To drive industry activity that informs and collaborates with government and third sector bodies to provide clarity on PayTech innovations and solutions that aim to reduce financial exclusion and the poverty premium.
Inclusion through Diversity
Continuing promoting the issues of lifestyle/value based financial exclusion and the new wave of banks emerging which are helping to solve underbanking/unbanking in the UK
Explore how cryptocurrency can lift individuals from across the globe who suffer from financial exclusion due to restrictive domestic markets (and other reasons) and develop financial independence by engaging with de-centralised financial products
Develop Policy Agenda/Profile
Develop clear policy positions on key financial inclusion industry issues and drive further stakeholder engagement and collaboration with third sector organisations and charities e.g. Pennies, Good Things Foundation, The Inclusion Foundation CIC
Engage with the government and third-sector parties, and continue to champion projects, initiatives, reports that aim to combat financial exclusion
Project Inclusion launched their webinar ‘Linking profit and purpose – embedding sustainability in the payments ecosystem‘ following the ‘Sustainability Superheroes‘ whitepaper.
You can watch the webinar in full here.
Josh Berle – Business Development Director, Mastercard
Neil Harris – CEO, b-yond
Daniel Holden – CEO, Trust Payments
Simon Thomas – Prepaid Product Manager, allpay
Jos Henson Gric – Founder, Flex Money
Ramsey El Dabbagh – Corporate Development, algbra
Emily Boyd – Director, Financial Inclusion, Mastercard
Cormac McCarthy – Partnership Development Manager, Pennies
Kit Yarker – Product Marketing Director, PPS
Nadia Benaissa – Marketing Director, BPC
Alex Lambeth – Public Affairs Director, Crown Agents Bank
Nigel Atta-Mensah, Board Member, Crown Agents Bank
Shadia Hanna – Principal, Payment Industry Relations, Discover Financial Services
Kevin Flood – Senior Manager, Financial Services, EY
David Monty – Director, tell.money
Thomas O’Kelly – Associate Partner, Infosys
Alice Riglin – Account Manager, DECTA
Joanne Dewar – Vice Chair, GPS
Financial exclusion is a huge issue when it comes to cross border payments since a large portion of these payments travel from the developed to the developing world, which typically lacks the appropriate financial infrastructure and services. Therefore, the Project Inclusion team sought to speak to several organisations who are encouraging global financial inclusion in developing and emerging markets by providing critical solutions that tackle cost, speed, access and compliance when it comes to cross border payments.
In the light of the U.K. government’s plans for the U.K. to become global cryptoasset technology hub, Project Inclusion, with the support of Mastercard, has launched its research initiative: Inclusive Crypto and CBDC’s– emerging themes and propositions.
Project Inclusion members spoke to select industry experts to get their perspectives on the possibilities of the new era of digital currencies addressing the financially excluded and underserved communities. Specifically, what are the financial inclusion use cases for these emerging currencies and assets and what will be their impact in the next 5 years?
The Payments Association’s Project Inclusion team in partnership with Mastercard, has launched its newest research initiative into ‘Lifestyle and Values Banking’. The project conducted several interviews with banks from across the UK and around the globe who are catering to consumers by going beyond monetary factors and providing alternative offerings and services and supporting the pillars of equality.
Sponsored by Mastercard and in association with The Inclusion Foundation, our new Payments Association Project Inclusion interview series will delve deeper into the aspects of affordable credit and assess the evolution of the landscape, by looking at recent developments and challenges in the affordable credit market, identifying areas of fintech innovation and next steps to further progress.