Close Menu
World Forbes – Business, Tech, AI & Global Insights
  • Home
  • AI
  • Billionaires
  • Business
  • Cybersecurity
  • Education
    • Innovation
  • Money
  • Small Business
  • Sports
  • Trump
What's Hot

Louvre jewel heist now a race against time for authorities

October 21, 2025

Timing and technique for transplanting shrubs

October 21, 2025

Discover the magic of fresh mozzarella in your cheese section

October 21, 2025
Facebook X (Twitter) Instagram
Trending
  • Louvre jewel heist now a race against time for authorities
  • Timing and technique for transplanting shrubs
  • Discover the magic of fresh mozzarella in your cheese section
  • Cutting food waste saves money and reduces pollution
  • Virginia Giuffre’s memoir on Prince Andrew and Epstein hits shelves
  • How to prepare for digital outages
  • Alex Bouaziz On Deel’s Latest Fundraise And Why He’s Not Worried About Litigation
  • Millions of Indians celebrate Diwali, the Hindu festival of lights
World Forbes – Business, Tech, AI & Global InsightsWorld Forbes – Business, Tech, AI & Global Insights
Wednesday, October 22
  • Home
  • AI
  • Billionaires
  • Business
  • Cybersecurity
  • Education
    • Innovation
  • Money
  • Small Business
  • Sports
  • Trump
World Forbes – Business, Tech, AI & Global Insights
Home » Financial services see progress on deaf accessibility, but more inclusion needed
Tech

Financial services see progress on deaf accessibility, but more inclusion needed

By adminMay 6, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Telegram Email
Share
Facebook Twitter LinkedIn Pinterest Email
Post Views: 78


Financial services see progress on deaf accessibility, but more inclusion neededFinancial services see progress on deaf accessibility, but more inclusion needed

As Deaf Awareness Week 2025 gets underway, the Lending Standards Board (LSB) has released its annual review into how the UK financial services sector is addressing the accessibility needs of deaf and hard of hearing customers.

The findings show encouraging momentum, but also underline a need for deeper inclusion practices across the industry.

The latest update builds on the LSB’s 2023 report, which identified barriers faced by deaf individuals when accessing financial services. It was compiled with input from the Deaf Inclusion Industry Group—an initiative formed after the 2023 report comprising 34 organisations including banks, building societies, digital lenders, insurers and support charities—and Signing Banks UK, a platform that consolidates deaf-accessible financial services.

The 2025 findings indicate that certain basic accessibility tools are now widespread. Text relay services are available through 97% of group members, and hearing loops are installed by 84% of firms with physical branches. Instant British Sign Language (BSL) translation in call centres is provided by 73%, with 63% offering in-branch instant BSL translation. Meanwhile, 50% of firms can arrange in-branch BSL interpreters and 45% offer video relay service (VRS) call-backs.

A number of firms have recently stepped up their efforts: 27% of those offering BSL in call systems and 38% of those with VRS call-back introduced these services within the past year.

LSB chief executive Emma Lovell said, “The progress on supporting deaf customers in the financial services sector over the last two years has been positive – though there is still a long way to go before deaf or hard of hearing customers have the same level of access to financial services as those whose hearing isn’t impaired.

“Being deaf or hard of hearing can have a significant impact on someone’s ability to achieve the right outcome when they engage with a financial services provider. Not being able to hear conversations in branches or on the phone can be an obvious challenge. Less obvious perhaps – particularly to those who aren’t deaf – is the fact that BSL isn’t just a signed version of English; it’s an entirely different language. Some of those who rely on BSL may not be able to understand the letters or communications in written English that the sector has historically used to communicate with deaf customers.”

Lovell emphasised two priorities moving forward: ensuring lived experience informs new product development and embedding a lasting cultural shift. Only 25% of the organisations surveyed involved deaf individuals in service development in the past year. Training must also become more sustained and systemic, and tools must be functional and properly used, she said.

The report reveals internal engagement is growing. Over the past two years, 74% of respondents said they had communicated internally about deaf accessibility, 67% have offered training, and 41% have published on-demand guidance on internal platforms. Another 10% are developing new training materials.

Kathryn Townsend, chair of the Deaf Inclusion Industry Group and head of customer vulnerability at Nationwide said, “Two and a half years since the formation of the Deaf Inclusion Industry Group, I continue to be impressed by the progress we’re making. We’ve grown from 12 to 34 firms, estimated to cover the majority of UK consumers. This year’s survey responses once again reinforce what we’ve come to learn: that with a clear focus, regular collaboration, and access to the right expertise, meaningful change is possible.”

Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global

Investors

The following investor(s) were tagged in this article.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
admin
  • Website

Related Posts

New BNPL rules to end ‘wild west’ lending and protect UK consumers

May 20, 2025

Triodos IM teams up with STOXX to launch new impact investing benchmark

May 20, 2025

Datamaran launches Harbor to support corporate sustainability professionals

May 20, 2025

European Parliament proposes stricter limits on ESG reporting requirements

May 20, 2025

Finastra divests TCM unit to Apax Funds to sharpen focus on core FinTech software

May 20, 2025

Zurich appoints new head of SME for Australia & New Zealand

May 20, 2025
Add A Comment
Leave A Reply

Don't Miss
Billionaires

Alex Bouaziz On Deel’s Latest Fundraise And Why He’s Not Worried About Litigation

October 20, 2025

Deel cofounder and CEO Alex BouazizGuerin Blask for Forbes T The heated rivalry between HR…

Meet The Florida Sugar Barons Worth $4 Billion And Getting Sweet Deals From Donald Trump

October 17, 2025

Why Direct Lending Is Not In A Bubble

October 16, 2025

After Four Decades In Silicon Valley, This Engineer Is A New Billionaire Thanks To The AI Boom

October 16, 2025
Our Picks

Louvre jewel heist now a race against time for authorities

October 21, 2025

Timing and technique for transplanting shrubs

October 21, 2025

Discover the magic of fresh mozzarella in your cheese section

October 21, 2025

Cutting food waste saves money and reduces pollution

October 21, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to World-Forbes.com
At World-Forbes.com, we bring you the latest insights, trends, and analysis across various industries, empowering our readers with valuable knowledge. Our platform is dedicated to covering a wide range of topics, including sports, small business, business, technology, AI, cybersecurity, and lifestyle.

Our Picks

After Klarna, Zoom’s CEO also uses an AI avatar on quarterly call

May 23, 2025

Anthropic CEO claims AI models hallucinate less than humans

May 22, 2025

Anthropic’s latest flagship AI sure seems to love using the ‘cyclone’ emoji

May 22, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA Policy
  • Privacy Policy
  • Terms & Conditions
© 2025 world-forbes. Designed by world-forbes.

Type above and press Enter to search. Press Esc to cancel.