17 March 2018
visit www.ebaday.com

Nationwide and Visa partner on money management Website

26 November 2008  |  6657 views  |  0 Nationwide logo web screen shot

Visa is to develop a bespoke version of its Better Money Skills financial education Website for the UK's Nationwide, as banks adjust their strategies for an economic downturn and seek to deploy online tools that can help customers suffering financial hardship.

The deal marks the first instance of a Visa member forming an official partnership with Better Money Skills, under which the card scheme will create and run a tailored version of its recently-launched financial education site for use with Nationwide's customers.

Better Money Skills, which launched in September 2008, is designed to coach consumers on financial matters and ultimately help encourage responsible spending. It is aimed at financially distressed building society and bank customers in the UK, to provide them with guidance, self-test modules and practical tools such as budget and borrowing calculators so they can manage their money better.

Maxine Taylor, corporate affairs director at Nationwide, comments: "We have only recently launched our own financial education programme which is available in all primary schools with new modules being rolled out to secondary schools and university students next year. Linking with Visa on this venture complements the work we're already doing in this field."

The Website's content has been developed with the support and collaboration of Citizens Advice, which also recently announced a three year partnership with Nationwide to recruit and train 1,300 volunteers to carry out pro-active financial education work in their local communities.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Credit card issuers to share 'behavioural data' on customer accounts

Credit card issuers to share 'behavioural data' on customer accounts

24 November 2008  |  6668 views  |  0 comments
Wells Fargo moves into PFM start-up territory with new budgeting tool

Wells Fargo moves into PFM start-up territory with new budgeting tool

29 October 2008  |  13822 views  |  0 comments
Nationwide expands UK call centre operations

Nationwide expands UK call centre operations

18 September 2007  |  4787 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
Visit www.nextgenbanking.co.ukVisit www.vasco.com

Top topics

Most viewed Most shared
Augmentum Fintech raises £94m in IPOAugmentum Fintech raises £94m in IPO
11482 views comments | 25 tweets | 5 linkedin
BIS warns central banks on digital currency issuanceBIS warns central banks on digital currenc...
6210 views comments | 18 tweets | 17 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
6132 views comments | 8 tweets | 7 linkedin
Starling and TrueLayer integrate for open bankingStarling and TrueLayer integrate for open...
6060 views comments | 13 tweets | 9 linkedin
Capital One virtual assistant can now issue virtual card numbersCapital One virtual assistant can now issu...
5990 views comments | 12 tweets | 10 linkedin

Featured job

Six-Figure-Base, Double OTE, Benefits Package
London, UK

Find your next job