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Transcripts For CSPAN3 Access To Financial Systems 20170913

Thats financialinclusion. So youre welcome to make any comments that you would like. So there are nearly 2 billion adults globally who do not have bank accounts. This makes it very difficult to Access Financial services, pay bills, or transfer money to relatives. In addition, it is hard in those circumstances to be an entrepreneur when you are outside the formal Financial System. Its difficult to gain access to capital or form a business when you lack basic Financial Services. But the good news is that many nations have made commitments to expanding Financial Services for the poor. They understand that Financial Inclusion is vital to Economic Development and social inclusion. And so as a result they are developing Financial Inclusion policies and implementing a new framework that encourages inclusion. So today ryan lewis, John Villasenor, and myself are launching our third annual brookings scorecard measuring progress on Financial Access and usage with the support of the bill and Melin

Transcripts For CSPAN3 Access To Financial Systems 20170913

Next, a look at how Digital Technologies have impacted Financial Inclusion in the u. S. And abroad. Researchers at the Brookings Institution spoke about the data followed by a panel on the challenges that still exist. This is just under 90 minutes. Good morning. Im gerald west, Vice President of government stud sxwriz director of the center for Technology Innovation at the Brookings Institution. And i would like to welcome you to our forum on Financial Inclusion. And we are webcasting this event live. So wed like to welcome our viewe viewers. And also those of you who have tuned in via cspan. For those of you who are wishing to post comments, during the forum we have set up a twitter feed at financialinclusion. Thats financialinclusion. So youre welcome to make any comments that you would like. So there are nearly 2 billion adults globally who do not have bank accounts. This makes it very difficult to Access Financial services, pay bills, or transfer money to relatives. In addition, it

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