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

ESG
02/09/2024Article
profile picture of Simon Cashmore

Simon Cashmore

Qorus

Copywriter

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

SME Banking
02/04/2025News

Chime Enterprise unveils Chime Workplace, a financial wellness suite for employers and employees

Available at no cost to both employers and employees, the platform integrates Chime’s financial tools with real-time workforce financial health...

02/04/2025News

Bankinter finalizes merger of EVO Banco and Avant Money to strengthen its international presence

Bankinter has officially signed the merger of its digital banking subsidiary, EVO Banco, and its Irish division, Avant Money, into...

Digital Reinvention
01/04/2025Article

Predict, engage, transform: AI’s role in the future of banking

As financial institutions intensify their focus on customer engagement, operational efficiency, and fraud prevention, AI is reshaping the industry with...

Digital Reinvention
01/04/2025News

Chime introduces Chime+, a premium membership tier, alongside a redesigned app experience

Available to those who set up a qualifying direct deposit, Chime+ offers exclusive perks such as a 3.75% Annual Percentage...

Digital Reinvention
01/04/2025News

Lunar launches youth banking app to empower the next generation

The new platform aims to help young users develop smart financial habits while giving parents the tools to oversee and...

Digital Reinvention
01/04/2025News

CIBC leads the way in responsible AI adoption in Canada

CIBC has become the first major Canadian bank to sign the Government of Canada’s Voluntary Code of Conduct on the...

Digital Reinvention
01/04/2025News

Revolut confirms its success in France and unveils new ambitions

Revolut continues its rapid ascent in France, surpassing 5 million customers and gaining an impressive 1 million new users in...

31/03/2025Interview

At work with Greg Krasnov

Greg Krasnov is the Founder of Tonik, the first neobank in the Philippines. In a chat with Qorus’ Boris Plantier,...