16 December 2019

HSBC offers homeless people bank accounts

Written By FinTech Alliance

HSBC offers homeless people bank accounts

HSBC is working with UK charities to support homeless people.

In Brief:

  • People without fixed addresses or photo ID will be able to open bank accounts.

  • This has been piloted in Liverpool and sill now be rolled out.

  • Charities involved include Shelter and Crisis.

What does this mean?

A key issue for homeless people in getting back on their feet is the lack of an address or ID to gain a bank account and other public services. HSBC is working with charities to deal with this exclusion, and has caseworkers for those interested in the service.

Read more here.

 

Up Next ...
02 May 2024

SafeBase secures $33mn in Series B

Revolutionising security reviews. In brief:SafeBase, a firm known for enabling friction-free security ...

02 May 2024

SumUp gets $1.6bn private credit loan

Looking to expand. In brief:- The private credit package will allow ...

02 May 2024

Tyl by NatWest teams up with FSB

Delivering cost-effective payment solutions for SMEs. In brief:- Tyl by NatWest, ...

01 May 2024

SME lender Capify raises £100mn

Funding from Pollen Street Capital. In brief:- Capify, an online SME ...

More in Financial Inclusion

Thales offers voice payment options

05 December 2022

Thales has released a voice payment card to support visually ...

PrinSIX’s new platform aims to boost financial inclusion

24 May 2022

FinTech Alliance company PrinSIX has unveiled its new Enterprise Platform.In ...

Tala raises $145mn for financial inclusion 

15 October 2021

FinTech Tala, which offers financial services to the underbanked, has ...

Posted By The Community

How HR teams and recruiters can help to tackle financial exclusion

15 September 2021

HR teams and recruitment professionals have a valuable role to play in tackling financial exclusion. Not only will this help to avoid losing both time and money on unbank...

Written By: Unizest

Articles Financial Inclusion

The fintech gender gap

12 June 2023

Can fintech close the gender gap in access to financial services? Using novel survey data for 28 cou...

White Papers Financial Inclusion

Inclusive FinTech 50 White Paper

13 December 2022

Fintech investment is booming. In 2018, a record USD 111.8 billion was invested in fintech, and the...

Articles Financial Inclusion

Women in the C-suite Growth in emerging leadership roles creates new opportunities in financial services

13 May 2020

THE composition of today’s C-suite across industries is markedly different than it was a...

Articles Financial Inclusion

Fintech is Driving Financial Inclusion

09 September 2019

While much of the discourse revolving around innovation in financial services address specific secto...

There are no Events in this category