While some progress has been made, there is still a strong opportunity for the payments sector to collaborate and innovate on solutions that work for at-risk and underserved populations to help build their financial capabilities and resilience during the cost-of-living crisis.
What could that collaboration look like in practice between different industry stakeholders, both public and private?
Following the release of a report from The Payments Associations’ Project Inclusion, Navigating the rise of cost-of-living crisis: Payments Innovation as a game-changer’, this webinar furthers explore how the payments sector can offer innovative and tailored services for long-underserved individuals and communities and what public policy must be implemented to allow this happen
Watch webinar to explore:
- The impact of the cost-of-living crisis on those already financially underserved, how well the current financial services ecosystem and payments innovation is able to support them. Where are the gaps that still need addressing?
- How payments technology could be leveraged further to close the loop between public and private services – e.g
- The potential of innovations like fintech, open banking, open finance, and AI to support individuals at risk of financial exclusion.
- Shifting the narrative around financial inclusion from ‘nice to have’ to meeting a real demand worth investing in.
