Diebold Nixdorf expands commitment to financial literacy and inclusion for underserved communities
Continuing its commitment to help promote financial inclusion and literacy for underserved communities around the world, Diebold Nixdorf, through its charitable arm, the Diebold Nixdorf Foundation, will donate $500,000 over the next four years to Operation HOPE, extending and increasing a previous commitment which began in 2017. Operation HOPE’s mission is to expand economic opportunity to underserved populations in the U.S. and globally through financial education and empowerment.
The most recent Global Findex report from The World Bank shows that about 1.7 billion adults remain unbanked — without an account at a financial institution or through a mobile money provider. The financial disadvantages of being unbanked are well documented, as the lack of a banking account limits opportunities for saving money and building credit history to help develop financial literacy and security. With help from the continued support of Diebold Nixdorf, Operation HOPE can continue empowering the world’s underbanked and unbanked populations through financial education, including credit and money management, homeownership preparedness and small business entrepreneurship programs.
John Hope Bryant, founder, chairman and chief executive officer of Operation HOPE, said: “We would like to thank Diebold Nixdorf for their continued, generous support of the work of Operation HOPE. The commitment of a leading player in the financial technology industry, such as Diebold Nixdorf, helps us continue to impact lives by making banking more accessible to more people around the world.”
Gerrard Schmid, Diebold Nixdorf president and chief executive officer, said: “We are proud to continue supporting Operation HOPE and its important mission. Our solutions have provided the technological avenue for global financial institutions to improve access to banking services for many millions of people. This expanded partnership will help Operation HOPE continue executing its vision and leveraging its expertise to help create financial opportunity for underserved people around the world.”