1To underscore the importance of the digital delivery of financial education in the growing digitalisation of our societies and economies. It is important to secure that everybody has access to financial education, since this measure effectively contributes to increasing financial resilience and well-being of all European citizens. 2The project iFLY-SLOW wanted to address digital readiness and financial resilience of adults by building their capacities in the field of financial competence in a digitalised context of Europe. To improve the availability of high quality training material on a digital training platform and provide the types of knowledge that adults could benefit from in their day to day lives, and support them to be capable of meeting their financial goals and adjust choices that may help them to achieve financial well-being, as well as the attitudes and confidence that will support this process. 3The IFLY-SLOW project aims to eliminate financial marginalisation of adults in a digital European economy, by supporting the development of hight quality learning content in an easy accessible digital format. 4. To build a hight quality digital platform where all materials are easily accessible for trainers and end users.
Novel financial technologies are rapidly gaining relevance in the European economy. However, the cloud, big data, social media and mobile innovations in the financial sector mostly appear as external “intruders” rather than European success stories in the context of the ageing adult population and financially marginalised sections of the community. If Europe wishes to reduce economic disparity in the transition to the digital era, we must rethink our strategies for adult financial education in a digital economy. The digital economy and financial services hold huge potential for ensuring a digital transformation that ultimately minimises disparity and inequality. Unfortunately, the huge potential of improving financial resilience of adults through quality financial competence training is underexploited in Europe. To support the adult education trainers and institutions teaching digital, entrepreneurship and financial competence to adults, we wanted to create a digital toolkit comprising training curriculum based on EQF and NQF, online database of tools and resources as well as a APPs based training of financial competence.