Brett King was at the Emerge Conference recently to talk about financial inclusion. In this new Breaking Banks podcast episode, he is joined by Marc Hochstein (editor-in-chief, American Banker), Arjan Shutte (CEO, Core Innovation Capital), Lisa Severn (professor of urban policy at The New School), Sasha Orloff (CEO, Lendup.com), and Ron Shevlin (author of Smarter Bank and Snarketing 2.0).
It’s difficult to build wealth without access to the financial system, but banking services have often been too expensive for the poor. As the saying goes, it’s expensive to be poor. Advocates for financial inclusion see financial technology as part of the answer to help people gain access, build wealth, and have a large array of services available at prices that don’t bleed them of their capital while they’re trying to save.
– This podcast is reproduced with kind permission. Some minor changes may have been made to the text to reflect BankNXT style considerations, but the podcast itself is always unchanged. You can find the original post here.