10 May 2023
As part of a continuing series, Finextra is reaching out to some innovative thinkers and organisations on the forefront of serving the unbanked, the underbanked, and others who have either been consciously excluded or have experienced barriers to entering the traditional banking system. It’s estimated that more than 150 million people are underban...
22 Mar 2023
In our first story in this series, we highlighted some of the accusations made toward banks that are publicly committing on one hand to be sustainable; environmentally, socially, and in their governance policies and operations, yet are still actively lending to fossil fuel or other nonrenewable resource companies as customers. Many of the world’s...
15 Mar 2023
Critics say carbon commitments don’t match lending policies. There are stiff breezes swirling around corporate sustainability, and it’s starting to erode the tough armour of larger financial institutions across the globe. They’re trying to showcase their dedication to diversity, equity, and inclusion, and they’re actively managing all sorts of ris...
13 Mar 2023
When Silicon Valley Bank (SVB) failed last week, a 40-year legacy born in the innovation and optimism of its namesake Northern California birthplace died with it. Now that the nearly $200 Billion deposit institution – which according to many analysts may have banked more than 50% of all tech companies at some point in their existence – is gone, wh...