Financial Inclusion

Financial Inclusion

Financial inclusion isn’t a one-size-fits-all process, with more than 2 billion people worldwide living outside the global financial system. The good news: advances in big data and technology along with changes in regulation and creative partnerships between the public and private sectors are providing new pathways to help people gain financial stability.

Content from this campaign

MetLife Foundation and Visa Launch “Inclusive Fintech 50” to Elevate Early-Stage Fintechs Addressing Financial Inclusion
WASHINGTON, February 11, 2019 /3BL Media/ - MetLife Foundation and Visa Inc., with global nonprofit Accion and IFC, a member of the World Bank Group, announced a new initiative to recognize the top 50 early-stage fintechs contributing to financial inclusion around the globe.  The “Inclusive Fintech 50” will culminate in a list of...
Feb 11, 2019 9:15 AM ET
Multi-Year Effort Launches to Help Millions of Financially Vulnerable People Build Savings & Economic Opportunity
BOSTON & NEW YORK, February 5, 2019 /3BL Media/ - Decades of research points to the material, psychological and social value of wealth. Yet, building financial security is a persistent challenge for lower-income Americans who continue to become less wealthy, not more. In fact, more than 40 percent of people in the United States cannot cover an unexpected $400 emergency expense, according...
Feb 5, 2019 10:15 AM ET
New Study on Financial Inclusion, the 2018 Global Microscope, Shows Countries in Latin America and Asia Provide the Best Environments for Financial Progress
Colombia, Peru, Uruguay, Phillipines and India have the most conducive environments globally for financial inclusion, driven by a high degree of government coordination Rwanda and South Africa stand out for the best environments among countries in sub-Saharan Africa Gaps in connectivity infrastructure and digital identification systems represent a barrier for the...
Oct 30, 2018 10:30 AM ET
Multipliers of Prosperity | Money Is More Than Math: Exploring What Comes After Security for Low-Income Americans
By Commonwealth In 2016, the team from Commonwealth, a nonprofit dedicated to building financial security and opportunity, had the privilege of meeting Sharon (not her real name), one of the winners of our SaveYourRefund tax-time savings promotion. Born into a low-income family, Sharon had achieved all the things prescribed for getting ahead: she graduated from...
Jun 13, 2018 10:35 AM ET
Multipliers of Prosperity: Social Platforms, Social Change
Every month, Donna Bowen of Mattapan, Massachusetts, communicates with around 45 complete strangers. Some are looking for advice on saving or credit-building, while others want to compare notes on issues like housing or education. They come from all places: not just nearby Boston, but Detroit, Albuquerque and Oakland. Each has a personal goal in mind—like purchasing a home, getting out of debt...
Jun 7, 2018 9:20 AM ET

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