Accessibility, Member Exclusive

The Accessibility Playbook: How to make FIs accessible inside and out

  • There are more than 42.5 million differently-abled people in America, and firms need to think about how their products, work environments, digital and physical footprints need to evolve to serve this segment better. 
  • Dive into what strategies some of the biggest FIs are using to make their work environments, their customer touchpoints, and products more accessible.
close

Email a Friend

The Accessibility Playbook: How to make FIs accessible inside and out

Who is a bank really for? Most of us would like this answer to be: everyone. But sometimes accessibility to banks as employers and as banking providers gets skewed away from those who are differently abled.

This is thankfully changing, as many Wall Street and community banks are realigning their policies and taking mindful action to build a more inclusive customer-facing and employee-facing institution.

Here is how some of the biggest firms are building for accessibility:

Build for differently-abled customers

1. Shift accessibility left: Making a digital product or service accessible after it’s already been developed is harder than building it accessible from the start. Capital One’s journey to one of the most accessible banking apps is one that started from this realization. Since there is overlap between SEO and accessibility requirements, the firm evolved its SEO team into its accessibility team. Raising awareness internally about how shifting accessibility left in the development process can introduce efficiencies is also important. In Capital One’s case, a significant part of the firm’s Senior Director of Digital Accessibility Mark Penicook’s time and effort goes into ensuring that teams across the bank understand the work they are doing, and how it impacts customers’ and the employees’ workflow.

2. Leverage tech and build subject matter expertise: Last year, Chase won an unsolicited James R. Olsen Distinguished Service Accessibility Award by the American Council of the Blind. The bank has been able to realize such results on the accessibility of its app because it has dedicated subject matter experts that guide the development process as well as team-based trainers that work with testers, designers and developers. The bank’s design process also enables designers to markup their work with the accessibility functionalities and features that need to be worked in by developers – Chase calls this tech “green lines” according to James Green, Head of Digital Accessibility at Chase. This markup software allows two separate teams to stay on the same page when building a product  and ensures that developers don’t unknowingly make any changes to things like alternative text and other features that would compromise the overall accessibility of the product.

3. Automate and work with accessibility software providers: A time-consuming chunk of the accessible software development cycle is testing. For example, before Capital One started automating its accessibility testing processes, the firm would spend 3 to 4 weeks testing out its digital footprint for issues, said Penicook. To make this process more efficient the firm’s venture capital arm invested in accessibility software provider Evinced, and has been able to bring its testing time down to a few hours. Other major banks and FIs also leverage the expertise of accessibility providers to build more accessible products and test for issues. For example, US Bank and PNC both work with Deque Systems, and the money transfer company Payoneer works with UserWay.

_____________________________________________________________________ subscription wall for TS Pro

0 comments on “The Accessibility Playbook: How to make FIs accessible inside and out”

Banking, Green Finance, Member Exclusive, The Quarterly Review

The Quarterly Review: Citizen’s Rachel Mattes Greenberg on how her team is sprinting to success in order to meet the bank’s $50 billion Sustainable Finance target

  • In April, Citizens' Head of Sustainability Rachel Mattes Greenberg, told me that she and her team were hard at work ensuring the bank meets its $50 billion in Sustainable Finance Target.
  • Her strategy involved launching two ESG reports and helping Citizens' bankers engage high-emitting clients in conversation about sustainability. Now she is here to report how these efforts panned out and where she is expecting to go next.
Rabab Ahsan | January 14, 2025
10-Q, Member Exclusive

The calendar flipped, and so did the market trends

  • 2025 Market Trends Alert: The 2025 IPO scene is heating up, with AI set for another stellar year and Web3 hinting at a strong comeback.
  • We take a moment to see what’s taking shape in each of these areas.
Sara Khairi | January 13, 2025
10-Q, Member Exclusive

A rapid-fire round through the year’s hottest 10-Q stories

  • The future calls, but first, a nod to the road we’ve traveled.
  • Join me as we explore the highlight stories from the 10Q universe and celebrate the close of 2024!
Sara Khairi | January 06, 2025
10-Q, Member Exclusive

Trump’s Finance Focus: Fintech leaders now in government spotlight

  • We look at Donald Trump's newest team members, who operate at the tricky intersection of finance and politics.
  • The year ahead, with Senate approval pending, will determine the outcome of Trump's strategy of integrating financial leaders into key government positions.
Sara Khairi | December 16, 2024
10-Q, Member Exclusive

Year-End Showdown: Wall Street’s perks & promotions are messier than your holiday leftovers

  • Wall Street bonuses are set to jump by as much as 35% this year, fueled by a rebound in corporate deals, stock sales, and debt transactions in 2024.
  • However, not all members of Wall Street institutions may find a pot of gold at the end of the rainbow. Citi, for example, is moving in the opposite direction.
Sara Khairi | December 09, 2024
More Articles