Innovation Masters: Bold banks take the lead in breaking down barriers to financial accessibility

ESG
02/09/2024Article

Innovation Masters, banks that are developing innovative solutions to the industry’s most pressing challenges, are making their products and services more accessible to people with disabilities. 

Forward-thinking banks are standing out from their competitors by developing innovative solutions that enable people with disabilities to more easily access their products and services. These Innovation Masters are harnessing new technologies, collaborating with advocacy groups and gathering insights from employees to remove barriers to financial inclusion and deliver more equitable user experiences.

Close to 1.3 billion people have a significant disability, according to the World Health Organization. That’s around 16% of the world’s population – one in six people. And many of them have limited or no access to banking services because of their disability.

Four Innovation Masters have stepped out and committed their organizations to improving the accessibility of their products and services. They’ve developed innovative solutions that have overcome long-standing barriers to financial inclusion. Each of their impressive innovations has been submitted for Qorus Banking Innovation Awards.

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