Business
KEYBANK PARTNERS WITH COMMUNITY LENDING INSTITUTIONS TO PROVIDE $50 MILLION IN ACCESS TO CAPITAL
KeyBank (NYSE: KEY) announced placement of $50 million in deposits with six Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs), including four Black-owned banks or managed banks and two banks serving Alaskan Native and Native American communities. As a founding member of the Economic Opportunity Coalition, KeyBank is pioneering the support of placing deposits with urban and rural community lending institutions to further enhance their ability to serve historically under-resourced communities. This effort is one of many that symbolizes KeyBank's larger purpose: to help clients and communities thrive.
Revolutionizing Economic Equality: Our Money United to Launch the First Black Wall Street Spending Ticker, Transforming Consumer Spending and Corporate Accountability
On Tuesday, March 12, 2024, Our Money United will unveil the Black Wall Street Spending Ticker, a pioneering technology driving consumer spending transformation with corporate accountability. The highly anticipated reveal of the Conscious Spending Platformed is led by Friends of the Movement (FotM) Global, the Atlanta Black Chambers Foundation, the Russell Innovation Center for Entrepreneurship, and the Original Black Wall Street (Greenwood-Tulsa Chamber), in collaboration with civil rights and social justice organizations nationwide. The Russell Innovation Center for Entrepreneurship (RICE), the largest Black incubator in the nation, will house the Black Wall Street Ticker.
Minority Business Development Agency Under Secretary Cravins Announces Formation of MBDA Minority Business Enterprise Advisory Council
Donald R. Cravins, Jr., Under Secretary of Commerce for Minority Business Development, announced the formation of the U.S. Department of Commerce, Minority Business Development Agency's (MBDA) Minority Business Enterprise Advisory Council. As stated in The Minority Business Development Act of 2021, this council will advise and assist MBDA in their mission to promote the growth of minority owned businesses.
GROUP BLACK LAUNCHES AUDIENCE INSIGHTS PLATFORM TO HELP BRANDS WITH REACH, RELEVANCE AND RESONANCE
Group Black, a trailblazing Black-owned media company dedicated to connecting brands with diverse audiences, proudly unveils a few groundbreaking initiatives for 2024. At the top of the year, the company will introduce the first-of-its-kind Group Black Audience and Insight Platform, a category-leading solution. Group Black also announces an innovative partnership with Zeta Global (NYSE: ZETA), the AI-Powered Marketing Cloud. These initiatives mark a significant leap for Group Black, offering exclusive avenues for brand growth focusing on relevance, resonance, and reach, particularly within the Black and Hispanic sectors.
5 Tips to Help Improve your Credit Score in 2024
Establishing credit is one of the most important keys to achieving financial health and creating generational wealth. A good credit score shows you have a track record of borrowing money responsibly and is important to landlords, mortgage lenders, financial institutions and more. The higher your credit score, the lower your interest rates will be on credit cards and loans, helping you save money over time.
Meet Charis Jones, the fashion CEO changing lives in Africa and beyond
Charis Jones, CEO and Creative Director of Sassy Jones, is the first black female entrepreneur to build two girls dormitories at a Kenyan education center in Africa. Her initiatives have allowed prepubescent young girls to live separately from the boys, while maturing into confident young women. A percentage of every purchase with the brand goes toward the supplies to aid in the epidemic of menstrual poverty and the success of school in Kenya. In commemoration of the brand's philanthropic efforts, Sassy Jones designed a collection inspired by precious moments with the tribes and children.
BBB Business Tip: Apply These 5 Uncommon Techniques to Grow Your Small Business
As a small business owner, you know that you should be constantly growing to be successful in the long term. To do so, you need to hire the right people, market your brand, and find new customers. Despite knowing the right steps to take, however, small business growth can be challenging, requiring you to make strategic decisions about how you spend your time and money. While you likely already have a rough outline for achieving business growth, there are a few useful techniques you may not have heard of, that can help you achieve success for your small business.
UrbanGeekz Partners with CultureBanx for Editorial Series Showcasing Black Innovation Alliance Members
Digital news brand UrbanGeekz has teamed up with CultureBanx for an exciting media partnership showcasing Black Innovation Alliance member organizations.
UrbanGeekz Unveils Inaugural UrbanGeekz 50 to Showcase Gamechangers in Tech, Innovation and Entrepreneurship
Award-winning digital media brand UrbanGeekz has published its first-ever 2023 UrbanGeekz 50 List. "It's an honor and privilege to curate this list celebrating Black excellence across the innovation economy," said Kunbi Tinuoye, founder and CEO of UrbanGeekz. "Our goal is to profile and celebrate visionaries making an impact, breaking boundaries, and inspiring others to do better."
COQUAL RELEASES NEW FINDINGS FROM ITS BLACK EQUITY INDEX
Coqual, a leading global think tank, today released a new white paper with the results of its second annual Black Equity Index (BEI), a benchmarking tool created for companies to drive measurable change, track true progress, and demonstrate their commitment to racial equity in the workplace.
Hyundai Motor North America's Olabisi Boyle Named a 2023 Automotive News All-Star
Olabisi Boyle, vice president of product planning and mobility strategy for Hyundai Motor North America, was named a 2023 Automotive News All-Star in the operations executive category. The esteemed awards program includes an annual selection of thirty-eight outstanding individuals who are leaders in the highly competitive automotive industry. In addition to Boyle's recognition, Euisun Chung, executive chair of the Hyundai Motor Group received the Industry Leader honor.
The Executive Leadership Council Appoints Earl Granger, III as Chief Development and Impact Officer
he Executive Leadership Council (ELC) announced the appointment of Earl Granger, III as Chief Development and Impact Officer. The ELC is the preeminent global membership organization for Black current and former CEOs, senior executives and board members of Fortune 1000 and equivalent companies, top-tier entrepreneurs and global thought leaders. The organization advocates for advancing Black leadership by increasing the number of Black corporate CEOs, C-Suite executives and board members, and building the pipeline of the next generation of Black corporate leaders.
Banking on Brilliance: George Acheampong Sets the Standard for Financial Thought Leadership
George Acheampong, an influential figure in personal finance, wealth building, and entrepreneurship, is leaving an indelible mark on the financial industry. As the Founder and Managing Partner of Capitalwize, LLC, a Financial Planning and Investment Management Firm, and the visionary behind Melanin Money Capital, a Venture Capital Firm focused on early-stage Black-owned Start-ups, Acheampong is at the forefront of financial empowerment.
Stay ahead of the scammers and keep your accounts safe
Your phone pings. It looks like a text message from your bank, and it’s urgent. It says you need to send money to your account using a wire transfer or digital payment like Zelle® to reverse a fraudulent transaction. Or, it tells you there’s suspicious activity on your account, and you need to call a certain number right away to address it.
