The Financial Access Initiative (FAI) believes that 2.5 billion adults worldwide do not have access to formal financial products (such as savings accounts, insurance) with either a traditional (regulated bank or carrier) or alternative financial institution (such as a microfinance institution). Approximately 90% of the unbanked live in Asia, Africa, the Middle East and Latin [...]
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Category: Executive Decisions Tags: gcash, grameen bank, icici, m-pesa, mobile money, smart money, unbanked
