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Experian to Provide Debt Relief and Financial Services to 5,000 Hispanics | PYMNTS.com

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Experian to Provide Debt Relief and Financial Services to 5,000 Hispanics | PYMNTS.com

Experian is providing debt relief and financial education, products and services to more than 5,000 Hispanics nationwide.

The initiative is a response to findings that high numbers of Hispanics lack access to bank accounts and credit and that they report feeling the least financial security compared to other populations, the global data and technology company said in a Monday (Oct. 14) press release.

“Our research has revealed that some factors impacting Hispanics’ financial health are barriers to accessing credit, lack of credit history or limited financial education,” Jeff Softley, group president of Experian Consumer Services, said in the release. “We hope this initiative will help these families have a better chance at financial security and spread the word in the community that there are free resources from Experian available that they can utilize to reach their financial goals.”

As part of its initiative, Experian is relieving $10 million of consumer debt for more than 5,000 Hispanics, according to the release. The company is working with ForgiveCo to administer the acquisition and cancellation of qualifying consumer debt for the selected beneficiaries.

Experian is also providing the recipients with a free one-year premium Experian membership, the release said. The membership includes access to their Experian credit report in English and Spanish, their FICO score, bilingual educational content, an insurance comparison shopping service, help with canceling subscriptions, and credit card options tailored to their financial profile.

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The company will also offer access to Experian Go to those who do not have an Experian credit file established due to having no or limited credit history, per the release. Experian Go is a free program that allows individuals to create an Experian credit report and populate it with payment history for eligible bills, which could generate their first FICO score.

Experian launched Experian Go in January 2022, saying the program aims to help almost 50 million “credit invisibles,” or people with limited or no credit history, start building credit.

The company said at the time that its research showed that there were 28 million credit-invisible consumers and another 21 million who had a limited credit history.

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Building a scalable finance function at Coca-Cola Europacific Partners

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Building a scalable finance function at Coca-Cola Europacific Partners

Implementing the “Future of Finance Academy”

KPMG in the UK worked with CCEP to co-create a comprehensive learning program for senior managers and associate directors in its finance function. We began by developing a strong understanding of the unique business context in which the company and its finance team operate.

This also helped us determine the best mode of delivery for its globally distributed finance function and identify opportunities to stretch CCEP’s ambitions further.

For example, the KPMG team proposed turning the final module of the course into a showcase presentation. Trainees applied what they had learned to real business challenges and presented their solutions to the board in a business pitch-style competition. Although this added to finance leaders’ already demanding workload, it proved to be one of the course’s most successful elements, enabling participants to put their new skills into practice.

Before work on the Academy began, KPMG developed a detailed plan setting out how the two teams would work together, ensure consistency across the learning modules, maintain quality assurance, and manage changes to scope.

KPMG professionals then collaborated closely with CCEP to co-create bespoke learning content, with CCEP’s senior finance leaders acting as subject matter experts alongside our own finance specialists. 

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Bangladesh Says $300 Billion Climate Finance Goal Falls Short, Calls for More Support

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Bangladesh Says 0 Billion Climate Finance Goal Falls Short, Calls for More Support
DHAKA, June 23 (Reuters) – Bangladesh called on ⁠Tuesday ⁠for more funds and ⁠faster support for developing countries facing escalating threats from climate change, saying the global climate financing goal of $300 billion per ‌year fell short of ‌their needs. Speaking at the World Economic Forum’s …
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EU and Hong Kong in talks on new financial services dialogue, envoy says

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EU and Hong Kong in talks on new financial services dialogue, envoy says

Senior officials from the European Union and Hong Kong are in talks to launch a financial services dialogue, with companies from the bloc keen to explore opportunities in the Northern Metropolis, its top representative in the city has said.

Ambassador Harvey Rouse, head of the EU Office in Hong Kong, made the remarks at the Greenway 2026 forum on Tuesday, where he highlighted opportunities for cooperation on sustainable innovation and the green transition.

In a keynote address, Rouse said Hong Kong had established itself as one of Asia’s leading centres for green and sustainable finance, and that, as “two of the world’s leaders” in this field, both sides had an opportunity to deepen cooperation.

“Indeed, this cooperation is already under way,” he said.

“Senior exchanges between Hong Kong and the European Commission have intensified over the past year with visits of EU officials to Hong Kong and vice versa. Both sides are looking at starting soon a financial services dialogue to enhance cooperation.”

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Rouse said European firms could also provide investment and expertise to support Hong Kong’s green transition.

“This is particularly relevant as Hong Kong develops the Northern Metropolis,” he said, referring to the city’s 30,000-hectare (74,131-acre) megaproject near the border with mainland China.

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