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.
Diversity
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.
Remaking traditions to reinvent industries
Innovation and the need for diversity.
Celebrating Finovate’s #WomeninFinTech
For fintech to be for everyone, it needs to be from everyone.
The witches are coming
Our togetherness is our greatest legacy to a world that can and should do better for the next generation of humans.
Taking chances: An interview with Chuka Ikele, legal counsel at CrossLend
Drawing connections between the correlation of law and finance.
“Pale, male and stale” tag still dogs financial services industry
Three steps to break the cycle and achieve genuine diversity and inclusion.
Community spirit: Reminiscing on the halcyon days of the bank branch
“I had to find out how to best serve people and customers at a community level.”
There is no ‘one-size-fits-all’ approach in the ongoing fight for greater diversity
We should never lose sight of the ‘why’ that lies behind the lack of diversity in British businesses.
Goldman won’t take companies public without at least one “diverse” board member
GS itself has four women on its board of directors, out of 11 total members.
Fintech’s diversity performance last year and predictions for 2020
A digital approach to inclusion training can help fintechs with smaller budgets.
Three ways fintech can address the gender pay gap
Define inclusion and diversity as two very different things.
