ANALYST MATERIAL

Leveraging technology to promote financial inclusion

The percentage of unbanked adults (i.e., individuals unable or unwilling to use traditional banking services) across the globe remains relatively high, despite a recent rise in the number of people who bank through financial institutions (FIs). This paper by Oxford Economics and Red Hat explores the central role of technology in advancing financial inclusion, based on data compiled from a survey of 500 executives at FIs all over the world.

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