Below is a summary of the events hosted and facilitated by the Community Investment Coalition.
Can innovation in financial services tackle financial exclusion – a Community Investment Coalition discussion roundtable.
The financial services sector is facing rapid change. New technology and differing consumer expectations are creating demand for financial services that are tailored to individual needs and delivered in different ways. This is creating real opportunity for new entrants to the sector who are revolutionising the quality, range and accessibility of services. The long established retail banks are struggling to keep up and remain relevant, especially to younger consumers. Changes to the market have potential to increase accessibility to appropriate financial services for all consumers. But are poorer consumers, yet again, being left behind?
This event was held on Monday 20 April 2015. You can read the summary of the event here.
Tackling Financial Exclusion: Data Disclosure and Area-Based Lending – Launch event at Coventry University.
The Community Investment Coalition, alongside research partners Citi, Unity Trust Bank and Big Society Capital commissioned Coventry and Newcastle Universities to look at aggregated postcode lending data for the UK’s seven major lenders. The research aimed to provide a more comprehensive picture of financial exclusion across the UK and so support new and innovative financial partnerships in targeting ‘credit deserts’ and the market failure that underpin them.
This second launch event was held at the Jaguar Building of Coventry University on 29 January 2015, and provided the opportunity for individuals and organisations committed to tackling financial exclusion to learn more about the research’s findings.
The future of data disclosure in Britain – a Community Investment Coalition roundtable.
On 20 March 2014, the Community Investment Coalition held a discussion roundtable: The future of data disclosure in Britain. This brought together stakeholders from academia, local government and the private sector to discuss the bank lending data – published for the first time in January 2014 – what it tells us, and how we can use it and what more data we need to get an accurate picture of how well served all communities are in terms of access to fair and affordable financial products.
You can find all of the resources related to data disclosure in Britain here.
Tackling Britain’s high cost credit problem.
On 25 February 2013, ‘Tackling Britain’s high cost credit problem’ provided an opportunity to debate what more needs to be done to tackle the rise of high cost lenders, including the payday lending industry, and how to provide low income communities with access to affordable credit.
The conference took place at the America Square Conference Centre in London and was organised by the Centre for Social and Economic and Social Inclusion (CESI), with support from CDF. Both organisations are part of the Community Investment Coalition.
From the margins to the mainstream: scaling community investment in the UK.
On Friday 25 January 2013, the Community Investment Coalition’s international summit launched two research reports, one from the New Economics Foundation and another, the Community Development Finance Association (now re-branded as Responsible Finance), sponsored by the Royal Bank of Scotland (RBS). The event was attended by over 80 people from the community investment sector, government and the banking and financial advice industries, who helped to design a new vision for fair finance. Speakers included Mark Pinsky, President and Chief Executive Officer of Opportunity Finance Network and Ed Mayo, Secretary General of Co-operatives UK.
Video recordings of all the sessions are now avaliable. To view, follow the links below:
- Overview of Community Investment Coalition Summit 2013
- Welcome to the Community Investment Coalition Summit
- Session 1: The state of the sector and the scale of the challenge
- Session 2: What does this mean for the sector?
- Session 3: An international perspective from the USA
The summit was funded by: