The July 2020 edition of Rise FinTech Insights, the regular publication on trends and technology in FinTech. In this edition, the important topic of financial inclusion is discussed.
One thing that COVID-19 teaches us, if we needed reminding, is how many people across the world remain disadvantaged by not having access to basic financial services.
It’s a blight that prevents them from transacting for even the most basic goods and services. A simple bank account, for example, can open doors for individuals and families in ways that many of us take for granted. The ability to control payments, make financial decisions and invest in health, education and the future can lead to better lives.
It’s not just a nice-to-have. Without basic financial services, lives can be devastated. In an ever more connected world, it’s a subject that, in one way or another, affects us all.
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