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.

Want to keep reading?

Create a web account to get access to more insights

Related news & insights

Mobility
17/01/2025News

Mobilize and NW unite for EV charging innovation

Mobilize and NW are combining their expertise to create groundbreaking solutions for Renault Group’s electric vehicle (EV) users. The partnership...

16/01/2025News

Bank Millennium launches Millennium 360 Prestige for affluent clients

This innovative account, combined with the previously introduced Visa Global credit card, offers a comprehensive solution designed to meet the...

15/01/2025News

Khome's innovative co-investment model aims to help buyers access real estate

Khome, a subsidiary of the Crédit Agricole Group, is introducing a novel solution aimed at tackling financial barriers for individuals...

ESG
15/01/2025News

CaixaBank ensures financial inclusion with mobile branches across Spain

CaixaBank is taking significant steps to ensure financial inclusion in Spain by expanding its mobile banking services, now available in...

13/01/2025Interview

At work with Raymond Sia

Raymond Sia, CEO and Executive Board Director of Canadia Bank in Cambodia, shares his insights and experiences with Qorus, reflecting...

Digital Reinvention
13/01/2025News

RBC and Cohere collaborate to transform financial services with secure generative AI

The new platform, North for Banking, combines RBC’s internal technologies with Cohere’s proprietary AI models to create a highly secure...

SME Banking
10/01/2025Article

Big revenue opportunities for banks willing to help SMEs go green

Supporting SMEs on their journey to sustainability offers banks the chance to grow revenues while advancing their own sustainability and...

Digital Reinvention
10/01/2025News

BRImo app expands global banking capabilities

Bank Rakyat Indonesia (BRI) has unveiled significant updates to its BRImo mobile banking application, emphasizing global accessibility and enhanced functionality.