The role of identity in financial inclusion with Amit Sharma, FinClusive – Podcast Episode 51

In episode 51, Amit discusses how to address financial inclusion for individuals and organisations – and how identity can both prohibit and enable this. He explores the solutions that are available to facilitate secure Know Your Customer (KYC) and Know Your Business (KYB) processes whilst enabling economic empowerment globally – such as the Legal Entity Identifier (LEI). "Legal entity digital identities are equally as important as the individual identities because they form the gateway to be able to access essential and critical financial services." Amit Sharma has engaged in a myriad of roles that intersect financial markets, risk management, regulatory compliance, and international development. He is the Founder and CEO of FinClusive, a hybrid FinTech and RegTech company dedicated to financial inclusion. FinClusive serves the growing fintech, virtual asset/crypto and other non-bank/alternative financial services sector by providing them the ability to establish insured accounts for themselves and their clients through its growing U.S. based bank partners and conduct cross border transactions over crypto/blockchain and traditional bank payment rails—with an embedded full-stack global-standard financial crimes compliance (FCC) platform. Prior to FinClusive, Amit worked in both the public and private sectors, including with Empowerment Capital, Mitsubishi UFJ, and at the US Treasury Department, first at the inception of the Office of Terrorism and Financial Intelligence (TFI), and later as COS to the Deputy Secretary and Advisor to Treasury’s senior team under Secretary Henry Paulson. Connect with Amit on Twitter @ASharma_VT and on LinkedIn. Find out more about FinClusive at finclusive.com. FinClusive is a Ubisecure/RapidLEI partner. Read more about the partnership in our press release: www.ubisecure.com/news-events/finclusive-validation-agent-gleis/ We’ll be continuing this conversation on Twitter using #LTADI – join us @ubisecure!