Tue, Dec 3, 2024 1:00 PM – 2:00 PM EDT
A transformative demographic shift is on the horizon for the United States. As baby boomers age and millennials establish themselves with their preferred financial services providers, new consumer populations—especially Gen Z and new-to-country individuals—are growing rapidly.
But as these populations attempt to use the financial system to build their lives—from applying for a car loan to getting approved for a new apartment to signing up for government benefits—they too often find themselves locked out of the modern economy.
Join us on Dec. 3 to hear from Joshua Linn, Senior Vice President of Product Management at Socure, and Christopher Miller, Emerging Payments Analyst at Javelin Strategy & Research.
What the Audience Will Learn:
- How vulnerable populations such as immigrants, minorities, and young adults are disproportionately affected by the lack of a financial footprint, exacerbating existing inequalities.
- How businesses can adapt their identity verification processes to include alternative data sources and sophisticated fraud detection mechanisms to mitigate risks associated with serving Digital Ghosts.
- How to design an onboarding flow that promotes inclusion with flexible options and considers cultural differences
The post From Ghosts to Customers: Transformative Approaches to Financial Inclusion appeared first on PaymentsJournal.
