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Stretching Every Dollar: Maximizing the Impact of Public Funds

Discover how ClassWallet revolutionizes public fund management, maximizing impact and minimizing waste. Explore a real-life case study from the Virginia Department of Education, showcasing the power of ClassWallet’s digital wallet technology. Unlocking the full potential of public funds is a top priority for government agencies. ClassWallet, the game-changing digital wallet platform, is revolutionizing how public … Continue reading “Stretching Every Dollar: Maximizing the Impact of Public Funds”

What To Ask A Financial Tech Company About Digital Wallets For Public Funds

Consider these things about financial tech companies before using their digital wallets for your public funds Digital wallets for public funds can impact the lives of your constituents. Getting their funds delivered faster and easier than ever before sounds like a no brainer. So, why aren’t local and state agencies using digital wallets for all … Continue reading “What To Ask A Financial Tech Company About Digital Wallets For Public Funds”

Choosing A Digital Wallet For Public Funds: What To Ask About The Technology

Digital wallets can distribute money faster than ever; here’s 5 things to consider and the questions to ask before selecting a partner. Digital wallets can transform the way constituents receive the public funds designated for them. Imagine not having to wait for reimbursement or paper checks in the mail. A digital wallet gives instant access … Continue reading “Choosing A Digital Wallet For Public Funds: What To Ask About The Technology”

How to Keep Public Funds Compliant and Secure for Audit-Readiness

Audit-proof your processes with these best practices for administering public funds. If you’re in charge of distributing public funds, you know that security and compliance are of the utmost importance. Mismanagement of funds or security breaches could result in severe consequences for your program – and quickly diminish public trust. Getting audit-ready after distributing public … Continue reading “How to Keep Public Funds Compliant and Secure for Audit-Readiness”

How Digital Wallets Alleviate Stress for School Leaders

Leadership is challenging enough without the extra burden of outdated purchasing systems Principals are the glue that hold together schools. They oversee all operations, drive success for students, lead staff and teachers, and respond to parents and the community. Principals generally see this broad array of responsibilities as part of their mission. They are, after … Continue reading “How Digital Wallets Alleviate Stress for School Leaders”

3 Ways ClassWallet Elevates a Digital Wallet Rollout

Ready. Set. Launch. 3 Ways ClassWallet Elevates a Digital Wallet Rollout As legislators and policymakers gathered at the recent National Conference for State Legislators (NCSL) in Indianapolis, ClassWallet was thrilled to have share our innovative platform to the assembly. Our patented digital wallet technology offers a solution that can redefine the way public funds were … Continue reading “3 Ways ClassWallet Elevates a Digital Wallet Rollout”

How Digital Wallets Can Transform Early Childcare Purchasing and Reimbursement

The Question of Access and Equity in Early Child Care Funding is a Pressing Concern In the U.S, with over 16 million children under the age of six potentially in need of child care assistance, the complexities and inefficiencies of the traditional purchasing and reimbursement process often create barriers. So much so that it is … Continue reading “How Digital Wallets Can Transform Early Childcare Purchasing and Reimbursement”

K-12 Purchasing and Reimbursement Can Be Quick and Compliant with Digital Wallets

Realize the Full Potential of Public Funds with Digital Wallet Technology Each spring, school district leaders find themselves under pressure to spend unused funds before the end of the fiscal year. What if there was a better way? With the right partner, the hassle and frustration of waiting to see if you have enough funding … Continue reading “K-12 Purchasing and Reimbursement Can Be Quick and Compliant with Digital Wallets”

Simplifying HUD and Rental Assistance Funding for Governments

Streamlining HUD and Rental Assistance Funding with ClassWallet: A Game-Changer for Local Governments In fiscal year 2020, the U.S. Department of Housing and Urban Development (HUD) allocated over $28 billion for public and Indian housing. Despite this, a 2021 report from the National Low Income Housing Coalition found that for every 100 low-income renters, there … Continue reading “Simplifying HUD and Rental Assistance Funding for Governments”

Revolutionizing Disaster Relief Funding with ClassWallet

Streamlining Disaster Relief Funding with ClassWallet: A New Dawn for Public Funds Management Did you know that as of 2020, the U.S. Federal Emergency Management Agency (FEMA) had spent over $81 billion on disaster relief? Yet, the distribution of these funds often faces significant hurdles, including administrative delays and inefficient auditing processes. This situation demands … Continue reading “Revolutionizing Disaster Relief Funding with ClassWallet”

8 Months Remaining: EANS Best Spending Practices

While EANS (Emergency Assistance for Non-Public Schools) funding may be considered controversial, streamlining an otherwise unruly spending and reimbursement process is not. ClassWallet is working to ensure accountability by providing a digital platform to support decentralized spending (educator empowerment!) with centralized funding (administrators prepare to ace the audit!). There’s a better way to disseminate public … Continue reading “8 Months Remaining: EANS Best Spending Practices”