Accessible Digital Banking For Society’s Most Vulnerable People
The Problem
There are 12.11M adults in the UK with a recognised disability, of which 7.15M have accessibility needs
Accessibility doesn’t just apply to people with disabilities – all users have different needs at different times, often remaining undiagnosed
43% of UK adults with digital access needs do not use banking apps to manage their finances
Digital banking is now an essential part of everyday life, yet current banking apps offer limited accessibility for those who need it. This doesn’t just apply to people with disabilities – all users have different needs at different times, with many remaining undiagnosed.
The reduced independence, increased frustration, stress and isolation can easily lead to mental health issues and potential financial exclusion for society’s most vulnerable people.
What Are Accessibility Issues?
Real world examples
Neurological
Mohammed has attention deficit hyperactivity disorder (ADHD) and finds text easier to read if it’s highlighted in blue as it’s being read out loud on his mobile. He needs to be able to adjust the highlight and text colours, so text is readable with sufficient colour contrast.
Sensory
Elizabeth has partly blurred and unclear vision and finds it hard to read texts that do not have strong colour contrast. She needs screen magnification, high contrast themes and occasional screen reader capability to access mobile apps.
Physical
George has limited hand movement and uses custom gestures on his smartphone. He wants a visible focus indicator to know what element on the page has focus so when gestures are used on his mobile, he will know what element will be activated.
The accessibility problems of today are the mainstream breakthrough of tomorrow.
Eve Anderson
Director, Accessibility Engineering Google
What’s needed is an inclusive digital banking solution that’s accessible for society’s most vulnerable people.
What Is BankAbility?
An ‘accessibility first’ Open Banking solution that automatically optimises the user-experience for everyone regardless of disability, age, device or operating system.
It enables people to manage their finances and everyday lives via a single dashboard.
This will be a game changer for people with sensory, neurological and physical disabilities such as mobility, dexterity, vision, hearing, autism, dyslexia, dyspraxia, dementia and other mental health needs.
Inclusion
Ease of Use
Accessibility
Open Banking
AI Driven
BankAbility
Our Mission
To improve the lives of society’s most vulnerable people by building the world’s most inclusive digital accessibility technology.
Our Vision
To build a solution enabling everyone with access needs to easily manage their digital banking.
Our Values
Integrity, trust, respect, inclusion, innovation, simplicity.
Our Pledge
To donate 10% of annual profits to our charity partners.
I believe the ‘BankAbility’ app will create a significant positive social impact. I support the important work Digital Ability is undertaking in the hope of eradicating the health impacts and financial exclusion faced by those with accessibility needs.
The Rt. Hon. Lord Blunkett
Our Team
Board Advisors
Accessibility is a basic human right.
Sarah Herlinger
Director of Global Accessibility Policy and Initiatives - Apple
Environmental, Social & Governance (ESG)
We are committed to maximising value for all stakeholders and shareholders by integrating environmental, social, and governance factors systematically into everything we do.
In this way we will contribute to the sustainable development of society whilst satisfying the needs of our customers, employees and communities.
How we interact with the environment
BankAbility’s key environmental impact is energy consumption: servers, offices and employee travel.
We will build an environment impact policy with a net zero impact.
How we engage with society and communities
The core of our business focuses on accessibility and inclusivity, supporting the wider community and all its diverse ability individuals by creating employment and contributing to the local economy.
How we manage the company to ensure accountability and efficiency
From its inception, BankAbility has concentrated on bringing an expert group of experienced advisors which will ultimately translate into a diverse Board.
Partner
As a social impact company focussed on enabling everyday financial inclusivity and accessibility, we are looking to partner with organisations and individuals who can help us to improve the wellbeing of society’s vulnerable people through financial inclusion.
To find out more about partnering with BankAbility, please contact us.
News
Contact
Let’s Talk.
We’d love to hear from you!
(All enquiries are dealt with promptly and in the strictest confidence)
The COVID-19 pandemic accelerated an already fast-moving shift towards digitalisation, with personal contact and face-to-face meetings disintegrating. From the way we work to the way we shop, the ‘new normal’ that we live is set to be hybrid, as all of us move further and further into the online world.
How BankAbility is Helping People Become Financially Included