technology, sustainability, and energy efficiency initiatives affecting the sector.To-date, Schneider Electric University has delivered more than one million courses to over 650,000 data center users, with +180 countries represented by its global user-base.
The new updates to the Schneider Electric University Data Center Certified Associate (DCCA) qualification include fundamentals of power, cooling, racks, and physical security, and guidance on how to optimize data center designs to drive resilience, energy efficiency and sustainability. It’s newest courses, for example, include Optimizing Cooling Layouts for the Data Center; Fundamental Cabling Strategies in the Data Center; Examining Fire Protection Methods in the Data Center; and Fundamentals of Cooling II – Humidity in the Data Center.
Furthermore, its curriculum addresses key focal points for the industry such as Data Center Site Selection and Planning, which offers guidance on how to select brown and greenfield sites for access to renewable energy; Alternative Power Generation Technologies, which helps drive the implementation of renewable energy strategies, on-site power generation and use of technologies such as microgrids; and Battery Technology for Data Centers, which evaluates the sustainability impact of different types of UPS batteries, the benefits of Lithium-Ion technology, and offers an analysis of the associated lifecycle costs.
Addressing the industry skills gap
Research in the Uptime Institute Annual Data Center Survey 2021 estimates staff requirements will grow globally to nearly 2.3 million in 2025. Further, 32% of respondents reported difficulty in retaining staff, with 47% having difficulty finding qualified candidates for open jobs. Attracting and retaining talent within the industry, which is the heart of the digital economy, is now reaching a critical mass.
By encouraging individuals to upskill and continue their professional development for free, the Schneider Electric University is directly addressing the data center industry skills gap and talent shortage, helping businesses to attract, retrain both new and existing talent, and providing access to specialized technical education, everywhere.
“In the last few years data center capacity demands have grown exponentially, reaching record new highs as digitization and cloud adoption accelerates. The sector skills shortage, however, remains a significant challenge and has potential implications for other connected industries, By providing guidance on the latest technology and sustainability initiatives, we believe the Schneider Electric University offers an invaluable resource to help bridge the skills gap by empowering business ecosystems, reskilling the workforce, and training the next generation of professionals to build the data centers of the future.”
-Pankaj Sharma, EVP Secure Power Division
Long-term commitment to education
Prior to its acquisition by Schneider Electric in 2006, members of the Data Center Science Center at APC™, Schneider Electric’s flagship brand of battery back-up power, surge protection, and IT physical infrastructure for data centers and edge computing environments, created the ‘Data Center University’ as a free resource to help train and upskill the next generation of industry professionals. Their vision was to create a CPD-accredited training curriculum that would support the professional development of industry stakeholders and prepare them to build the data centers of the future.
As ‘Schneider Electric University’, the platform has grown to offer more than 200 data center, energy efficiency and sustainability courses via two dedicated colleges, the Professional Energy Manager (PEM), and the DCCA qualification. All courses are available as self-paced, one-hour modules, in 14 different languages, offering free access to energy education, everywhere. Further, the university is recognized by 25 different industry CPD bodies including BICSI, the Electrical Contractors Association (ECA), Engineers Ireland, and the Renewable Energy & Energy Efficiency Partnership (REEEP).
As one of the industry’s-first dedicated professional development platforms for data centers and energy management, Schneider Electric University has remained completely impartial with all courses maintaining 100% vendor-neutrality. To-date it has delivered over 1,000,000 courses to more than 650,000+ users globally and offers a crucial lifeline for industry professionals seeking to advance their skillsets.
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries. We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
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CORPORATE EDUCATION AND TRAINING
EVERFI | September 17, 2022
Varo Bank, the first all-digital, nationally chartered U.S. consumer techbank, announced today the launch of SaveUp, a free middle school savings curriculum designed in strategic partnership with social impact education innovator, EVERFI. The SaveUp course is the largest initiative to date of the Varo Money Power program, which includes free online financial education lessons for adults and the Russ x Varo Money Power financial education workshops for high school students designed in partnership with NBA superstar Russell Westbrook.SaveUp empowers students by providing them with the tools they need to build a strong savings foundation and will be available to 4,500 middle schools nationwide by June 2024. The course is aligned with Jump$tart National Standards for Personal Finance Education and focuses on middle school students to provide them time to learn and practice savings habits before they start to deal with more pressing financial challenges in high school and beyond.
"Everyone deserves the same access to opportunity, and that starts with financial education,Through this joint initiative, Varo and EVERFI continue to advance our shared mission of expanding financial inclusion and helping young people learn the fundamentals of what it takes to build wealth for themselves and their communities. We plan to leverage this program content in the future to broaden the reach of financial education and literacy to a wider audience going forward."
Colin Walsh, Founder and CEO of Varo Bank
Throughout the course, students will learn the importance of saving, how to budget, how savings can help reach financial goals, and how to open a savings account. This will be accomplished through an interactive learning experience that includes:
Self-guided lessons to help students develop simple, actionable strategies.
Real-world scenarios that prime students for long-term behavioral change using problem-solving and self- reflection activities.
Detailed score reports and offline extension activities to help teachers maximize their impact across all students.
Middle school is a time of financial socialization for students as they start to develop their own values and beliefs around money," said Ray Martinez, Co-Founder and President of EVERFI. "Developing the SaveUp curriculum and bringing it to middle schools around the country, is just part of our commitment to help students, especially those in low-to-moderate income populations, build the knowledge and skills they need to achieve financial wellness and stability while providing equal access to the financial services system.
About Varo Bank, N.A.
Varo Bank is the first all-digital, nationally chartered U.S. consumer techbank built from the ground up, designed to make financial inclusion and opportunity a reality for all. Varo Bank is reimagining the modern banking experience and providing customers with the tools they need to build financial resilience and realize their financial power – with offerings such as Varo Believe, a secured card to help build credit, Varo Advance to help stretch hard-earned dollars between paychecks, the ability to earn cashback at 1,000 merchant locations nationwide, and a newly launched high yield savings account option, more than 38x the national average. A different kind of financial institution – Varo Bank serves everyone striving to build a better future – from those with abundance to people struggling to make ends meet. Varo has been named one of Forbes' World's Best Banks in 2022, Fast Company's Most Innovative Companies, and is on the Inc 5000 list of fastest growing companies for 2022. For more information on Varo Advance, Varo Believe, and other offerings such as Perks, visit www.varomoney.com, like Varo Bank on Facebook, and follow us on Instagram and Twitter @varobank. @2022 Varo Bank, N.A. Member FDIC.
About EVERFI, Inc.
EVERFI from Blackbaud is an international technology company driving social impact through education to address the most challenging issues affecting society ranging from financial wellness to mental health to workplace conduct and other critical topics. Founded in 2008, EVERFI's Impact-as-a-Service™ solution and digital educational content have reached more than 45 million learners globally. In 2020, the company was recognized as one of the World's Most Innovative Companies by Fast Company and was featured on Fortune Magazine's Impact 20 List. The company was also named to the 2021 GSV EdTech 150, a list of the most transformative growth companies in digital learning. Blackbaud, the world's leading cloud software company powering social good, acquired EVERFI in December of 2021.
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