Research Paper

The Case for a Global Financial Health Platform

How might a platform resource catalyze private financial sector action on worldwide financial health?

Friday, November 4, 2022
The Case for a Global Financial Health Platform

Overview

As financial services providers worldwide explore the concept of financial health, they are increasingly acknowledging their responsibilities to customers and the business case for adopting a financial health-based strategy. With the support of the Mastercard Center for Inclusive Growth and with advice and assistance from the Office of the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA), the Financial Health Network conducted a wide-ranging feasibility study to assess how financial services providers across the globe are engaging with financial health, what kind of support they need to deepen their engagement, and how best to structure a platform to help them do so.

Key Takeaways

  1. Strong interest exists in connecting institutions to explore how to support consumer financial health.Organizations are excited about financial health, and they want to go deeper and share learnings with others.
  2. Financial institutions that are newer to financial health are interested in learning more.Many institutions are interested in bringing financial health into core operations, but availability of guiding resources is currently limited.
  3. A practical knowledge base is necessary for more institutions to embrace financial health.Building a knowledge base would help align practitioners and aid development of tools that support the implementation of financial health practices.

Our Partners

This report was developed with support from the Mastercard Center for Inclusive Growth and with advice and assistance from the Office of the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA). The insights and opinions expressed in this report are those of the Financial Health Network and do not necessarily represent the views or opinions of our funders and supporters.

Written by

  • Brenton Peck
    Director, Financial Services Solutions
    万博电竞怎么玩
  • Elisabeth Rhyne
    Senior Advisor
    Office of the United Nations Secretary-General's Special Advocate for Inclusive Finance for Development
  • Trey Waters
    Senior Manager, Financial Services Solutions
    万博电竞怎么玩

The Case for a Global Financial Health Platform

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