It is exciting to see the increasing role of women leading the change in banking and the payment industry. Women are now at the forefront of managing financial institutions and participating in the rapid change in the payment sector.
The evolution in payments indirectly improves women’s access to credit, and insurance, while reducing the risk of theft and lowering administrative and disbursement costs to assist women-owned businesses. Payment innovation also helps give women more significant opportunities to work remotely from their homes or communities.
Women’s growing participation in leadership roles in the payment sector and financial services is helping fuel the fast and furious technology innovation ride. As a result, the financial services industry is changing before our very eyes rapidly.
I am a five-time bank CEO and an advisor to startups, most recently serving as president and CEO of Western Bankers and the California Bankers Association.
I am an ardent advocate for banks of all sizes’ positive role in supporting and building local communities, funding businesses, and supporting local economies. Currently, I am the President and CEO of Beacon Business Bank.
As an advocate for the financial industry, I am pleased to witness the increased traction of female leaders in financial services. Women leaders are making their mark and leading the charge to address critical issues such as diversity, equity, inclusion efforts, and overall employee well-being.
Banking is actively innovating and experiencing social change. It is an exciting time to participate in the process and root for the increased representation of women at all workplace levels.
As the financial landscape changes, I look forward to experiencing the innovation created by banks and new FinTech entrants pushing economic evolution. I plan to participate in the exciting global economy and the next ride of change. I also look forward to more women leading the charge by breaking down barriers of underrepresentation.