Financial Inclusion refers to the provision of financial services to underserved or unbanked populations, ensuring that individuals and businesses have access to useful and affordable financial products and services. This includes access to banking accounts, loans, insurance, and payment systems. The goal of financial inclusion is to eliminate barriers that prevent people from participating in the financial system, thereby promoting economic stability and growth. By facilitating access to financial resources, financial inclusion aims to empower individuals to improve their economic well-being, invest in opportunities, and manage risks effectively. It is considered a vital component of economic development, social justice, and poverty alleviation.
Project Nemo collaborates with Fintech Fringe and The Payments Association to address financial exclusion for adults with learning disabilities. The initiative aims to develop innovative fintech solutions to ease payment…
The Path to Genuine Financial Inclusion Significant strides have been made in achieving financial inclusion worldwide, with access to financial services jumping by 50% since 2011, now reaching over 75%…
The Evolution of Payment Technology In today's fast-paced digital landscape, financial technology is evolving, making transactions more accessible and efficient for small and medium-sized enterprises (SMEs) and supply chains. Mastercard…