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    FamZoo Selected to Present New Youth Financial Literacy Product at FinovateFall 2011

    PRWeb – Tue, Sep 6, 2011

    FamZoo, an online family tool for teaching kids about personal finance, will demonstrate its new co-branded product for financial institutions at FinovateFall 2011 in Manhattan.

    Palo Alto, CA (PRWEB) September 06, 2011

    FamZoo.com has been selected to unveil its new online youth financial literacy product for banks, credit unions, and financial advisors at FinovateFall 2011, the premiere conference for showcasing new innovations in banking technology. The new product, FamZoo Partner Edition, offers financial institutions a full-featured, co-branded solution that helps kids learn practical money skills through real-life experiences in collaboration with their most important mentors: their parents. FamZoo will join an exclusive group of handpicked financial technology innovators to demonstrate its new product to industry leaders at the FinovateFall 2011 (http://www.finovate.com/fall2011/) show on September 20 and 21 in New York City.

    “When it comes to learning personal finance, today’s tech-savvy kids are quickly bored with the typical games and content offered by financial and educational institutions,” says Bill Dwight, Founder and CEO of FamZoo (http://www.famzoo.com). “Kids learn best by doing - lots of repetition, trial, and error with their own money over an extended period of time. That’s why we built FamZoo.”

    On FamZoo.com, parents run their own private online “Bank of Mom & Dad” that can be fully customized using a variety of tools including IOU accounts, automated allowances, chore charts, budget worksheets, compound interest, savings calculators, loans, and more. Kids learn to save patiently, spend wisely, and give thoughtfully while collaborating with their parents in a safe, educational environment. FamZoo Partner Edition is a co-branded version of FamZoo with a built-in targeted advertising platform that allows banks, credit unions, and other financial organizations to deliver superior youth financial education while establishing a long-term relationship with their next generation clients.

    “FamZoo is a financial education powerhouse,” says Jay Sanders, President of Maturity Planners and youth financial literacy educator in New York City. “With FamZoo Partner Edition, I can combine my custom educational content with the real, ongoing financial experiences of my client families. That combination, unlike standalone read-it-once content or play-it-once games, gives kids a real shot at mastering money skills with confidence.”

    “We are very happy to have FamZoo unveiling its new product at FinovateFall 2011,” said Eric Mattson, CEO of Finovate Group. “Financial education is an area in huge need of new innovations from forward-thinking companies like FamZoo.”

    About FamZoo: FamZoo’s online “Virtual Family Bank” helps parents teach their kids good personal finance habits through real-world, hands-on practice. FamZoo Partner Edition is a co-branded version of FamZoo with a built-in targeted advertising platform that allows banks, credit unions, and other financial organizations to deliver superior youth financial education while establishing a long-term relationship with their next generation clients. For more information about FamZoo, please visit http://www.famzoo.com

    About FinovateFall: FinovateFall is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in New York City, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. For more information on the event, please visit http://www.finovate.com

    ###

    Bill Dwight
    FamZoo.com
    412 326 9661
    Email Information


     

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