The rise of digital financial services could help bring 100 million women into the international labor force by 2025, according to a new report.
This could occur because digital financial services increase women's financial autonomy, support women's participation in the workforce and improve business performance.
G20 leaders agreed last year to bring more than 100 million women into the labor force by 2025, and a new report, "Digital Financial Solutions to Advance Women's Economic Participation" from the World Bank Development Research Group, Better Than Cash Alliance, Bill & Melinda Gates Foundation and Women's World Banking to the G20 Global Partnership for Financial Inclusion, outlined the role of digital financial services. The report also encompassed how to improve female economic participation, the challenges of increasing women's access to digital financial services, and how government and other sectors can foster an inclusive global economy.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
