Member Login | Become a Member
Innovative Payments Association
  • About Us
    • Our Team
    • IPA Board of Directors
    • Our Members
    • Sponsorship
    • Contact
  • News & Events
    • Calendar
    • Newsroom
  • Podcast
  • Blog
  • Membership
    • Member Directory
    • Membership Application
    • Member Login
  • Member Resources
    • FCTF
    • GRWG
    • Government Update
    • State Legislative Tracker
    • Financial Crimes Investigators
    • Glossary & Resources
  • Advocacy
    • CFPB
    • Covid Response
    • Durbin Amendment
    • Earned Wage Access
    • FDIC & OCC
    • Fees
    • Payroll Cards
    • Privacy Legislation
    • Prepaid Rule Litigation
    • Reg E
    • Unclaimed Property
  • IPC 2023
    • Agenda
    • FAQ
    • Sponsorship Opportunities
    • Hotel & Travel
    • 2023 Maher Award
  • About Us
    • Our Team
    • IPA Board of Directors
    • Our Members
    • Sponsorship
    • Contact
  • News & Events
    • Calendar
    • Newsroom
  • Podcast
  • Blog
  • Membership
    • Member Directory
    • Membership Application
    • Member Login
  • Member Resources
    • FCTF
    • GRWG
    • Government Update
    • State Legislative Tracker
    • Financial Crimes Investigators
    • Glossary & Resources
  • Advocacy
    • CFPB
    • Covid Response
    • Durbin Amendment
    • Earned Wage Access
    • FDIC & OCC
    • Fees
    • Payroll Cards
    • Privacy Legislation
    • Prepaid Rule Litigation
    • Reg E
    • Unclaimed Property
  • IPC 2023
    • Agenda
    • FAQ
    • Sponsorship Opportunities
    • Hotel & Travel
    • 2023 Maher Award

Blog

Racial Equity in Financial Services

1/12/2021

 
​The IPA is pleased to announce that the W.K. Kellogg Foundation (WKKF) and the global management consulting firm McKinsey & Company will be featured presenters at this year’s Innovative Payments Conference in April.  During their presentation, representatives from the Kellogg Foundation and McKinsey will lead an in depth discussion focused on a recent article the two organizations co-authored entitled, “Racial Equity in Financial Services,” which was published in September 2020.  
 
In brief, the report makes the case that due to America’s evolving demographics, companies with “a diverse executive team, board, or both” directly  “correlates with higher profitability” and overall better business outcomes. The research examines the experiences of people of color in the financial services sector and explores the critical issues of representation, promotion, and directive versus supportive roles for people of color in the financial services sector. The report concludes with a call to action for leaders to advance racial equity to drive better business performance
 
Accordingly, a part of their conference session will feature a new program led by the Kellogg Foundation. The program, called Expanding Equity, is for companies that want to take strategic, measurable and clear steps toward advancing racial equity in their organizations. The foundation is currently recruiting companies for a Financial Services cohort and invites IPA members who are interested to participate. In brief, the program is designed for companies at any stage of their diversity, equity and inclusion work and offered at no cost to participating companies. 
 
The Expanding Equity program offers dozens of specific equity initiatives for financial services companies; a confidential, company-specific analysis on your starting point, referenced against broader industry performance; and a series of workshops that offer the tools, knowledge and human-centered approaches for cultivating workplaces that attract, develop, retain and promote diverse talent. You can learn more at www.expandingequity.com. 
 
The first cohort, convened over the last 9 months, focused on financial services companies and was extremely successful. Participants agreed that the program helped them develop concrete steps to take to build a more racially equitable workplace. Accordingly, all cohort participants have changed the way in which they recruit diverse talent, and have installed meaningful initiatives to improve the experiences of employees of color throughout their journey in the companies.  
 
As Expanding Equity recruits its second cohort of financial services businesses, I encourage you to consider participating.  Please email ExpandingEquity@wkkf.org, or Brian Tate if you are interested in learning more.


Asset Management Companies in UAE link
3/21/2022 08:55:02 am

Endemaj aspires to cultivate the evolving technological landscape by streamlining capital, thinking outside the box,and growing value on the back of our legal and financial expertise. <a href="http://endemajfunds.com/ "> Asset Management Companies in dubai</a> As an investment house in Dubai, we look to identify and grow visionary ideas that have the potential to create a positive impact on a global scale.We are for the ambitious, the visionaries, the thinkers, the innovators.<a href="http://endemajfunds.com/ "> Investment services in UAE</a>


Comments are closed.

    Author

    Write something about yourself. No need to be fancy, just an overview.

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018

    Categories

    All
    Member Profiles
    Podcast
    Power Of Prepaid
    Prepaid
    Small Business
    Webinar

    RSS Feed

Home
​​About Us
Advocacy
Newsroom​
IPA News & Events
Payments Podcast
Blog​
​Events


Innovative Payments Conference
​Sponsorship Opportunities
FAQ

​Contact Us
© COPYRIGHT 2023 ALL RIGHTS RESERVED.