In addition, it is hard in the circumstances to be an entrepreneur when you are outside the foremost Financial System. It is 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 Service services for the poor and they understand that it is vital to Economic Development and social inclusion. As a result, they are developing Financial Inclusion policies and implementing a new framework that encourages inclusion. Today, robin lewis, john and myself are wanting our third annual Brookings Square card metering progress on Financial Access and usage with the support of the bill we have embarked on a threeyear study of inclusion in 26 developing countries. The short summary is that weve seen progress on Financial Services in many places and there are efforts to help marginalized populations and this is happening through mobile money and digital Financial Services. As part
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
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
For those of you who are wishing to post comments during the forum, we have set up a twitter feed at financialinclusion. So youre welcome to make any comments that you would like. So there are nearly two 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 the Financial Inclusion is vital to Economic Development and social inclusion. As a result they are developing Financial Inclusion policies and implementing a new frame works that encourage inclusion. So today robin lewis, john, and myself are launching our third annual brookings scorecard measurin
Paul ryan led a discussion on inflation and Financial Technology with policy experts and industry stakeholders. They discuss to elimination of Overdraft Fees, financial regulation, and editorial practices of payday lenders and checkcashing services. From the American Enterprise institute, this is one hour. Good afternoon, everybody. Whoa, the voice of god. Good afternoon, everybody. Thank you for joining us. It is nice to see familiar faces in the audience. I am excited about this Panel Discussion we have today. It is a very timely issue. The topic i am excited about talking about here is, the issue with working families, inflation, and how we can use fintech to solve some of povertys more pressing problems. Working families are facing sustained rising inflation, energy costs, food costs, and everyday life has gotten more expensive on an increasing basis. Workers either paychecks lagged behind. Businesses face a difficult time hiring. As we enter this time of Economic Hardship we know