DBS Foundation’s Post

Thanks to Ron Delnevo for featuring Cash Perks in the latest edition of FF News | Fintech Finance It was great to speak about the growing evidence around 'cash-first' responses to addressing financial hardship and highlighting how our #techforgood solution is enabling Councils, charities and other community organisations to overcome the challenges of getting emergency cash support straight to those in most need. You can read the online article - 'Counting the Cost' here - https://lnkd.in/eJvc2X7r #cashisking #cash #cashpayments #atmindustry #ATM #digitalinnovation #payments #paymentsolutions #financialinclusion #financialservices #fintech #fintechnews #fintechstartup #fintechinnovation #technologyforgood #techforgood #localgovernment #localauthority #localgov #councils #foodpoverty #foodaid #socialimpact #socialvalue #socialinnovation #fuelpoverty #costoflivingcrisis #costofliving

Do you support mental health and recovery programs in our/your community? If so, you should consider supporting Wellbeing Initiative, Inc and their peer to peer support model as we approach #G2LD (Give to Lincoln Day all thru May)...here are 3 reasons why that is important: 1) Recovery and mental wellbeing programs are vital to the success and growth of our community. Wellbeing specifically ensures that NO ONE will be denied assistance for lack of insurance or financial capacity...period! 2) Wellbeing Initiative, Inc is built on the peer to peer support model. This means folks helping folks who have lived experience, who have been thru recovery, and who are best equipped to bring about successful recovery and help set good expectations for those just beginning their journey to mental wellbeing. 3) The peer to peer support model ensures those leading the recovery journey have lived experience and in most cases, provides another pathway to career development & enhancement for those recovery specialists. So, please consider Wellbeing Initiative, Inc for the upcoming #G2LD event, because your support counts and every dollar donated matters! #wbi #recoveryhappenshere #peer2peersupport #wellbeing #mentalhealth #G2LD

As the cost-of-living crisis continues, millions of households in the UK are facing a devastating debt crisis.  The situation has driven millions to resort to unsecured lending as a last way to cover bills and essentials. Recognising the urgency of the situation, organisations such as charities, housing associations and local authorities are using data to gain a comprehensive understanding of an individual’s financial situation and resilience in the face of mounting financial pressures – so that they can identify and provide support to those who need it most.    Sentinel's Single View of Debt accelerator helps organisations with a 360 view of a person’s circumstances, to better understand the help and support they need, and to deliver a tailored response.   To learn more, drop us a line today 👉 https://lnkd.in/epdYSGw5   #housingsector #housing #singleview #vulnerablecustomer #datatransformation #360view #sentinelpartners #localauthorities #data 

Community Development Finance Institutions (CDFIs) have turned ripples of finance into waves of change for businesses and social enterprises across the UK. They provided opportunity and built resilience for disadvantaged communities and those excluded from mainstream finance. In 2023, their lending hit a record high of £287 million: CDFIs now operate at 31 times the scale they did in 2003, when the sector lent £9.2 million. Their achievements reflect their ability to fill widening needs for the right finance at the right time. Here’s what CDFIs achieved in 2023: 🤝 Supported 4,546 start-ups and SMEs with £102m of loans. 💼 12,135 jobs were created or safeguarded.  ⭐️ 371 social enterprises were supported with £119m of loans. Read more about CDFIs’ impact, plus lots of customer stories in Responsible Finance's latest impact report, out today: 👇 https://lnkd.in/eWSFydQ2 #RipplesToWaves #ResponsibleFinance #CDFIs #SocInv #SocEnt #Charity #Funding #Investment #SocialInvestment #HeritageImpactFund

The Circle Fund 2020-2023: Small Sums Make Big Change impact report shines a light on the latest issues now facing victims and survivors, from the legacy of COVID-19 and the cost-of-living crisis to a lack of access to funds for society’s most vulnerable. Learn more about the Circle fund and the partnership between SafeLives and NatWest Group: https://ow.ly/utfo50QtxgH #SmallSumsMakeBigChange #TheCircleFund

🚀𝗖𝗮𝗹𝗹𝗶𝗻𝗴 𝗔𝗹𝗹 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗮𝗻𝗱 𝗗𝗲𝗯𝘁 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘀! 𝗬𝗼𝘂𝗿 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗔𝗿𝗲 𝗡𝗲𝗲𝗱𝗲𝗱!🚀 Mid-market businesses are vital to the economic health of Australia and New Zealand, yet they often struggle to access traditional bank financing. At GCI, we specialise in providing private credit to businesses unable to secure traditional bank loans, offering innovative solutions for transactions between $5 million and $50 million. We invite you to participate in our anonymous survey aimed at understanding the challenges faced in the mid-market sector and how we can better meet your needs. The survey is brief and will take no more than 5 minutes to complete. Your responses will remain confidential and will contribute to an anonymised report, which we will make available via LinkedIn. 🔗 Complete the Survey Here: https://lnkd.in/gAR3eMe5 To show our appreciation, for every survey response received, GCI will donate $100 (up to $5,000) to Big Brothers Big Sisters of Australia, supporting their Young Achievers Programme. This programme benefits young people in Years 10 to 12 and their first year of university, providing them with mentors to help them reach their full potential. Thank you for your time and valuable insights. If you have any questions or would like to discuss our funding solutions, please feel free to reach out. #GCI #transformationalcredit #assetbackedfinance #NonBankLenders #privatedebt #privatecredit #realestate #strategiccapital #scaleupfinance #resourcesandrenewables

Financial Literacy Month 2023 #Canada Theme: Managing Your Money in a Changing World Source: canada.ca November is Financial Literacy Month. During Financial Literacy Month, the Financial Consumer Agency of Canada (FCAC) engages with Canadians and works together with organizations from the private, public, and non-profit sectors to help strengthen the financial literacy of individuals and families and build their financial resilience. Throughout the month, organizations from across the country are encouraged to host events and share resources aimed at helping Canadians understand their finances and empowering them to: ➤ manage their money and debt wisely ➤ save for the future ➤ understand their financial rights...

This #InternationalWomensDay, we wanted to do something meaningful to celebrate and champion women. So we’re raising awareness of an important and frequently misunderstood issue: financial abuse. Our client Commonwealth Bank is committed to increasing understanding of financial abuse through the CommBank Next Chapter program, which has an ongoing partnership with Good Shepherd Australia New Zealand, Australia’s oldest NFP that supports women suffering from abuse and disadvantage. Today, our Sydney team was joined by a brilliant guest speaker in Jinny Olney, CommBank Senior Manager Partnerships, for a conversation with Brooke Le Poer Trench, content director and editor of Brighter magazine, to share some crucial information about financial abuse and what can be done to help prevent it. Affecting 1 in 6 Australian women, financial abuse occurs when someone uses money to gain power or control over a partner, leaving victims feeling like they are unable to leave unsafe situations due to their loss of financial independence. Women are particularly at risk of financial abuse after big life milestones where finances become blended, such as moving in together, getting married or having children. Our top 3 takeaways from Jinny’s talk: 1. Increasing financial literacy among all Australians is key to eradicating this kind of abuse. Financial literacy might seem like an intimidating concept if you’re someone who doesn’t feel “good with money” but it’s simply about having access and control over your finances and retaining enough independence that you can leave a situation if you stop feeling safe. 2. We need to normalise conversations about money. Personal finance can feel like a private topic not to be discussed openly with friends and family. But it’s important to destigmatise these conversations so we all feel comfortable talking about tricky financial issues when they arise. 3. If you feel that you or someone you love might be experiencing financial abuse, trust your instinct. Ask questions and offer support. Have check-ins with yourself and others to ensure you’re feeling in control of your finances and employment situation. Following the talk, we hosted a clothes sale to raise money for Good Shepherd, with lots of donated items from members of our team being sold to very happy new owners! Thank you to Jinny, and to all who donated clothing and money to such a great cause. #IWD

For those experiencing #DomesticAbuse the Circle Fund is reaching the most vulnerable, with what they need, when they need it. Our new impact report highlights how the fund, in partnership with NatWest Group helps support survivors in the right way, at the right time. Read more here: https://ow.ly/UgQj50Qu3am #SmallSumsMakeBigChange #TheCircleFund

Digital Poverty Alliance and Deloitte have reported that approximately 13-19 million people over the age of 16 are experiencing some form of digital poverty. We know that in order for communities to thrive digital access is essential. It's great to see that our colleagues at Virgin Money and Good Things Foundation have teamed up to run the National Databank Programme through banking hubs to help bridge the digital divide. https://lnkd.in/evMywNZ6