Prose was recently featured in Fintech Interviews and Financial Tech Times, where Justin Belmont, CEO & Founder of Prose Media, shared valuable insights into how technology is driving transformative change in the fintech sector, particularly with inclusivity and transparency.
Here’s what Justin had to say:
Embrace technology to expand financial access to underserved communities.
Topic: Making financial tools accessible to underserved communities.
Quote: “If I could change one thing, it would be making financial tools and services more accessible to underserved communities, especially in areas with limited access to traditional banking. Fintech has the power to level the playing field, but right now, there’s still a barrier for a lot of people, whether it’s due to location, education, or income. My vision for a more inclusive future? Tech-driven solutions that bridge the gap, like mobile-first banking, financial literacy apps, and microloans that allow people to build credit and access services they’ve historically been shut out of. Easy-to-use, low-cost platforms could transform how people in underserved areas save, invest, and get financial advice. The goal is a future where no one gets left behind just because they’re outside the traditional financial system.”
You can read the full article here.
Use blockchain to increase transparency and eliminate greenwashing in impact investing.
Topic: Blockchain’s role in scaling impact investing.
Quote: “Impact investing’s biggest problem? A whole lotta greenwashing. Enter blockchain—the ultimate B.S. detector. Right now, too many companies slap an ESG label on something, and investors just have to take their word for it. But with blockchain, every dollar is trackable, every impact verifiable, no shady accounting. Take carbon credits. That market’s a mess: double-counting, fake offsets, a whole lot of hot air. But blockchain fixes that by making every credit traceable, so you know it’s legit. Companies like Toucan and KlimaDAO are already making it happen. Bottom line: when investors can see the real impact, trust goes up, and the money flows where it actually matters.”
You can read the full article here.
Why fintech's technological evolution matters and how to implement it
The fintech landscape is changing rapidly, with technology playing a key role in solving two major challenges: financial inclusion and trust in investments.
- Expand access through tech: Fintech has the potential to bridge gaps, offering underserved populations access to tools and services that were once out of reach. Tech-driven solutions, such as mobile-first banking and microloans, allow users to build credit and manage finances without needing access to traditional banking systems.
- Ensure transparency with blockchain: In the realm of impact investing, transparency is crucial. Blockchain is revolutionizing the space by ensuring that every financial transaction is traceable, making greenwashing a thing of the past. It offers a clear way to verify the legitimacy of carbon credits and other investments, ensuring that the money flows to initiatives that truly make an impact.
Bonus feature: Why technology’s role in inclusion and transparency matters
The future of fintech relies on making financial services more inclusive and transparent. As technology continues to evolve, it will break down barriers, making financial tools accessible to those who need them most and ensuring that investments align with real-world impacts.
- Inclusion through innovation: Fintech can open doors for individuals in underserved areas, allowing them to save, invest, and access financial advice without traditional banking infrastructure.
- Transparency and accountability: Blockchain is setting a new standard for transparency, giving investors the confidence they need to know that their funds are making a legitimate difference.
Ready to leverage technology for a more inclusive and transparent fintech future?
Prose helps fintech businesses navigate the digital landscape with solutions that prioritize inclusion and trust. Reach out today to discover how we can help you integrate technology to scale your impact and ensure long-term success.
