2023 Financial Service Provider Forum - Resources

GS230202 Fixing Finance for women_LinkedIn(1)

#FixingFinanceForWomen #BackHerBrilliance #WomensFinancialInclusion #EconomicSecuirty #WomensEconomicSecurity

Who attended the forum…..

What an incredible gathering!

We kicked off with a beautiful Acknowledgement of Country by CEO & Founder of Chocolate on Purpose, Fiona Harrison, a proud Wiradyuri Woman.

How exciting to see such a diverse array of representation from across the finance sector ecosystem. Thank you to all our wonderful speakers and panels and especially to our Sisters for sharing their stories of engaging with the finance sector as micro business owners, and their insights as to how we can fix finance for women in micro business.

Organisations regulating or delivering services today increasingly find themselves on the frontline of delivering social services, due to the intimate role they play in the lives of citizens and users. Growing demands for safety and inclusion challenge everyone to transition their thinking from pursuing ‘narrow’ to ‘enlightened’ self-interest. Take a moment to click here and read ‘Embracing enlightened self-interest’.

CommBank
Westpac
NAB
ANZ
Suncorp Group
AMP Bank
Women in Banking & Finance
Super Consumers Australia
Per Capita
Centre for Women’s Economic Security (CWES)
WISR
HNRY
WHIN
Purposeful Capital
Funding4Growth Incubator
Minderoo
Flequity Ventures
Impact Seed
Amali Capital
SBE Australia
Coralus
LIFT Women
AMP Foundation
Paul Ramsay Foundation
Ecstra Foundation
Australian Financial Complaints Authority (AFCA)
Australian Small Business and Family Enterprise Ombudsman (ASBFEO)
Impaqt Queensland
Queensland Government
Office of the Chief Entrepreneur
Department of Social Services (DSS)

Smart Precinct North Queensland
THE Rural Woman
Arise Foundation
Grameen Australia
Australian Retail Credit Association
International Women’s Federation of Commerce and Industry
UFS
Financially Empowered
Murawin
Advisory Board Centre
CFO Worx
KoziLabs
Kooyong Group
The Flow Society
Zinn & Co
Dent and Co
Kirrah+Co
Zebra Research Pty Ltd
EY
McKinsey & Company
Finucane Consulting
Bright Pilots
Poetic Thinking

Forum Playlist

Global Sisters Financial Services Provider Forum-Panel1

Global Sisters Financial Services Provider Forum-Panel3a

Global Sisters Financial Services Provider Forum-Panel2

Global Sisters Financial Services Provider Forum-Panel3b

Ben Crothers Bright Pilots

#ListenToHer

Customer needs are not always adequately reflected in the existing product landscape. This is especially the case with emerging customer cohorts such as micro business, specifically women in micro business.

#ListenToHer is a critical foundational aspect to designing with women in micro business in mind.

What will it really take to innovate and integrate the right mix of financing offerings for a seamless financing pathway for start up and early stage micro business growth?

Statistics (Coming soon)
Lived Experience Quotes (Coming soon)
Case Studies (Coming soon)
Our Impact

Related Research

Click the links below to access key reports and related research that were referenced during the forum:

Global Sisters
– Women’s Economic Security Pathways Program
– ListenToHer – Making invisible things visible (coming end of May)

ASBFEO
– ASBFEO Women Owned Women Led Business Survey, 2021

AFCA
– Systemic issues at AFCA Quarters 1&2 FY23

CWES
– Design to Disrupt – Reimagining banking products to improve financial safety
– Supporting Women’s Financial Safety A Guide to Prevention and Action on Financial Abuse within the Financial Service Sector
– Support my economic safety A guide for organisations thinking about how to address economic abuse

Other Reading
– Finding your inner circle as a female entrepreneur
– For Female Founders, Fundraising Only from Female VCs Comes at a Cost
– Supporting female jobs is critical to breaking economic inequality

LIVE Partnership Opportunities for Collective Success –
Fixing finance for women in micro business ‘together’!

The forum might have wrapped up for 2023, but this is not the end of our journey together.

We all have our individual goals, and the goals of our individual organisations, but we’re interested in the goals that are good for HER as well as good for your organisation. Together, we are the financial services ecosystem that women need to have positive experiences engaging with, to advance their business and support the establishment of their financial safety, security and economic wellbeing.

In the words of Bruce Billson, Federal Ombudsman for Small Business and Family Enterprise “We need to find more ways to nurture possibilities, making it more likely success is within reach of every woman. It is not within our gift that every business will become a success – But it should be our mission to make sure no businesses fail from simply not knowing about or having access to something which might have made all the difference.”

What is the next most interesting thing you want to do?

Gain insights and engage in further converse with peers
Improve financial products and services by applying a richer gender frame and more granular data
Discreetly partner through co-opetition or collaboration with selected partners
Visibly partner to innovate, and share learnings and insights with all sector stakeholders – in pilots such as the Global Sisters – Lift Women initiative

Want to know more about The Women’s Economic Security Program, discuss opportunities for facilitated support to conduct an in-house design conversation or maybe you are looking to stress-test emerging products and services for women in micro business. Or perhaps now is the right time to discuss what innovative pilot partnership opportunities exist!

What ever support you are needing for your organisation to take your next step toward making it more likely business success and economic security is within reach of every woman, please contact us.

We look forward to continuing the conversations kick-started at this year’s 2023 Financial Services Provider Forum – Fixing Finance for Women in Micro Business.

Want us to get in contact with you?