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On April 13, 2012, during Financial Literacy Week, Lee Rainie from the Pew Internet Project discussed how digital disparities influence financial literacy and services. Key factors analyzed include income, educational attainment, age, and race/ethnicity. The presentation highlighted statistics related to internet and smartphone usage based on demographics, revealing that 80% of internet users are affected by income and education, while 88% of mobile users correlate with household income. These insights are crucial for understanding the landscape of financial services in a digital age.
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Digital Differences and Money Center for Financial Services Innovation/NYSE – Financial Literacy Week April 13, 2012 Lee Rainie: Director, Pew Internet Project Email: Lrainie@pewinternet.org
Tech landscape • Income • Educational attainment • Age • Race/ethnicity ---- • Internet / broadband at home • Mobile • Social networking
Federal Reserve http://www.federalreserve.gov/econresdata/mobile-device-report-201203.pdf “Consumers and Mobile Financial Services”
Federal Reserve http://www.federalreserve.gov/econresdata/mobile-device-report-201203.pdf “Consumers and Mobile Financial Services”
Federal Reserve http://www.federalreserve.gov/econresdata/mobile-device-report-201203.pdf “Consumers and Mobile Financial Services”
Federal Reserve http://www.federalreserve.gov/econresdata/mobile-device-report-201203.pdf “Consumers and Mobile Financial Services”