Financial Inclusion

The financial services industry has much to contribute to the UN and World Bank goal of full financial inclusion by 2020. This group will focus on industry contributions, ideas, barriers and enablers.

Raktim Singh Senior Industry Principal at Infosys

Why Wealth Management is important

Historically, wealth management was limited to the family's elders. These individuals, assisted by advisors and chartered accountants, made prudent and secure investments, guaranteeing the absence of concealed charges or hazards. Those in the upper echelons of society were the primary investors, and their holdings were typically limited to real est...

30 December 2023 /wealth /retail

George Relish Editorial Director at Quidable

Finding the Best Wealth Advisor

Finding the Best Wealth Advisor Selecting the right wealth advisor is more than just a strategic choice – it's a commitment that shapes the financial futures of corporations, financial institutions, and their clients. A wealth advisor's role extends beyond simply managing financial portfolios. It's about envisioning a trajectory of growth that co...

12 December 2023 /wealth

David Hensley Founder at Enryo Limited

The rise of the credit union.

Credit unions are member-owned, non-profit financial cooperatives that provide a wide range of financial services, including everyday banking, and savings accounts, loans, credit cards, and investment products. According to the latest statistics from the Association of British Credit Unions Limited (Abcul), there were 246 credit unions in the UK. ...

23 November 2023 /retail /inclusion

Steve Haley Director of Market Development and Partnerships at Mojaloop Foundation

A Vision for Low-cost Cross Border Payments

Note: This post was drafted in collaboration with Mojaloop Community members. There is a global effort to reduce cross-border remittance costs to no more than 5% for any corridor and no more than 3% for most (SDG 10.c and G20 Roadmap targets). We have a long way to go to get there – and we hope the final fees are actually lower. These important go...

24 October 2023 /payments /inclusion

Sergei Artimenia Managing Director at RNDPOINT.com

Understanding the Role of PSD Agents in the Payment Services Directive

In this post I will explore the world of Payment Services Directives (PSD), where PSD agents are the unsung heroes, diligently working behind the scenes to ensure smooth transactions. If you've ever wondered who these mysterious figures are and what role they play in the grand scheme of payment services, you've come to the right place. In this com...

09 October 2023 /regulation /inclusion

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Beyond the Surface: The concept of Underbanked in Developed countries

When we think about the concept of financial inclusion and more particularly about underbanked and unbanked populations, we often picture developing countries where access to banking services is limited. However, it might surprise you to learn that even in developed European countries, where banking services are abundant, a sizable portion of the ...

28 August 2023 /sustainable /inclusion

Steve Haley Director of Market Development and Partnerships at Mojaloop Foundation

What is an Inclusive and Instant Payment System (IIPS)?

What’s in a Name? RTP vs RTRP vs IPS vs Faster Payments One of the fun things about working on a global trend is watching the alphabet soup of acronyms and buzzwords diverge and converge. The US and UK are largely still using the term “faster payments,” and you hear that from international financial institutions like the World Bank. The rest of the...

25 August 2023 /payments /inclusion

Maysam Rizvi CEO at Elifinty

Why the FCA’s Consumer Duty Regulations Will Create a New Opportunity for Fintech

The FCA’s new consumer duty regulations, coming into force on the 27th of July, require firms to deliver good outcomes for retail customers. Financial Institutions are concerned about the new regulations, often requiring them to overhaul many processes left untouched for decades on end. Herein lies the golden opportunity for nimble fintechs; by bu...

06 July 2023 /regulation /startups

Retired Member 

Emerging market considerations for the Fed

Ahead of rate meetings, the Fed faces a whipsawing dilemma each time. Can they raise rates considering the current state of the banking market and impending credit issues? But equally, can they afford not to with inflation still running so far above target? The two most recent Fed meetings saw the interest rate increasing by 25bp, in March and earl...

07 June 2023 /inclusion /markets

Steve Round Co-Founder and President at SaaScada

Closing the gap: How purpose-driven finance can drive the levelling up agenda

The Financial Services (FS) industry is the largest taxpayer in the UK, contributing around 10% of the UK’s total economic output. But the industry still has more to give to help the UK “level up”. Levelling up has been used in financial terms since the 1940s when it was used to refer to government benefits for the wives of serving soldiers. But...

23 May 2023 /cloud /inclusion