Bank accounts today once again outnumber mobile money accounts in Kenya -- by over 30 percent. Innovations like PesaLink have helped banks achieve this growth, showing that banks can thrive in the face of mobile money.
In Kenya, where nearly everyone knows about mobile money and a majority live within walking distance of an agent, why do nearly 2 in 10 adults lack access to formal financial services? And what can be done to reach them?
Despite global progress toward universal access to financial services, the gender gap remains at 9 percentage points in developing countries. Here's a look at what the 2017 Global Findex tells us about women's access to financial services.
Mobile money is driving overall progress in financial inclusion in Côte d’Ivoire, but it’s also highlighting a digital divide that could leave excluded segments behind if not dealt with through smart policy.
Low-income households often struggle with health expenses, and inadequate access to quality health care can drive families into poverty. To achieve good health and well-being, UN Sustainable Development Goal 3, financial inclusion can and should play a critical role.