Hand Colored Staff Pawns In Circle Source: Adobe Stock

Financial inclusion is a popular cause in the financial industry today, and for good reason. However, very few people working in finance or banking have experienced what it means to be excluded from the financial system. This is a worldwide issue; roughly 1.7 billion adults globally are unbanked according to Findex.

There are plenty of gaps that currently exist when it comes to enhancing financial inclusion in communities. For example, a highly paid executive at a major technology firm in India could decide to move to the U.S., but that executive will still likely face difficulties opening a deposit account because they lack the required U.S. documents.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.