Harrisburg, PA – Last month, the Pennsylvania Department of Banking and Securities (DoBS) has launched My Money, a new online resource designed to help Pennsylvania residents learn about, manage and protect their finances. Available at pa.gov/MyMoney, the website brings together trusted financial education materials, fraud prevention resources and consumer assistance information in a single, easy-to-navigate location.
The new website – visited by more than 17,000 consumers so far – also builds on that Shapiro administration broader efforts to strengthen consumer protections and help Pennsylvanians avoid scams, scams and financial exploitation.
See what Pennsylvanians are reading and seeing about the Shapiro Administration’s efforts to provide trusted financial resources to Pennsylvanians:
Record Argus: Dollars and Sense: Pennsylvania. Ministry of Banking and Securities Launches My Money Online Resource Hub
Lehigh Valley Business: Shapiro Admin Launches Financial Portal for Pennsylvanians
Central Penn Business Journal: Shapiro Admin Launches Financial Portal for Pennsylvanians
Bedford Gazette: State introduces new financial resource
Metro Philadelphia: State launches website to help Pennsylvanians manage and protect their finances
Blue Mountain Town & County Gazette: The My Money website was launched to help Pennsylvanians learn about, manage and protect their finances
PennWatch: PA launches My Money website to help manage money and protect finances
FOX 29: Shapiro administration launches My Money financial literacy program for Pennsylvanians
The My Money website contains dozens of financial resources to help Pennsylvanians navigate important life events and financial decisions, including higher education and training, employment, family finances, home ownership, military and veteran services, business ownership, unexpected life events, aging, retirement and more. The site’s focus is on useful, easy-to-understand resources to help consumers learn about, manage and protect their hard-earned money.
Visitors can also easily:
The launch of My Money is the latest step in the Shapiro Administration’s broader consumer protection initiative, which includes the statewide consumer protection hotline 1-866-PACOMPLAINT (1-866-722-6675), the pa.gov/consumer website, the consumer@pa.gov email address, new cryptocurrency protections, AI fraud protections, and regulatory actions that have returned millions to consumers.
Since he took office Governor Shapiro has taken action Strengthen consumer protections and help Pennsylvanians protect their finances by:
- Required Virtual currency transmitters are set to be licensed under Pennsylvania’s Money Transmitter Act, closing a regulatory loophole that previously left consumers unprotected.
- Determination new criminal penalties for using artificial intelligence to create non-consensual fake digital images, such as deepfakes and voice clones, used to commit fraud.
- start an AI literacy toolkit to help Pennsylvanians use artificial intelligence tools safely and responsibly.
- Create an AI Enforcement Task Force for formal complaints with a reporting process for AI-powered bots that may be engaged in unlicensed professional activity.
- return more than $54 million to consumers through regulatory actions by the DoBS and the Pennsylvania Insurance Department.
With new legislation, coordinated agency efforts, and strong consumer protection laws already in place, the Shapiro administration continues its work through its diligent work to raise awareness and protect residents across the Commonwealth.
https://www.pa.gov/agencies/dobs/newsroom/icymi-shapiro-administration-launches-my-money-website
