Tags » 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

Paytoo

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

Microfinance

The reality behind the ‘basic’ bank account

Published in ‘New Europe’ Print and Digital Editions

We were rejoiced to hear that the European Parliament finally adopted a new Directive giving all citizens the right to a… 796 more words

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