What’s a Buzzword That’s Not Being Used Enough?

Buzzwords are the corporate world’s way of adding linguistic seasoning, sometimes it seems like a Michelin-starred strategy session.

A sprinkling of “synergy” here and a dash of “low hanging fruit” there, buzzwords can almost be comparable to coriander; they can add zest to the conversation, but over-egg it and buzzwords can be overwhelmingly off putting.

At the FTT Payments conference in etc.venues 155 Bishopsgate, we previously spoke to a wide range of attendees where we asked why the FTT Payments conference is different from the rest and this time we’re asking what buzzword isn’t used enough.

The meaning of financial inclusion is to ensure that all individuals, regardless of their background, income, gender  have access to useful and affordable financial products and services – such as transactions, payments, savings, credit and insurance that are delivered in a responsible and sustainable way.

Despite the importance of financial inclusion, lack of widespread awareness and understanding, results in fewer discussions being held compared to the topics that directly generate money.

One such financial inclusion project is Project Nemo, a 12 month initiative spearheaded by disability inclusion champion and fintech industry leader Joanne Dewar. Project Nemo’s aim is to better serve the UK’s largest minority and accelerate disability inclusion efforts and goal is to create a lasting legacy of continual progress towards a more inclusivity within the fintech industry and its services.

Providing access and affordable banking services is essential for integrating unbanked and underbanked individuals into the formal financial system. By offering no-frills savings accounts and low-cost transaction accounts, financial inclusion can be achieved at the grassroots level.

This approach not only encourages financial saving but also enhances both conceptual and physical financial security.

People are the backbone of the fintech industry, and keeping in mind that fintech is borderless this means that the FinTech workforce is made up of a diverse range of people, which offers the opportunity to work and learn from each other – all over the world.

FinTech leaders and CEOs are inherently disruptive in the most positive sense, driving innovation and transformation within the industry. For those working in FinTech companies, this environment offers the opportunity to grow alongside the company, drawing inspiration from highly innovative leaders and thinkers. This dynamic sector allows real people to contribute to changing how the world manages money, conducts transactions and paves the way for innovation; shifting perceptions away from traditional banking methods towards a more visionary future.