Commonwealth Bank’s Post

"No Faces No Cases" (NFNC) has the potential to make a significant impact on a global scale by promoting financial empowerment, fostering community support, and driving positive change across borders. As a company dedicated to helping individuals achieve financial success and security, NFNC can serve as a catalyst for positive transformation and empowerment worldwide. Through its innovative platform and commitment to financial education, NFNC can empower individuals from all corners of the globe to take control of their financial futures, pursue their dreams, and create lasting prosperity for themselves and their communities. By providing tools, resources, and support for individuals to generate income, build wealth, and achieve financial independence, NFNC can uplift and empower individuals in even the most disadvantaged regions. Furthermore, NFNC's focus on community support and collaboration can help foster connections and partnerships that transcend geographical boundaries. By creating a network of like-minded individuals dedicated to personal growth, financial stability, and social impact, NFNC can inspire a spirit of unity, cooperation, and empowerment that transcends cultural differences and unites individuals in a common goal of creating a better future for all. Through strategic initiatives, partnerships, and outreach programs, NFNC can extend its reach and impact to underserved communities, marginalized populations, and regions in need of economic development and empowerment. By leveraging its platform and resources to drive positive change, NFNC can help address global challenges such as poverty, inequality, and lack of access to opportunities, creating a ripple effect of empowerment and transformation that reaches far and wide. In conclusion, "No Faces No Cases" (NFNC) has the potential to make a difference in the whole world by promoting financial empowerment, fostering community support, and driving positive change on a global scale. Through its commitment to empowering individuals, fostering collaboration, and creating opportunities for growth and success, NFNC can serve as a beacon of hope and inspiration for individuals and communities around the world. Together, let's create a brighter future for all and make a positive impact that transcends borders and unites us in a shared vision of empowerment and prosperity.

We are pleased to highlight a pivotal #casestudy by Change Machine, "Pathways to Empowerment: Financial Independence for Survivors of Gender-Based Violence in New York City." This study delves into effective strategies for empowering survivors through financial literacy and independence, underscoring the impact of targeted support and collaboration. Explore the insights and successes detailed in this work to understand the role of financial empowerment in building resilient futures and transforming lives with a future free of violence. #FinancialEmpowerment #FinancialIndependence #FinancialSecurity #GenderBasedViolence #ChangeMachine Learn more: https://hubs.ly/Q02pDzDk0

In “Widening the Lens: An Inclusion Exercise,” CU FinHealth24 attendees broke into exercise groups on design-thinking with Samira Salem (America’s Credit Unions) and Zach Christensen (CU Pride). The audience developed a mindset of empathy (understanding member needs), defining issues (identifying member problems), ideation (exploring possible solutions), prototyping (creating low-scale solutions), and testing (refining those solutions). Some examples: what can your credit union do to ensure economic security and financial access for single-women households, the gig-workforce marketplace, and foster care youth? #CUFinHealth24 #CANVLeagues

📙 New publication: "Lessons from the Survivor Inclusion Initiative," offers crucial insights for crafting financial inclusion strategies for survivors and other vulnerable communities affected by human trafficking and modern slavery.   Survivors often face structural barriers related to poverty, race, class, or gender disparities that can render financial stability and services inaccessible. Moreover, survivors may have endured exploitation within financial institutions, such as forced account openings or deposits for illicit activities, fostering distrust towards these institutions. By enhancing their access to meaningful financial products, financial inclusion programming can facilitate survivors' transition back into society and prevent their re-victimization. This publication distills four years of experience of the Survivor Inclusion Initiative, managed by UNU-CPR’s Finance Against Slavery & Trafficking’s (FAST) project. It provides valuable lessons for financial service providers and frontline organizations on enhancing financial access for survivor clients.   The Brief recommends: 🔸 Financial authorities should provide clear leadership on financial inclusion of survivors and other vulnerable groups, including formal guidance on Know-Your-Customer policies; 🔸 Senior management of financial institutions should demonstrate buy-in to ensure survivors’ financial access; 🔸 Survivors and other vulnerable groups should be made aware of their right to access financial services, and the capability of survivor leaders should be boosted to support inclusion; 🔸 National Referral Mechanisms should enable survivors’ access to a range of financial service providers, financial products, and education; and 🔸 Financial education should be provided for survivors and vulnerable populations to improve use of products and services. Read more here: https://lnkd.in/ejuf2r5A 

Driving Community Empowerment Through Strategic Financial Inclusion In today's dynamic financial landscape, Community Development Financial Institutions (CDFIs) and organizations with low-income designations play a crucial role in building resilient and inclusive communities. By strategically leveraging these designations, financial institutions can create profound impacts that go beyond traditional banking services. Core Strategies for Meaningful Impact: Enhancing Access to Financial Services: Expanding loan programs and financial resources to underserved and low-income populations is vital. By doing so, institutions can empower individuals to achieve their personal and economic goals, driving broader community growth and stability. Integrating Diversity, Equity, Inclusion, and Belonging (DEIB): Incorporating DEIB into the fabric of organizational culture is essential for understanding and meeting the diverse needs of communities. Engaging diverse perspectives and fostering inclusive decision-making not only enriches community relations but also enhances organizational effectiveness. Innovating Through Community Feedback: Continuous improvement of products and services, driven by active member and community feedback, ensures that offerings are relevant and effective. This customer-centric approach helps institutions stay aligned with evolving community needs, fostering trust and long-term relationships. These strategies are not just about meeting targets; they are about crafting stories of success and empowerment. By focusing on financial inclusivity, we can pave the way for sustainable development and prosperity within our communities. Let's champion these initiatives to unlock opportunities and create lasting, positive change. #CommunityEmpowerment #FinancialInclusion #CDFI #Leadership #StrategicPlanning

Community power building in BIPOC, 2SLGBTQIA+, disability and low-income rural communities is an essential goal of our work moving forward. This short article and longer series are important touchstones to understanding what community power building is and how it can improve health equity. https://lnkd.in/gfpPAA-K

Exclusion from financial services can leave people unable to make and receive payments, or deny them access to appropriate products that support financial resilience. Even with the most common of financial products, such as a bank account, many people still face exclusion. In this project for the Financial Conduct Authority, we spoke to people with experiences of homelessness and rough sleeping, the care sector and the criminal justice system and asylum seekers. The FCA had previously identified these groups as being at particular risk of financial exclusion, and wanted to gain a more in-depth understanding of the barriers they faced in their financial lives. To do this, we took a place-based approach, building relationships with community support organisations and settings to engage the right people. Through the course of the project, the sites visited included asylum hotels, drop-in centres, women’s centres, food banks, care leavers' support centres and multiple homeless shelters. To find out what we learned, you can read our report below: https://lnkd.in/eBRKSmM2

In Ontario, 62 women and children were killed in 2023. Each month, there is a new terrible milestone where the numbers continue to climb. But important work is happening to address this crisis. Women United supports survivors in escaping violence, regaining a sense of security, overcoming substance use or mental health challenges, and reclaiming their independence. We do this by ⤵️ 🟣 Investing in programs that provide safe-havens and mental health supports for women and their children who are experiencing or fleeing violence. 🟣 Working with partners to address the core issues leading to gender-based violence (GBV). 🟣 Raising awareness of GBV to break the stigma and systemic issues related to it. By joining #WomenUnited, you will support vulnerable women and their families to make sure they have equal opportunities for a successful life. Become a member before March 31 and your membership will be matched by BMO helping even more women and girls in our communities. 💜 Learn more: https://lnkd.in/e4-q8paC

Today Justice Policy Institute released a new report that provides actionable steps policymakers can take to build better public safety solutions by investing in our young adults (18-24). Using Washington, DC's hybrid system as a case study the report outlines how District leaders can finally take action to begin to fully implement the 2020-2025 YRA emerging adult strategic plan that I helped work on at JPI. It's been too many years of failed leadership and inaction all at the expense of public safety and our young people. Read more and help take action.