In pursuit of greater financial inclusion: How one man’s vision is lifting millions out of poverty

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lukas Bester, Freelance Researcher and Writer – World Economic Forum, Sustainable Development Consultant in Emerging Markets Taejun Shin was born and raised in Japan as the son of Korean immigrants who became stateless around the time of Japan’s […]

How new technologies create a pathway to financial inclusion

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Salim Arda Ermut, Chief Executive Officer and Member of the Board, Turkey Wealth Fund Financial inclusion is key to creating a fair, equitable society, as well as a thriving economy. However, there are challenges to fostering financial inclusion, […]

It’s time for a rethink on financial inclusion – new principles show how

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ajay S. Banga, Executive Chairman, Mastercard While technology has served as a gateway for many, patchy internet access and the lack of affordable tools and access to digital skills has created a digital divide that risks barring the […]

How to harness AI and data portability for greater financial inclusion

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Laurent Le Moal, Chief Executive Officer, PayU, Naspers & Amelia Ng, Managing Director, SC Ventures, Standard Chartered Bank Around the world, 1.7 billion people still lack access to a formal bank account. Digital innovations, such as AI, are […]

These 5 industries can drive digital financial inclusion

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dan Salazar, Director, Mastercard & Carlos Monteverde, Product Manager, Mastercard What good is a hammer without a nail – or, for that matter, without a piece of wood? A hammer can be a powerful tool, but alone, it’s just […]

Financial inclusion in India is soaring. Here’s what must happen next

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ramesh Iyer, Vice Chairman and Managing Director, Mahindra Finance “Poverty is the deprivation of opportunity”, said economist Dr. Amartya Sen. Financial inclusion gives the financially weak the chance to change their economic circumstances and lead better lives. Why does […]

How banking with blockchain can stamp out corruption and increase financial inclusion

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Joseph Thompson, Co-founder and CEO, Aid:Tech Banking institutions were primarily built to provide a trusted intermediary between two parties, such as a borrower and a lender. Legitimate commerce required the use of an institutional bank. While banks have […]