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

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

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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.

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