We need to work to prevent those who are unfamiliar with the digital, such as the elderly, people with low education or those from rural areas suffer exclusion or limitation from financial services that are increasingly pervaded by technology. This is what the director general of the Bank of Italy, Luigi Federico Signorini, speaking to the OECD conference according to which the problem also concerns the most advanced countries where the authorities are attentive to the needs of consumers. The transition to digital channels "will continue and for this reason appropriate actions will be necessary so that everyone can benefit" from innovations.
La tech, he underlined, has allowed a significant increase in the number of “banked” subjects in the world but has also left some inequalities and exposed some to over-indebtedness and scams. For Signorini, the way forward is the “strengthening” of the consumer who must be able to make decisions in full awareness “and not paternalism” on the part of the supervisory authority even if well-intentioned.
Generali and the public-private partnership
And always on the occasion of the 7th OECD World Forum on Well-being, organized with the Ministry of Economy and Finance, Istat and with the support of Bankitalia, Generali promoted the meeting entitled “Building well-being for people and planet: the role of public-private partnerships”. The event focused on the need to address global issues such as climate change, demographic trends and workforce transformation through well-being-focused solutions, highlighting the strategic role of public-private partnerships in responding to these challenges.
The OECD Forum, of which Generali is a knowledge partner, is organized under the Italian presidency of the G7 to strengthen the agenda for the well-being of our planet and its inhabitants at an international level, encouraging the creation of connections and stimulating action through dialogue between the academic and scientific world, civil society, businesses and institutions. The debate hosted by Generali explored how public-private partnerships are essential to promote the adoption of strategies focused on well-being, sustainability and the reduction of inequalities. This relies on sharing best practices between the public and private sectors, analyzing statistical data with aligned standards and joining forces to define inclusive and sustainable outcomes. By combining the strengths of both sectors, collaboration between private actors and international institutions such as the United Nations Development Programme (UNDP) and the OECD has a crucial role in supporting holistic policies and resilience strategies that put people's well-being at the center.
"It is important to strengthen the awareness that no actor, public or private, can successfully address the environmental and social challenges we are facing. The solution comes from a common effort". He said Andrea Sironi, Chairman of Generali, in his speech at the OECD Forum. “Our sector – added Sironi – plays a key role in bridging the protection gap and promoting tools that strengthen, through partnerships between private entities and public institutions, the resilience of our economies and the well-being of the community”.
