Newcastle University London Accounting and Finance Lecturer, Dr Rama Kanungo, has recently had a submission published by the House of Lords Select Committee.
Dr Kanungo's report was published under the Financial Exclusion in the HM Treasury Section. The House of Lords Select Committee on Financial Exclusion was set up on 25 May 2016. The remit of the Committee is “to consider financial exclusion and access to mainstream financial services".
The Committee aims to explore the key issues surrounding Financial Exclusion in the UK. Based on a number of selected oral and written submissions, the committee has published a report on 25th of March 2017 entitled “Tackling financial exclusion: A country that works for everyone?”
Dr Kanungo's submission addresses a range of areas, including the importance of early engagement of financial institutions and service providers with the education sector, promoting Economic Socialisation and using FinTech at government level for social transfers, payroll, pensions, subsidies, government-subsidized loans, procurement, and unemployment benefits.
published on: 30 March 2017