The Payments Association Calls for More LGBTQIA+ Diversity in Payments Industry

New report urges financial organizations to champion inclusion and create safer environments for LGBTQIA+ professionals across payments and fintech.

Highlights:

  • The Payments Association has released a report calling on the payments and fintech sectors to prioritize LGBTQIA+ diversity and inclusion.

  • The research highlights barriers to career progression, lack of representation, and fear of discrimination among LGBTQIA+ professionals.

  • The report recommends more visible leadership support, inclusive policies, and targeted mentoring to improve workplace culture.

Summary:
The Payments Association is urging the payments and fintech industries to take stronger action to improve LGBTQIA+ diversity, equality, and inclusion. In a newly published report, the Association outlines how many LGBTQIA+ professionals still face systemic barriers and the fear of being open about their identities in the workplace.

The recommendations include adopting clear policies to prevent discrimination, promoting visible support from senior leaders, and investing in inclusive recruitment and mentoring. The initiative aims to make the sector safer, more diverse, and more representative of the communities it serves.

Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Visa Strengthens Ties as Anchor Investor in PayPay IPO

Visa commits to supporting PayPay's growth through IPO investment.Highlights: Visa invests as anchor in PayPay's IPO.This move highlights...

Santander and Mastercard Complete Europe’s First Live Agentic AI Transaction

This groundbreaking transaction marks a milestone in AI-driven financial technology.Highlights: Santander and Mastercard execute Europe’s first agentic AI...

Apple Strengthens Reach with Apple Pay Launch in India

Apple Pay expands its footprint, aiming to capture the Indian digital payments market.Highlights: Apple Pay officially launches in...

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...