Financial inclusion - Long Reads, News, Articles & Research: Finextra

Bank On takes strides in banking the unbanked

The Bank On initiative has been addressing the needs of the unbanked throughout the United States by certifying secure and certified bank and credit union accounts. These accounts are specifically designed from feedback from the unbanked and underbanked populations that are left outside of the financial mainstream, whose needs and concerns have be...

21 November 2022 /inclusion

The Future of Regulation: Fintech's persistent dearth of diversity

Paige McNamee Senior Reporter at Finextra

The Future of Regulation: Fintech's persistent dearth of diversity

Fintech has been found to bear a systemic gender diversity problem. This imbalance has been seen to play out severely across venture capital where female founders have received just 1.3% of all VC funding in Europe since 2017. For such a progressive industry, why are these discrepancies persisting, and should regulators do more to improve these s...

12 May 2022 /inclusion

Accessibility and affordability are critical for the UK's future fintech success

Gerard Grech Founding CEO at Tech Nation

Accessibility and affordability are critical for the UK's future fintech success

The UK fintech sector is truly at the forefront of global innovation and development. That has been made clear this Fintech Week, as we’ve been truly inspired by UK founders, industry leaders and fintechs who are innovating on the global stage. The success of our fintech sector is also clear from the numbers. Last year, we saw $11.6 billion of VC ...

07 April 2022 /inclusion

Ukraine: How fintech can prove itself to be a force for good

Paige McNamee Senior Reporter at Finextra

Ukraine: How fintech can prove itself to be a force for good

As the entire world watches on, trying to assist the plight of the Ukrainian people in whatever way they can, we’re also seeing industries adapt and tailor services to reach those most in need. Fintech is no exception. Speaking with fintechs including the NEAR Foundation, Griffin, GC Partners, Skymind, Banked, and Azimo, we have compiled their pers...

10 March 2022 /inclusion

International Women’s Day: Addressing gender bias in AI

Hamish Monk Reporter at Finextra

International Women’s Day: Addressing gender bias in AI

One of the key missions of International Women’s Day 2022 is to celebrate digital advancement and champion the women spearheading innovation. With every development, however, it is important to ensure gender equity is baked into the system. While bias may be a fact of life, it doesn’t need to become a feature of our technologies too; #BreaktheBias...

08 March 2022 /inclusion

The Westminster Series: Back cash and stop exclusion

Chris Holmes Peer at House of Lords

The Westminster Series: Back cash and stop exclusion

Cash is having a bit of a time of it, already in sharp decline, the Covid lockdown has further impacted its currency. ATM withdrawals are down 80% in London, and though significant, this decline is not, and must not be allowed to become a terminal inevitability. Cash retains a vital role in our communities, it remains essential for millions and, w...

02 June 2021 /inclusion

We are what we invest in: The importance of gender lens investing

Hamish Monk Reporter at Finextra

We are what we invest in: The importance of gender lens investing

What is gender lens investing? How do we advance gender diversity and inclusion in the fintech and renewable energy sectors? Can we accurately measure the impact of gender-smart investment? Answering these questions successfully will have a profoundly positive impact on the global economy. At SME Finance Forum’s virtual webinar ‘Gender Lens...

14 April 2021 /inclusion

What does a Carney appointment mean for Stripe’s board?

Paige McNamee Senior Reporter at Finextra

What does a Carney appointment mean for Stripe’s board?

Mark Carney, current UN special envoy for climate action and head of impact investing for Brookfield Asset Management was recently announced as Stripe’s newest board member. He joins an esteemed group and will undoubtedly bring with him a fervour to push a green agenda. His profile will likely assist in Stripe’s global expansion projects, and their...

24 February 2021 /inclusion

Cutting through the hype of personal identity

Madhvi Mavadiya Head of Content at Finextra

Cutting through the hype of personal identity

As we progress further into 2020, it is evident that the issues and opportunities surrounding the topic of identity within the financial services marketplace are undergoing fundamental change. Because of technological advance, digital verification is playing a larger part in banking. Developments such as social media and mobile phones have provide...

27 January 2020 /inclusion

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