The power of the collective
Martha Mghendi-Fisher is creating a community – a tribe – for women in the financial services industry.
Diversity
Texan challenger Viva First to launch for Latinos before year end
The fintech is piggybacking off Texas-based Spur Security Bank.
Breaking down walls
FinTech Futures took this somber moment to sit with Keisha Bell at DTCC.
Sibos 2020: Citi’s CEO calls on banks to deliver social justice
“We have a larger obligation to deliver fairness.”
Bank of America teams up with Black-owned Unity bank
BoA has acquired approximately 5% of the bank’s common equity.
Young Black lives in banking
The number of senior Black execs on Wall Street has remained under 3% for the past decade.
Banking Technology October 2020 issue out now
Educate, advocate, invest: It’s not enough for companies to pay lip service.
Sticking their necks out
Until now, no established, Black-owned, UK-founded bank has existed.
A sector ready for change
The Black community has been fighting for change for many years, often falling on deaf ears.
Can financial technology help reduce inequality?
Decisions made by algorithms can have a detrimental effect on people’s lives.
PayTech Awards 2020 now on YouTube: celebrity host, comedy stand-up, winners and more!
Watch Zoe Lyons perform her stand-up and unveil the winning projects, companies and people of PayTech Awards 2020.
Meet Mitigram, the female-founded fintech backed by a female-led VC
Mitigram is a global trade finance platform designed for exporters, traders and banks.
Citigroup promises $1bn to close US racial wealth gap
Citi figures suggest $5trn could be added to US economy in doing so.
Citi appoints Jane Fraser as new CEO
Fraser will be the first woman to lead a bulge bracket bank.
Federal Reserve demands clarity on US banks’ diversity efforts
The Fed is working with other financial regulators to boost responsiveness.
Banking Technology September 2020 issue out now
Tipping point: Google vs Oracle showdown.
Merger creates largest Black-owned US bank
City First Bank in Washington and Broadway Federal Bank in Los Angeles are merging.
What the Fintech? Episode 12 | Transformers: more than meets the AI
Matt Sattler, head of HSBC’s innovation labs, reveals what it takes to secure a deal with the bank.
2020 PayTech Awards hosted online by Zoe Lyons
Join our celebrity host Zoe Lyons for PayTech Awards 2020! Free broadcast on 10 September – everyone is welcome.
N26 founders get injunction against employees’ works council
A German union is still trying to push on with the meetings.
US Bank commits $1.15m to Black-led partners to “close racial gaps”
Some 15 partners will receive grants from $50,000 to $100,000.
US challenger Purple to tap America’s disabled community
The fintech allows users to receive disability benefits up to two days early.
How can fintech rise to the new D&I challenge?
If they don’t believe they are part of the problem, nothing will really change.
HSBC plans to double Black staff in senior positions by 2025
It does not mention what proportion of the bank’s current senior team are Black.
What the Fintech? Episode 10 | Diversity & inclusion: AI bias
Theodora Lau, founder of Unconventional Ventures provides her take on artificial intelligence.
Carta faces gender discrimination lawsuit
Paying her less than her male peers and subjecting her to other forms of gender discrimination.
Lloyds commits to increase Black staff in senior roles
It employs 40 Black members of staff across its more than 7,000 strong senior exec team.
Study finds discrimination against Black small business loan applicants
Of the groups studied, Black women received worse treatment in 59% of cases.
RBC commits CAD 150 million to diversity push
It aims to increase the proportion of non-white executive hires to 30% from 20%.
Storytelling for introverts
For the extroverts of all hues, ethnicities, sexualities, identities and faiths, check on your introverted friends.
UK regulator probes Visa’s acquisition of Plaid
The UK’s CMA is looking into potential anti-competitive implications.
Singapore develops “fairness metrics” for AI adoption in finance
The metrics will inform credit risk scoring and customer marketing.
Banking Tech Awards 2020 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
SoftBank unveils $100m fund for founders of colour
SoftBank’s COO says the fund will help create “a new generation of founders”.
What kind of workplace ally are you?
Allyship means valuing people with different experiences from your own.
Streamlining remittance, empowering migrant workers & driving inclusion worldwide
The ability to send money home is critical, but not always easy for migrant workers.
PayTech Awards winners: where are they now? Melissa McKendry, ACI – Woman in PayTech
ACI’s Melissa McKendry promotes fintech and payments as a career path for girls with the Coding for Girls initiative.
Ask the expert: how can I create a positive culture for my fintech?
Exploring ways to identify, secure, retain and develop the right talent for your business.
Women-only neobank Elas to launch in Brazil
Elas was officially founded in January this year.
Fintech can’t tackle financial services without tackling its diversity problem
Not only was the gender homogeneity disheartening, it’s also a serious problem.
