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Underserved and overlooked: Digital technology can make financial struggles easier to manage

  • Fri, 08 Sep 2017 15:27
Print section Print Rubric:  In rich countries, just as in developing ones, digital technology could make financial struggles easier to manage. Its potential has scarcely been tapped Print Headline:  Underserved and overlooked Print Fly Title:  Technology and financial inclusion UK Only Article:  standard article Issue:  What machines can tell from your face Fly Title:  Underserved and overlooked Main image:  20170909_IRD001_0.jpg BETWEEN 2011 and 2014, according to the World Bank, the number of people in the world with a bank account, either directly or through a mobile-money provider, grew by no fewer than 700m. The global ranks of “unbanked” adults thinned from 2.5bn, 49% of the total, to 2bn, just 38%. Data being collected this year are likely to show further progress, with more people who used to rely on cash and informal, often expensive, means of saving, ... Economic Issues


US Weekly

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