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
Tags » Financial Exclusion
“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
> 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
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