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Rise Economy Bridging the Digital Divide: An Action Plan for Financial Institutions

Source:
RISE Economy

Published:
09/21/2023

By:
Jamie Buell, Research Analyst
Kevin Stein, Chief of Legal and Strategy

Access to technology and high-speed internet is crucial for individuals to fully participate in our economy, yet significant portions of the population still lack access to digital resources, perpetuating inequality and hindering economic opportunities.

In this report, we highlight the role banks can—and should— play in promoting broadband access and adoption. We provide context and delve into the initiatives, strategies and successes that help bridge the digital divide. Banks, as key community anchor institutions, have a unique opportunity and responsibility to help promote digital equity. Leveraging their resources, expertise and infrastructure, banks can promote financial inclusion, invest in broadband projects, and partner with nonprofits, public agencies and community members to foster digital equity.

Download and View Report

Rise-economy.org