Household Characteristics of the Unbanked
However, while low fees for sending money abroad are undoubtedly a huge help for many, this doesn't address several of the day-to-day challenges that the unbanked
According to FDC, the most obvious lever telco PSBs have to decrease the unbanked
population is their large customer base; the telcos could use their existing financial technology (finTech) capabilities to increase the number of adults that are granted access to simplified, quality and affordable financial services.
Launched in May 2018 and designed around the principles of inclusion, responsibility, and transparency, the fintech firm seeks to serve the unbanked
and the underserved.
Headquartered in Hong Kong, TNG FinTech Group is an industry pioneer providing next-generation financial services to the 1.2 billion unbanked
population in Asia through its e-wallet platforms.
The launch coincided with the introduction of "#KayaNa: Unbanked
Filipinos No More Movement."
JTB's conviction is that financial inclusion contributes to alleviating poverty and to speeding up economic development by integrating the unbanked
and needy into the mainstream of economic activity and effectively harnessing their potential contribution to their communities.
Idaho has a lower rate of unbanked
people, 2.3 percent, than its surrounding states.
households without a bank account fell, according to the results of the 2017 biennial National Survey of Unbanked
and Underbanked Households released today by the Federal Deposit Insurance Corporation (FDIC).
Islamabad -- Tez Financial Services, the first fully digital Non-Bank Microfinance Company (NBMFC) focused on serving the unbanked
and underbanked in Pakistan, today announced that it has raised USD$1.1 million in a seed round led by Omidyar Network, the impact investment firm established by Pierre Omidyar, the founder of eBay.
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" population appeared first on TahawulTech.com.
A lot of farmers are unbanked
, so they rely on cash.