Podcast
29 min

What role can fintechs play in tackling the wealth gap and inequality?

About this Episode

This episode continues our discussion around financial inclusion. While wealth gaps and inequality are dividers when it comes to income and financial stability, it is sometimes harder to see change when looking at these problems in developed countries. This episode explores key areas of inequality, including bias based on gender and ethnic background, and looks at how fintech can help tackle this issue. We also cover the importance of financial education for young people as a way to spark change.

Participants

Helen Driver
Helen is the Founder of Moneyready, an online financial education platform for children, and former Equity Fund Manager.
Anthony Morrow
OpenMoney was founded in 2016, but the story of the company began long before that. During Anthony's career in finance, he has helped to fuel the growth of businesses, played a role in a dynamic market, participated in the accumulation of wealth and experienced the exhilaration of making the most of customers’ assets. Working as a consultant for such financial giants as KPMG and Deloitte gave Anthony a broad view of the industry landscape before co-founding Tatton Asset Management plc (formerly Paradigm Group). Anthony launched OpenMoney and made it his mission to make financial advice available for everyone. His substantial experience in the sector helped him identify the ‘advice gap’, which OpenMoney is here to close.
Renée Sattiewhite
Renée Sattiewhite is the President and CEO of the African-American Credit Union Coalition (AACUC) and is responsible for the execution of the strategic vision of the Board of Directors. With over 30 years in the world of finance, she started her career as a Teller Trainee for City National Bank in Beverly Hills, California. She quickly moved up the ranks with various positions including Bank Officer. She has been associated with credit unions for over 25 years and was the first Internship Program Director for the AACUC. Renee’s background is in training and marketing, specializing in Customer Service, Effective Communication, Board Development, Team Building and Strategic Planning. Renée is a former Instructor for Spelman College’s Continuing Education Department, a Facilitator for United Way of Greater Atlanta’s VIP Board Development Program and a graduate of Oglethorpe University with a B.A. in Communications. She is credited for giving organizations a “new look” in the areas of customer satisfaction, employee relations, and marketing materials. Renée is a certified diversity professional, a credit union development educator, motivational speaker, an executive coach, mentoring trainer and assists organizations with marketing campaigns.

About the show

Open Finance is a podcast series that explores how financial services is opening up to collaboration, innovation and society. Each episode focuses on a critical question as open APIs, platforms and technology make the industry accessible to customers, fintechs and big tech like never before.

Produced by Finastra, each episode brings guests with diverse viewpoints together to discuss the changes needed to make the future of finance open.

Join the conversation on LinkedIn and Twitter at @FinastraFS with the hashtag #OpenFinance.