Fintech
What’s a buzzword that doesn’t get used enough?
Buzzwords are the corporate world’s way of adding linguistic seasoning, sometimes feeling like a Michelin star strategy session.
A sprinkle of “synergy” here and a pinch of “low-hanging fruit” there, the buzzwords can almost be compared to coriander; they can add flavor to the conversation, but overdo it and the buzzwords can be downright off-putting.
To the ITF payments conference at the headquarters etc. 155 Bishopsgate, we previously spoke to a wide range of participants and asked why the The FTT Payments Conference is different from the rest and this time we ask which buzzword is not used enough.
The meaning of financial inclusion is to ensure that all individuals, regardless of their background, income and gender, have access to useful and convenient financial products and services, such as transactions, payments, savings, credit and insurance, provided in a responsible and sustainable manner. way.
Despite the importance of financial inclusion, the lack of widespread awareness and understanding results in fewer discussions regarding topics that directly generate money.
One such financial inclusion project is Project Nemoa 12-month initiative led by Joanne Dewar, disability inclusion advocate and fintech industry leader. Project NemoThe aim of is to better serve the UK’s largest minority and accelerate disability inclusion efforts, while the aim is to create a lasting legacy of continued progress towards greater inclusivity within the fintech and its services.
Providing access and affordable banking services is essential to integrating unbanked and underbanked individuals into the formal financial system. By offering no-frills savings accounts and low-cost transaction accounts, financial inclusion can be achieved at the grassroots level.
This approach not only encourages financial savings, but also improves both conceptual and physical financial security.
People are the backbone of the fintech industry and, bearing in mind that fintech is borderless, this means that the FinTech workforce is made up of a diverse range of people, which provides the opportunity to work and learn from each other , all over the world.
FinTech leaders and CEOs are inherently disruptive in the most positive sense of the word, driving innovation and transformation within the industry. For those working in FinTech companies, this environment offers the opportunity to grow alongside the company, drawing inspiration from highly innovative leaders and thinkers. This dynamic industry empowers real people to help change the way the world manages money, conducts transactions, and pioneers innovation; shift perceptions away from traditional banking methods towards a more visionary future.