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.

Amita Choudhary Marketing Manager at Princeton Growth Accelerator

International Money Transfer Services – 2021 Recap and Future Predictions

The global COVID pandemic has propelled payments, and specifically online and contactless transactions, into new highs. Based on McKinsey’s Global Payment Report for 2021, a “V shaped recovery” was witnessed in international money transfers after a relatively muted volume of transactions in 2020. McKinsey’s report estimates a 7% p.a. growth in gl...

03 February 2022 /inclusion

Mike Penner CEO at Lynx Global Digital Finance Corporation

How Fintech Companies are Solving the Unbanked Crisis

It goes without saying that the pandemic has changed our lives in profound ways. Everything from how we work to how we socialize has been altered completely. One of the many noticeable changes centers around how we bank and pay for the goods and services we utilize. As an example, in Canada, 2020 saw a 62% reduction in the usage of cash and 42% ...

28 January 2022 /inclusion

Dexter Penn CEO at Kalgera

12 Scams of Christmas

As Christmas Day fast approaches, many of us will be frantically last-minute shopping to ensure a Christmas to remember, not least after last year’s lockdown Christmas. Typically, UK households spend around £740 more than normal during the month of December, according to the Bank of England. While this is good news for the economy, it’s not so goo...

22 December 2021 /regulation /crime

Amita Choudhary Marketing Manager at Princeton Growth Accelerator

Easy ways to improve your financial privacy

In the modern world, we are all so used to our data being for sale that many of us do not even really evaluate the issue. However, while we might not mind our email address or name being on a marketing database, your financial data is far more important to keep private. That is why you should ignore the importance of financial privacy. Want to sto...

20 December 2021 /crime

Andrew Beatty Head of Wealth, Retirement & International at FIS

Digital Financial Inclusion: Why It Matters and What’s Driving Change

Financial inclusion is a major global challenge that can be difficult to define. However, most commentators agree that it begins with access to mainstream financial products. Jim Yong Kim, President of World Bank Group suggests, “Universal access to financial services is within reach – thanks to new technologies and transformative business models”....

02 December 2021 /retail /inclusion

Stephan Wolf CEO at Global Legal Entity Identifier Foundation

Why Financial Inclusion in Emerging Markets is the Backbone of a Strong Global Supply Chain

LSEG (London Stock Exchange Group), Zimbabwe’s NMB Bank Limited, GLEIF, Cenfri and Cornerstone Advisory Plus recently collaborated to launch the first iteration of GLEIF’s digital business identity initiative in Africa. This has been a success for all involved, making it a model showcase for how small and medium-sized enterprises (SMEs) across the...

17 November 2021 /inclusion /identity

Aurélie L'hostis Principal Analyst at Forrester Research

Rethinking The “S” In ESG: The Inclusive Finance Imperative

In the past two weeks, the eyes of the world have been on Glasgow and the COP26 summit, where international lawmakers, business leaders, and activists convened to bring climate change under control — amid extreme rainfalls and floods. Sustainability is the new reality for every one of us. Over the coming years, sustainability will become a top pri...

11 November 2021 /retail /inclusion

Amita Choudhary Marketing Manager at Princeton Growth Accelerator

Premier Fee Billing Software for the Finance Services Industry

Are you satisfied with the accuracy and efficiency of your current fee billing process? If not, have you considered other ways of streamlining your billing and invoicing operations? A fully compliant fee billing solution that incorporates billing software may be a better option for you. Fee Billing: Traditional vs Automated Fee billing is a proc...

15 October 2021 /startups

Retired Member 

Silent Disco

Before the world went into lockdown my wife arranged a child free weekend for us in London which included spending the night at the silent disco in The Shard. The concept being three DJ’s, Red, Blue and Green, battling it out to get the most listeners, with the headphones glowing Red, Blue or Green to indicate who you were listening to. Like most ...

29 September 2021 /people /wealth

Matt Oldham Co-Founder and CEO at Unizest

Fintech leaders, we hold the key to inclusive banking. Now is the time to act.

It’s often the case that those who have the least often experience the worst service. And in the world of financial services, this statement is very true. The latest 2019 government report showed that 1.3 million adults in the UK are unbanked. It is also estimated that one in four adults will experience financial exclusion in their lifetime, accor...

27 September 2021 /inclusion