The Promise of Digital Finance
Financial inclusion is vital to inclusive economic growth and gender equality, and it has assumed a prominent role in global development efforts. With billions of people in emerging economies already using mobile phones, the means to introduce them to formal banking and financial services already exist.
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BERKELEY – An economic development revolution lies literally in the palm of a single hand. As mobile phones and digital technologies rapidly spread around the world, their implications for economic development, and particularly finance, have yet to be fully realized. The sooner that changes, the better for people worldwide.