Data for Inclusion
We are working across the financial services ecosystem from incumbents to Fintechs at various stages of business lifecycle.
Our aim is to bring together these players through different forums where they can share the best practices on leveraging varied data along with advancements in the field of data science and Gen AI to drive financial inclusion.
One of the key areas of our work centers around AI and how it can improve people’s financial lives including those traditionally underserved. The proliferation of AI highlights the need for collaboration amongst established and newer entrants to ensure that the potential disruptive changes are a positive one for everyday citizens.
Incumbent financial services players such as banks and bureaus are perceived as representing the entrenched systems that benefit the few. Advancements in data science and AI present an opportunity for change. Fintech players have gotten a lot of traction amongst consumers and businesses by making it convenient to access certain financial services, but broader access to plethora of financial services including sophisticated financial products that can enable wealth creation is still an issue that remains unsolved.
Data for Inclusion project through our “Money & Mission” series is challenging long held assumptions that perpetuate this cycle thereby breaking down barriers for all. In this series, we have fintech decision makers and industry experts share their problems and solutions in the areas of AI, alternative data, digital identity leading to better access to financial services for individuals and businesses while prudently managing risk, privacy, data and bias concerns.
We invite you to be a part of this initiative and showcase the work you and your organization are doing. Whether you are an established Fintech or a start-up or a scale-up, just write to us and we will get back to you.