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Zelle and EVERFI partner on digital financial literacy programs for high school students

Publish date: 18 November 2019
Author: EVERFI

Early Warning Services, the company behind the popular Zelle payments network, announced a partnership with EVERFI, the leading social impact education technology company.

The partnership will provide more than 1,000 high schools and 50,000 students with free financial education courses on how to bank responsibly in the ever-changing digital era. With only 30% of college students reporting having taken a high school financial literacy course1 , Zelle and EVERFI address an acute need for more financial education, especially given the rate of change brought on by ever-evolving technologies.

The partnership will be highlighted at the EVERFI Financial Capability Network Summit – a gathering of financial education experts – beginning today in San Juan, Puerto Rico. Rose Corvo, Chief Marketing Officer at Early Warning, will be on stage with EVERFI Chief Operating Officer, Ellen Patterson, to discuss why it's so important to provide financial education to high school students. Corvo will share insights on how financial brands have a responsibility to empower students with the knowledge and tools to drive positive change in their communities.  

"Banking is going through an unprecedented rate of change, improving our lives through speed and convenience, but also introducing a new set of risks for the uninformed," said Corvo. "We've partnered with EVERFI to navigate this change and are committed to making sure the next generation has access to the knowledge to help them understand the impact of technology so they may thrive in this ever-changing landscape."

Through this partnership, Zelle continues to demonstrate a commitment to financial education, which earlier this year included a partnership with Stacks House, the first pop-up with a purpose to promote women's financial literacy and help close the gap between women and wealth in America. Last month, the brand began its "Pay it Safe" campaign aimed at educating consumers on how to safely send money digitally and avoid scams and fraud.

"Our partnership with Zelle is based on shared principles that we can do more together than alone, especially when it comes to inspiring social change," said Ray Martinez President of Financial Education at EVERFI. "In the past decade, we have seen how education can transform lives. We welcome Zelle to our community of organizations, institutions, and educators to revolutionize the way education is developed and delivered—using today's technology to connect learning to the real world and equip communities with the skills they need for success in the 21st century."