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Digital payments can expand financial inclusion—but only under the right conditions
Digital payments are often presented as a way to bring more people into the financial system. Mobile wallets, online transfers and app-based payment systems are now central to how governments, banks ...
Economic benefits of financial inclusion, meaning a broadening access of the population to financial services, have been ...
Financial inclusion is no longer just a policy goal—it’s a product challenge. Despite major progress, 14% of U.S. households were underbanked in 2023. Globally, while nearly 80% of adults now have ...
The prevailing narrative in the financial technology industry has centered around one central concept: access. The promise of fintech “revolutionizing” financial services has led many to celebrate the ...
Economic growth naturally drives financial inclusion by generating jobs and opportunities, as highlighted by Chief Economic ...
Without adequate financial inclusion, South Africans who hope to start businesses and improve their lives – and their communities – will remain constrained. Ofentse Tabane, founder and MD of Randcorp ...
Financial Inclusion in America Nearly one-fourth of U.S. adults can't pay their monthly bills, and have little or no access to a bank. Many more have no retirement savings. This video series ...
Financial inclusion is a no-brainer. Done right, good work in this space can unlock economic growth and help consumers build wealth. That’s part of why the idea has strong support from well-placed ...
Financial exclusion remains one of Mexico’s biggest barriers to economic growth. Mexico has a population of over 130 million, yet credit to SMEs represents less than 7% of GDP, compared to over 25–30% ...
Financial inclusion is a critical enabler of economic development, ensuring that all individuals and businesses, regardless of their financial status, have access to essential financial services. In ...
Imagine living in a remote location, so remote that there is no bank and no access to financial services. While online banking and fintech have significantly reduced such cases, many people still ...
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