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Stephanie R. Yates

Using data from the 2016 Survey of Consumer Finances, this study investigates factors that affect electronic banking adoption rates. Financial knowledge, income, education, and credit card ownership are associated with a high probability of electronic banking adoption. However, age is negatively associated with the probability of online banking adoption and... Read More >

Haidong Zhao, Lini Zhang, and Sophia Anong

This study examined a conceptual model on the intention to adopt NFC-based mobile payment that incorporates financial experiences and beliefs. NFC refers to Near Field Communication, a new technology in mobile payments. From an online experimental survey of 463 U.S. young adults, this research found consumers who used cards among... Read More >

Jing Jian Xiao, Beatrix Lavigueur, Amanda Izenstark, Sherman D. Hanna, and Frances C. Lawrence

This article describes the current status and trends in the past three decades (1990–2019) of the Journal of Financial Counseling and Planning (JFCP). Since its first issue published in 1990, JFCP has become a major research outlet in consumer finance. The journal publishes cutting-edge, peer-reviewed, original research papers on consumer... Read More >

Yingxia Cao, Fengmei Gong, and Tong Zeng

This study was intended to find out whether social media could be a solution to improve personal financial literacy and ability. The authors examined the antecedents and consequences of using social media for personal finance with survey data from 359 individuals who used social media tools to view, learn, post,... Read More >

Dr. Charlotte A. Zeamer

This article describes the unique benefits of discourse analysis, a qualitative sociolinguistic research methodology, for evaluating financial literacy counseling.  The methodology is especially promising for organizations that may lack the resources to implement “gold standard” large scale, randomized, experimental or quasi-experimental longitudinal designs.  We begin with an overview of problems... Read More >

Dr. Charlotte A. Zeamer and Dr. Alisa J. Estey

There has been much effort in recent years to address some of the damage of the recent global financial crisis with financial literacy education. Little research has been done, however, on the factors that might affect the decision to seek individual versus couples-based financial education. We used a survey instrument... Read More >

Derek T. Tharp

This article examines potential consumer harm that may arise due to regulating modern financial services communication technology with rules written in the early 20th century. It is argued that disparities in record keeping regulation across communication mediums disincentivizes the use of technology capable of generating records for consumer retention, while... Read More >

Haidong Zhao, Lini Zhang, and Sophia Anong

This study examined a conceptual model on the intention to adopt NFC-based mobile payment that incorporates financial experiences and beliefs. NFC refers to Near Field Communication, a new technology in mobile payments. From an online experimental survey of 463 U.S. young adults, this research found consumers who used cards among their... Read More >

Lu Fan

This study develops a conceptual framework to investigate the relationship between households’ information search behavior and financial management outcomes. Consumers’ information search behavior is examined from both internal and external perspectives. The internal information sources include human capital and psychological and attitudinal factors, whereas the external information sources comprise financial... Read More >

Rui Yao, Weipeng Wu, and Cody Mendenhall

As DC plans become more popular than DB plans, American workers are increasingly responsible for their retirement savings. Because retirement plan participants’ portfolio allocation is constrained by the available funds in the plan, the construction of a plan’s investment menu has become extremely important. No research has evaluated fund selection... Read More >

Bin Li, Sherman D. Hanna, and Kyoung Tae Kim

This study used data from the 2015 National Financial Capability Study to analyze the adoption of mobile payments by U.S. households.  While 24% of respondents used mobile payments, the mean rate for those under age 25 was 11 times the rate for those 65 and older. State rates ranged from... Read More >

Axton Betz-Hamilton

In 2017, more than one million children became identity theft victims. Many perpetrators of child identity theft are parents, but there are limited data on these perpetrators. The purpose of this study was to understand parental perpetrators of child identity theft through the experiences of victims. Using a phenomenological approach,... Read More >