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.

Retired Member 

Up to a Third of Goods Sold Through Online Gold Exchanges Could be Fake According to Reports

A recent report commissioned by the Goldsmiths’ Company Assay Office and the British Hallmarking Council found that up to a third of all gold jewelry sold online could be unhallmarked, and possibly fake. The implications of this are huge, but could also be an opportunity for third party tech solutions that could help in the authentication of gol...

20 November 2019

Konstantin Rabin Head of Marketing at Kontomatik

Kenya adopts a data protection law to bolster tech investments

Kenya just took a big step towards its tech development. On November 8th Kenyan president, Uhuru Kenyatta approved a data protection law that complies with European Union legal standards. This will finally allow Kenya to embrace its full potential when it comes to tech innovations and startups and to attract more investments in its information tec...

14 November 2019 /regulation

Konstantin Rabin Head of Marketing at Kontomatik

Mastercard is introducing Fintech Express

Global payments industry giant, Mastercard is taking big steps towards embracing Fintech. During the Singapore Fintech Festival taking place from Nov-11 to Nov 13 of this year, Mastercard announced its latest innovation - Fintech Express. The program aims to onboard partners at record speed and provides immediate access to a cross-functional team...

12 November 2019

Tim Duncan Founder/CEO at FinTechCommons.org

Can Today’s Financial Nonprofits Survive and Scale in a Digital World?

The Innovator’s Dilemma is challenging financial nonprofits. They must adopt disruptive technology, become data driven and follow their clients to the digital world to remain relevant. The problem is that these organizations are not experienced nor built to manage the risk of large investments in technology and organizational transformation. They ...

06 November 2019 /inclusion

Murilo Menezes Vice President for Latin America at Juvo

Strength in Numbers: How Mobile Phone Data Can Fuel the Future of FinTech

Banks and mobile operators have a lot more in common than you might think. They both have global distribution networks and a system of financial clearing houses that settle charges between the individual companies on the network. This means I can use my credit card globally just as easily as I can my phone, and in both cases, I can settle my bill ...

23 October 2019 /inclusion

Matthew Dunn Managing Director, Go-to-Market at Experian

How affordability can boost financial inclusion in insurance services

Financial inclusion is a priority for all modern, innovative businesses. Helping to widen the net to those, who up until now, have been unable to access services and products, and being able to make accurate decisions based on those customers’ information, is an integral part of any strategic plan. When we think of financial exclusion we tend to f...

07 October 2019 /inclusion

Retired Member 

Fintech is Set to Transform the Role of Future Accountants

The role of accountants is changing by the minute, and the field is rapidly shedding away it’s old, demeure, and cautious face. New technologies are making the job of accountants easier, but could also disrupt the industry in ways they couldn’t imagine. Things like open banking, cryptocurrencies, automation, and artificial intelligence could all o...

04 October 2019

Ron Delnevo Chair at UK Cash Supply Alliance

UK Post Office Access To Cash - Setting Back Service Standards By Half A Century?

More stories this week in Britain about the potential for Post Offices to replace ATMs as far as the supply of cash to the public is concerned. There is a heavy irony in Post Offices now being touted as substitutes for ATMs in the UK. Way back in 1967, the Scot John Shepherd-Barron invented the ATM because he was frustrated that bank branches were...

03 October 2019 /payments /retail

Retired Member 

Big Data is Revolutionizing the World of Finance - Here’s How

Our ability to gather, compile, and mine for data is greater than it ever was and continues to grow by the minute. Big data analytics is affecting nearly every industry, but there are few sectors where it’s having as profound an impact than on the world of finance. We’re already seeing robo advisors using improved data sets, artificial intelligenc...

16 September 2019

Retired Member 

Improving Money Management Capabilities for Your Business

There are lots of different ways to approach money management in the context of a business. And while some might seem more attractive for your situation than others, it’s important to analyze all of them objectively instead of rushing any decisions that might not be based on actual facts. You have various tools that you can take advantage of, and ...

24 August 2019 /inclusion