Tags » Financial Exclusion

Financial inclusion and central banks

David Bholat, Julia Kowalski and Simon Milward.

Financial inclusion means every adult having access to fair and affordable savings, transactional banking, credit and insurance. It also requires consumers of financial services to be literate around their use. 1,371 more words


Cashless Payments

You may have noticed that less and less cash is being circulated and this is being replaced by contact-less cards, and now cashless payments will be made by your phone device. 459 more words

Social Inclusion

Credit for All (Not) and Financial Exclusion

Froud, Johal, Montgomerie and Williams[1] state that the extension of credit in unequal societies is a self-defeating process if the end product is higher levels of consumer debt. 451 more words

Financial Exclusion

Banks Exclusion. What is the Key to Financial Inclusion?

“Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor,” the American author James Baldwin wrote in 1960.

Today, half of the world’s adult population, approximately 2.5 billion around the world and more than 88 million people in the United States are either under or unbanked and do not have access to traditional bank products and services. 954 more words


The World Cup of Financial Exclusion

> Posted by Sonja E. Kelly, Fellow, CFI

We are in full World Cup fervor in the Accion offices around the world, with jerseys making appearances at global staff meetings, water cooler conversations centering on surprise advancements (and eliminations), and a high incidence of lingering trips to the conference room screen to check scores in between meetings and deadlines. 587 more words

Center For Financial Inclusion

How is Financial Inclusion a Challenge for Developing and Developed Countries?

2.5 billion adults currently do not have access to basic financial services, half of the world adult population. That is to say they do not have access to a basic current account, credit, insurance and savings product. 497 more words