CORPORATE EDUCATION AND TRAINING

Varo Bank Launches "SaveUp" Financial Education Course in Collaboration with EVERFI

EVERFI | September 17, 2022 | Read time : 02:58 min

Varo Bank Launches "SaveUp" Financial Education Course in Collaboration with EVERFI
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.

Spotlight

E-learning development is a collaborative effort, requiring several individuals with different skill sets. Errors and issues tend to creep in as the course changes hands in the various stages of design and development. The complexity and scope for errors further increases if e-learning development is outsourced to an external partner. So it is crucial to ensure measures are in place to identify and address issues in the various stages.

Spotlight

E-learning development is a collaborative effort, requiring several individuals with different skill sets. Errors and issues tend to creep in as the course changes hands in the various stages of design and development. The complexity and scope for errors further increases if e-learning development is outsourced to an external partner. So it is crucial to ensure measures are in place to identify and address issues in the various stages.

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EDUCATION TECHNOLOGY

BoomerangFX E-Learning platform expands to Asia-Pacific and Europe

BoomerangFX | November 23, 2022

BoomerangFX, a cloud-based, global integrated practice management software, digital marketing, and educational solution provider to the private-pay aesthetic medicine industry, is expanding its reach beyond North America. Having experienced demand for its e-learning solutions across Asia-Pacific and Europe, the company's educational platform, BoomerangFX LEARN, recently surpassed 10,000 participants worldwide. "We are seeing explosive consumer demand globally for highly effective, non-invasive treatments across all ages and demographics. This trend has driven an unprecedented number of new entrants launching aesthetic medicine practices, including traditional physicians, leaving managed care in droves to enter the lucrative, cash-based "med spa" industry. New non-invasive technologies, like the highly popular radio frequency fractional needle-based Morpheus8, introduced by global medical device leader, InMode Ltd. (Nasdaq: INMD) ("InMode"), have been a worldwide phenomenon and created a whole new category for safe, effective, office-based, and non-invasive treatments for facial and body reshaping." Jerome Dwight, CEO and Co-Founder of BoomerangFX The med spa industry continues to grow at double-digit rates and is proving to be recession resilient. With the entrance of 80 million millennials to the already engaged 80 million baby boomers, half of all North American consumers are potential clients for the cosmetic enhancement industry. Recent trends highlight that virtually every age group over 20 years, including both men and women of various socio-economic stature, is seeking out non-excisional and minimally invasive treatments that provide faster and highly effective outcomes without the downtime and risks of cosmetic surgery. Additionally, Dwight shared, "The industry is still in its infancy, and physician owners are seeking a global standard in training, certification, and ongoing support for their staff in basic and advanced techniques. They want to utilize the most popular technologies, like the Morpheus8, along with combination therapies that include a range of complimentary treatments such as the injectable Botox and soft tissue fillers, as well as non- and minimally invasive radio frequency devices and lasers. Alongside our core markets in North America and Mexico, we are seeing massive global demand in the United Kingdom, European Union, Indonesia, Philippines, Thailand, and Australia for cutting-edge learning delivered digitally. Doctors who are leaving managed care for the enhancement med spa space also need assistance in managing and marketing a private pay practice in the digital era, and our BoomerangFX LEARN platform can provide those much-needed educational tools and support. BoomerangFX currently offers hundreds of educational videos and webinars, certification programs, and content that cover a spectrum of training techniques and foundational business principles on how to launch, advertise, build, and manage a successful med spa practice. The educational resources, training videos, and companion materials are authored by BoomerangFX co-founder, Dr. R. Stephen Mulholland, one of the world's foremost authorities on cosmetic surgery, non-invasive aesthetic medical devices, and practice management. Mulholland was one the early pioneers in non-invasive aesthetic medical treatment technologies and helped to develop the underlying radio frequency technology and devices for InMode, which is one of the fastest-growing medical device companies globally. "I had the vision to launch the world's first and only specialized e-learning solution for the aesthetic medical market to enable future practices to learn the newest techniques and proven strategies to build and succeed in this exciting new industry," added Dr. Mulholland. Along with its e-learning cloud-based platform and solutions, BoomerangFX serves the aesthetic medical market with the industry's most advanced software as a solution (SaaS) practice management system, BoomerangFX RUN. It combines intuitive dashboards, integrated electronic medical records, scripting, patient workflow management, accounting, and scheduling. The BoomerangFX SaaS platform includes the industry's only fully integrated digital advertising and lead management solution, called GROW, which utilizes artificial intelligence and data science to optimize advertising on Google, Facebook, and other social media platforms to geo-target ideal customers for its med spa clients. Further, we complemented our software solution with virtual practice management consulting and coaching services, called OPTIMIZE. This additional unique feature, along with our integrated digital marketing and e-learning platform, is exactly what this new and dynamic industry needs to capitalize on the massive consumer demand. The team at BoomerangFX has worked diligently to provide these revolutionary platforms and we could not be more thrilled to be the global foundational platform driving the aesthetic medical market forward," Dwight continued. About BoomerangFX BoomerangFX is North America's fastest-growing cloud-based practice management company specializing in the aesthetic medicine industry. Co-founded by the globally recognized plastic surgeon and entrepreneur, Dr. R. Stephen Mulholland, along with technology entrepreneur and banking executive, Jerome Dwight, BoomerangFX revolutionized the private-pay aesthetic medicine industry by introducing the first turnkey practice management and digital marketing platform by seamlessly integrating digital ad placements, lead generation, electronic medical records (EMR), scheduling, customer relationship management (CRM), invoicing, and accounting in a single cloud-based service.

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CORPORATE EDUCATION AND TRAINING

Coursera Launches Expanded Clips Offering with Nearly 200K Short Videos and Lessons to Accelerate Skills Development for Employees

Coursera | October 03, 2022

Coursera, Inc. today announced the expansion of Clips, which now provides employees access to nearly 200,000 short videos and lessons designed to help them begin learning high-demand skills in under 10 minutes. “Lack of career development is a key reason many employees leave an organization. Yet employees have less time to devote to learning than ever before, A growing number of employees are now looking to gain job-specific skills much faster through shorter, more targeted content. With this shift towards microlearning, Clips enables employees to learn specific skills with 5-10 min videos. It also provides clear pathways into courses for deeper skill development, while driving continuous learning to ensure employees have the right skills to accelerate company growth and innovation.” Leah Belsky, Chief Enterprise Officer at Coursera. “ The initial Clips on Coursera offering featured bite-sized videos focused on business, tech, data, leadership, and human skills. The expanded Clips offering now provides a more comprehensive library of content, including a higher volume of videos for skills that are becoming increasingly more important like leadership and management. Currently, 83 percent of businesses feel it is important to develop leaders at all levels. Yet less than 5 percent have actually implemented leadership training across every level within their organization. To help address this growing need, Coursera has increased the number of leadership and management-related Clips by 10x. As learners quickly gain skills through Clips, many then seek opportunities for deeper development. Thirty-six percent of learners that have viewed Clips to address their in-the-moment learning needs have gone on to enroll in at least one course1. The most viewed Clips to date include a range of data, cloud, and productivity-focused content such as: Welcome to Python, by University of Michigan [1 min] Fundamentals of Data Science, by IBM [2 min] The Business Case for Visionary Leadership, by University of Michigan [7 min] Why is Storytelling Important?, by Macquarie University [9 min] Key Cloud Service Providers and their Services, by IBM [6 min] What is SQL Anyway?, by University of California, Davis [7 min] Customize Google Calendar, by Google [4 min] Taking Charge of Excel, by Macquarie University [6 min] Global industry leaders and government organizations like Google, New York State Department of Labor, Alstom, and Bosch have adopted Clips to help accelerate skills development within their workforce. Google in particular has made Clips available to all employees worldwide, helping many learners obtain skills that will help them elevate their job performance and begin unlocking new advancement opportunities. With Clips, Coursera now offers fully scalable learning paths featuring everything from short videos and lessons to professional certificates, and degree programs. For my role, developing skills in programming, camera hardware, and design is crucial. Finding relevant courses to acquire these new skills, and gaining practical, hands-on experience has been a challenge,” said Doris Chen, hardware design engineer at Google. The Clips videos provide relevant content focused on everything from camera and imaging to optical system design. As I continue my training, I’m looking forward to enrolling in more advanced classes and potentially earning an additional degree online to help further my career.I have always been fascinated by the concept of skills development programs and self-paced learning, and the ways it can assist to level up your career,said Rajat Batra, software engineer at Google. “Clips takes this concept to the next level by adding short and focused job related videos. These videos act as a good starting point to develop a higher level of understanding for several concepts.Coursera for Business now enables over 3,500 companies across the globe to deploy world-class skills development content from top businesses and universities. The company’s skills platform gives organizations the ability to assess, measure, and benchmark skills in their workforce. Recent platform innovations including LevelSets are helping employees to quickly determine their proficiency in key skills and identify areas to focus on moving forward. In addition, SkillSets help employees develop specific skills for specific roles. These Skill Sets provide the foundation for Coursera’s Leadership and Data & Analytics Academies, which offer a packaged learning experience based on the depth of skill needed for specific roles across an organization. About Coursera Coursera (NYSE: COUR) was launched in 2012 by two Stanford Computer Science professors, Andrew Ng and Daphne Koller, with a mission to provide universal access to world-class learning. It is now one of the largest online learning platforms in the world, with 107 million registered learners as of June 30, 2022. Coursera partners with over 275 leading university and industry partners to offer a broad catalog of content and credentials, including Guided Projects, courses, Specializations, certificates, and bachelor’s and master’s degrees. Institutions around the world use Coursera to upskill and reskill their employees, citizens, and students in many high-demand fields, including data science, technology, and business.

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ONLINE EDUCATION

E-Rate Eligible Solutions from Extreme Help Bridge Digital Divide and Create Modern Learning Environments

Extreme | October 19, 2022

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