Financial industry leaders provide insights on how they are improving access to financial services around the world
January 16, 2020 | Richard Hartung- Safaricom focuses on using M-Pesa to transform lives with innovative solutions that focus on customer needs
- OCBC Bank uses technology to improve people’s ability to access knowledge, resources and advice
- Financial inclusion and solutions to climate change go together, according to the UNDP, as overcoming the digital financial divide builds resilience
Improving financial inclusion is an important part of the United Nation’s Sustainable Development Goals (SDG) and a key opportunity for financial institutions.
“Financial inclusion becomes an important part of resilience. The way people in the developed world use money and the choices they make as consumers have impacts that are felt beyond borders,” said United Nations Development Programme (UNDP) chief digital officer Robert Opp.
Two key trends that are surprisingly linked, shared Opp, are digital transformation and climate change. The link between financial inclusion and climate change, he added, is that people who do not have access to financial services tend to be more vulnerable.
He sees a digital divide developing, however, so it is important to overcome that divide by using smart business models that can extend services to people. “It’s in our interest as the United Nations to look at that global interconnectedness. The choices we make have an impact,” he added.
Robert Opp,
United Nations Development Programme (UNDP) chief digital officer
Sitoyo Lopokoiyit,
S...
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Financial industry leaders provide insights on how they are improving access to financial services around the world
January 16, 2020 | Richard Hartung- Safaricom focuses on using M-Pesa to transform lives with innovative solutions that focus on customer needs
- OCBC Bank uses technology to improve people’s ability to access knowledge, resources and advice
- Financial inclusion and solutions to climate change go together, according to the UNDP, as overcoming the digital financial divide builds resilience
Improving financial inclusion is an important part of the United Nation’s Sustainable Development Goals (SDG) and a key opportunity for financial institutions.
“Financial inclusion becomes an important part of resilience. The way people in the developed world use money and the choices they make as consumers have impacts that are felt beyond borders,” said United Nations Development Programme (UNDP) chief digital officer Robert Opp.
Two key trends that are surprisingly linked, shared Opp, are digital transformation and climate change. The link between financial inclusion and climate change, he added, is that people who do not have access to financial services tend to be more vulnerable.
He sees a digital divide developing, however, so it is important to overcome that divide by using smart business models that can extend services to people. “It’s in our interest as the United Nations to look at that global interconnectedness. The choices we make have an impact,” he added.
Robert Opp,
United Nations Development Programme (UNDP) chief digital officer
Sitoyo Lopokoiyit,
S...
Categories: Keywords:
