Young people design safer digital finance for their generation

Since last year, #AspenLatinos has gathered experts from finance, policy, advocacy, and philanthropy to explore the transformative power of digital remittances through a series of roundtables and panels. Our discussions have centered on innovative, people-first solutions and strategic partnerships to build culturally responsive and accessible financial systems. Today, we are proud to share the 𝗔𝘀𝗽𝗲𝗻 𝗣𝗿𝗶𝗻𝗰𝗶𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗥𝗲𝗺𝗶𝘁𝘁𝗮𝗻𝗰𝗲𝘀 — a framework of actionable guidelines designed to: ✔️ Expand financial access ✔️ Empower consumers ✔️ Strengthen remittance systems in the U.S. and beyond These principles address the key challenges facing remittance users today and provide a roadmap for policymakers, financial institutions, service providers, and community organizations to create a more transparent and responsive ecosystem. 👉 Learn more about each principle here: https://lnkd.in/euBMk4ss The Aspen Institute Prudential Financial Mastercard Center for Inclusive Growth

Technology Is Redefining Financial Inclusion Financial services in the US are more inclusive today than at any point in history. The driver is policy+technology. Digital tools have made education, accessibility, and affordability possible for groups that were once locked out. A few shifts stand out: Access: Smartphones and broadband give millions the ability to open accounts, manage savings, or invest for the first time. Education: Digital delivery helps scale financial literacy, something the industry often overlooked. Pew reports 82% of adults with broadband engage in self-learning. Affordability: Technology lowers transaction costs, opening markets once reserved for the wealthy to everyday investors. Trust: Data shows underrepresented groups often trust tech more than traditional institutions—reinforcing the importance of digital-first models. The cost of not investing in this is massive. The US National Financial Educators Council estimates lack of financial literacy cost Americans $388B in 2023. At WIL, we believe financial inclusion is also a business opportunity. Digital infrastructure, AI-driven education, and scalable platforms give financial institutions a way to reach, educate, and serve at scale. The real question isn’t whether inclusion is possible, it’s how quickly we can embed it into the financial system’s core. DM me if you’d like to see how we’re building financial tech frameworks that combine scale, compliance, and accessibility. #FinancialInclusion #FinTech #DigitalTransformation #BankingInnovation #AIinFinance #FinancialLiteracy #WealthTech #FutureOfFinance #DigitalBanking #TechForGood #FinancialServices #Innovation

🚨 New drop: The Miseducation of Financial Technology — Track 3 🚨 🎶 Owning the Rails Black and Brown communities aren’t just using fintech. They’re ready to own the rails that power it. For too long, the conversation has centered on persuading legacy institutions to serve overlooked communities. But history shows us: when underestimated people lead, the world has to catch up. This track explores what it means to move beyond being end-users and workforce employees — into becoming the builders of regenerative systems of ownership and trust. 👉🏾Read Track 3 here: https://lnkd.in/eJ5BJjar #Fintech #FinancialInclusion #HBCUs #Innovation #CommunityFinance

#Data reveals the transformational power of digital technology in financial inclusion worldwide! The World Bank's Global Findex Database 2025 presents compelling evidence: 79% of adults globally now have a financial account, up from 51% in 2011, fueled largely by mobile money in regions like Sub-Saharan Africa and Latin America. Mobile phones, owned by 86% of adults, have become pivotal access points for digital financial services, sparking significant growth in formal savings, digital payments, and narrowing gender gaps in account ownership. This dataset underscores how connectivity and digital tools systematically break down barriers to financial access, empowering individuals economically and driving resilience. Yet, the data also highlights ongoing challenges: 1.3 billion adults remain unbanked, and financial resilience is yet to reach a majority in low- and middle-income economies. These insights illustrate the critical role of data in identifying progress and pinpointing where efforts must focus next. For anyone in data, fintech, or policy roles, this report is an essential roadmap to accelerating inclusive growth through digital innovation. #DataScience #FinancialInclusion #MobileMoney #DigitalTransformation #GlobalFindex2025 #EconomicEmpowerment #DigitalEconom

Industries like fintech are full of buzzwords, acronyms, and technical terms, making it feel daunting to those just starting out… The truth? A few months ago, some of us hadn’t heard of them either. Fintech 101 will unpack these terms, put them into context, and point you to the wider industry discussion and a range of accessible resources! Through this series, we hope to make the industry more approachable and accessible for students and young professionals ready to dive in, spark conversations, and build their own pathway! Stay tuned for our weekly posts – your fintech dictionary 🏦📚🌟 Co-Labs Global #youthcommunity #fintech #fintech101 #education #financialservices

🌍 What if everyone had equal access to the tools to build a better financial future? 💳✨Our new post “A Guide to Financial Inclusion” dives deep into how fintech is closing the gap, empowering underserved communities, and making financial systems truly for everyone. 🔥 From mobile banking to microfinance, this guide explores real initiatives transforming access to money worldwide and what still stands in the way. 🔗 Read the full piece here: https://lnkd.in/dXTsHv67 #FinancialInclusion #FintechForGood #DigitalBanking #Microfinance #FinancialLiteracy #Inclusion #ImpactFintech #GlobalFintechMarket

Big Issue, a Citi Foundation grantee in the UK, is working at the intersection of financial and digital inclusion to help its communities achieve greater economic progress. Through its programming, the organization has provided guidance for digital skills, issued smartphones and data plans for digital access and helped address other financial challenges such as setting up bank accounts. Read more about the Big Issue Group and its efforts here: https://on.citi/3KA1P6R

Most trading apps let users set only one price alert per stock — but investors often need two: one for when to buy (entry point) and another for when to sell (profit target). A Dual-Target Alert system could let users create both alerts, label them (“Buy target”, “Sell target”), and track them in one dashboard. It would make investing more disciplined, educational, and user-friendly — especially for beginners and behavioral-finance learners. What do you think? Should stock apps include this kind of feature? Nordnet Bank AB #Fintech #Investing #Innovation #BehavioralFinance #Nordnet #Avanza #OPFinancialGroup

Very insightful article on Gen Z and their outlook towards “Money.” Savings and Investing – Two Different Skills • Savings build discipline and provide a safety net. • Investments build wealth and enable long-term growth. Both are essential, and for Gen Z, mastering them is key to financial independence. The real need today is customer empowerment, not just acquisition. Banks, fintechs, and regulators must go beyond onboarding to provide knowledge, transparent products, and user-friendly tools. 📊 Survey Highlights: • Gen Z is actively budgeting, saving, and preparing for emergencies. • They value digital financial services with strong data privacy. • 54% rely on influencers/social media for financial guidance, often bypassing family advice. • Confidence gaps remain: many don’t feel fully secure navigating financial products. • Simplified onboarding, trust-building, and credible financial literacy are critical. 👉 The opportunity lies in helping Gen Z transition from being disciplined savers to becoming empowered, confident investors who can shape their financial future. #GenZFinance #FinancialLiteracy #InvestingSmart #MoneyMatters

💥 Fintech's breaking records every week, but skimming headlines = you’re already behind. 𝟵𝟬% 𝗼𝗳 𝘄𝗵𝗮𝘁 𝗰𝗹𝗼𝗴𝘀 𝘆𝗼𝘂𝗿 𝗳𝗲𝗲𝗱 𝗶𝘀 𝗻𝗼𝗶𝘀𝗲. The real stories—the ones shaping regulation, valuations, and the future of money—get buried. 𝗦𝗲𝗲𝗸𝗶𝗻𝗴 𝘀𝗶𝗴𝗻𝗮𝗹 > 𝗻𝗼𝗶𝘀𝗲? Introducing #FIN10: the 10 fintech power moves you can’t afford to miss. All part of my weekly newsletter, #TheWorldThisWeek. 🔔 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲👇🏽 https://lnkd.in/gjJM3sDS Because the future of money is being written in boardrooms, protocols, and courtrooms — not in recycled LinkedIn posts. Each week, you'll get: – Non-obvious insights into finance and tech shifts – 10 most important fintech stories, with context – Takeaways you can actually apply to gain power and find purpose. 𝘐𝘯𝘷𝘦𝘴𝘵 𝘧𝘪𝘷𝘦 𝘮𝘪𝘯𝘶𝘵𝘦𝘴 𝘢 𝘸𝘦𝘦𝘬, 𝘺𝘰𝘶’𝘭𝘭 𝘬𝘯𝘰𝘸 𝘸𝘩𝘢𝘵 𝘢𝘤𝘵𝘶𝘢𝘭𝘭𝘺 𝘮𝘢𝘵𝘵𝘦𝘳𝘴 — 𝘢𝘯𝘥 𝘸𝘩𝘺.