Blog Post for WISC Student

Posted on June 4, 2019

WISC Student Andra Sonea, together with Weisi Guo, Stephen Jarvis (both WISC CDT) and Faith Reynolds (Independent Consumer Expert), has written a blog post on identifying and tackling the financial void that is created through the increasing digitisation of retail banking.  
In her blog post, Andra highlights the chronic lack of useful data that can be used to identify groups of people that are susceptible to falling into a financial ‘void’.  Andra also advocates for a more transparent approach to data in the retail finance industry, in addition to stressing the need to ensure vulnerable socioeconomic groups are considered in retail finance planning.  Andra’s research continues to emphasise the real world impact that research undertaken at WISC can have and Andra and her research team are confident of being able to influence future policy decisions as a result.
The blog post can be read in full here.

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