Date: 20-04-2018
Source: The Wall Street Journal
Corner shops, tailors, pharmacies, and even doctors‘ offices are adding simple financial services.
About 1.2 billion adults gained access to financial services between 2011 and last year, the World Bank said Thursday, as the internet and mobile phones increasingly connected far-flung communities to the global financial grid.
The share of the adult population with an account at a bank or mobile money provider grew to 69% in 2017 from 62% in 2014 and 51% in 2011, according to the Global Findex, a database produced by the World Bank.
Global policy makers consider “financial inclusion” to be a potential tool for fighting poverty and inequality by giving people better ways to save, borrow, buy, sell and receive payments. As traceable, digital transactions gradually displace the use of cash, authorities say, the process may also help combat money laundering and other illegal activities. Den Rest des Beitrags lesen »