• Home
  • Why Attend
    • For Financial Institutions
    • For Fintech/Tech
    • For Talent
    • Our DNA
    • Contact
  • 2019 Highlights
    • Gallery
    • TOP 400+ FIs
    • Speakers
    • Festival Guide
      • 2019 Agenda
      • Download
      • Live Music
      • Craft Beer
      • Welcome Stage
      • Fintech Stories Stage
      • Strategy Stage
      • Build Stage
      • AITECHTalents – Discovery Day
      • RegTECHTalents – Discovery Day
    • Fintech Stories
    • Secret Shopper
  • Steer Co.
  • Partners
  • Prospectus
  • Insight
    • Awesome Stuff
    • FinTech Of The Week
    • Video Interviews
    • Video Testimonials
    • The Platform
    • Subscribe
  • Get Involved
  • Register

Fintech Talents

Fintech Talents

Kallyas is an ultra-premium, responsive theme built for today websites.

T (212) 555 55 00
Email: sales@yourwebsite.com

Your Company LTD
Street nr 100, 4536534, Chicago, US

  • Home
  • Why Attend
    • For Financial Institutions
    • For Fintech/Tech
    • For Talent
    • Our DNA
    • Contact
  • 2019 Highlights
    • Gallery
    • TOP 400+ FIs
    • Speakers
    • Festival Guide
      • 2019 Agenda
      • Download
      • Live Music
      • Craft Beer
      • Welcome Stage
      • Fintech Stories Stage
      • Strategy Stage
      • Build Stage
      • AITECHTalents – Discovery Day
      • RegTECHTalents – Discovery Day
    • Fintech Stories
    • Secret Shopper
  • Steer Co.
  • Partners
  • Prospectus
  • Insight
    • Awesome Stuff
    • FinTech Of The Week
    • Video Interviews
    • Video Testimonials
    • The Platform
    • Subscribe
  • Get Involved
  • Register

Content

STAY TUNED
  • Tweet
  • Share 0
  • Reddit
  • +1
  • Pocket
  • LinkedIn 0

Fintech: Key to Driving Financial Wellness, But NOT the Only Key

by Laura Camplisson / Tuesday 03 November 2020 / Published in Content, FinTECHTalents, Inclusion

During FTT Building Societies on 21st October, there was one issue of great importance which discussion continued to circle back to. As the mutual banking sector navigates an acceleration towards digital, it is important to acknowledge that innovation is not an end in itself. For Building Societies, new technologies should always be implemented with the intention to deliver better financial wellness for the individual and society.

The point was raised of how FinTech fits together with an ongoing mission to drive financial inclusion and resilience, by empowering members to reach financial goals at all stages of their lives. Our penultimate panel of the day, leapt straight into this issue, asking the question: Can we ensure innovation has a measured, positive impact on the communities Building Societies serve, rather than being for innovation’s sake?

This is a particularly timely discussion given the health and financial crisis brought on by the pandemic and subsequent lockdown, which are putting a great strain on personal finances for many members. The panel was not one to be missed, as representatives from Nationwide and Family Building Societies were joined by The Money and Pensions Service and the Financial inclusion Centre. The result was a vital debate on whether or not technology opens a door to greater financial inclusion.

The session brought to light the role building societies have traditionally played in building financial wellbeing, how they might harness innovation to further this goal, as well as some of the potential downsides of FinTech. Panellists whose expertise ranges from inclusion, to public policy, to product design, came to an agreement that technology must be made to work for good, in order for its many benefits to be felt equally across society.

Below you can watch the full recording of this fascinating session, featuring:

  • Gareth McNab, Social Innovation Lead, Nationwide Building Society
  • Michael Royce, Senior Policy & Propositions Manager, The Money & Pensions Service
  • Mick McAteer, Founder and Co-Director, The Financial Inclusion Centre
  • Patrick Muir, Vice Chairman, Family Building Society
  • Moderator: Marloes Nicholls, Head of Programmes, The Finance Innovation Lab

  • Tweet
  • Share 0
  • Reddit
  • +1
  • Pocket
  • LinkedIn 0

Tagged under: #FTT20Virtual, #FTTBuildingSocieties2020, financial inclusion, Financial Wellness, fintech, Splash, Technology

Recent Posts

  • Names, nostalgia and FinTech – FTT Bookmark Issue 5

    Whether you live by your Twitter lists, save yo...
  • The journey to open collaboration – FTT Chat ep 47

    Christophe Langlois, Global Marketing Lead, Fin...
  • A vision for digital ID in a post-pandemic world

    The pandemic has accelerated the trend for serv...
  • Advice to FinTechs: Find your business sponsor

    Navigating big organisations can be a daunting ...
  • Will the GameStop controversy lead to a new wave of regulations?

    The call for regulation is growing louder this ...

Insights, interviews & interesting stuff

SIGN UP

Learn more about our community & events

LEARN MORE

FTT21 - the ultimate FinTech Festival

GET INVOLVED
  • Tweet
  • Share 0
  • Reddit
  • +1
  • Pocket
  • LinkedIn 0

  • Home
  • Virtual Experiences
    • FTT Identity 2021
    • FTT Lending 3.0 2021
    • FTT Digital Builder 2021
    • Fintech Talents North America 2021
    • Fintech Talents UK & EU 2021
    • FTT Building Societies 2021
    • Fintech Talents Nordics 2021
    • FTT Open Finance 2021
  • Hybrid Festivals
    • Fintech Talents London 2021
  • On-demand Content
    • Interviews
    • Opinion
    • Videos
    • Digital reports
  • VC INNOVATIONS – Accelerated Marketing
  • facebook
  • linkedin
  • youtube
  • twitter

GET IN TOUCH

T 0208 0045 517
Email: info@vcinnovations.co.uk

VC INNOVATIONS
21 Bloomsbury Square, London, WC1A 2NS

Open in Google Maps

QUICK LINKS

  • Home
  • Partners
  • About
  • Insight
  • Contact Us
  • Register

Connect with us

  • facebook
  • linkedin
  • youtube
  • twitter

RECENT POSTS

  • Names, nostalgia and FinTech – FTT Bookmark Issue 5

    Whether you live by your Twitter lists, save yo...
  • The journey to open collaboration – FTT Chat ep 47

    Christophe Langlois, Global Marketing Lead, Fin...
  • A vision for digital ID in a post-pandemic world

    The pandemic has accelerated the trend for serv...
  • Privacy Policy
Fintech Talents

© FinTECHTalents 2021. All Rights Reserved.



TOP









This website uses cookies to give you the best experience. Agree by clicking the 'Accept' button. Read our Privacy Policy.