NatWest, Nationwide and HSBC Join CFIT Inclusion Coalition

NatWest, Nationwide and HSBC have joined the Centre for Finance, Innovation and Technology’s financial inclusion coalition, bringing three UK banks into the group’s work to improve access to financial services.

The coalition covers people’s ability to access and use suitable banking, payment, credit and other financial services. CFIT is bringing together financial institutions and other organisations to address barriers that can exclude some people from the financial system.

The banks’ participation adds major retail banking groups to CFIT’s work. Details of the coalition’s specific projects, timetable and targets have not been provided.