Financial inclusion boosted by AI, open banking, education
6% of adults in the U.S. were ‘unbanked’ in 2023
Financial education, accessibility and overall inclusion has improved as technology has advanced in the past decade but many consumers remain unbanked or underbanked. The term “unbanked” refers to people who don’t use any financial institution; “underbanked” refers to those with insufficient access to financial services, according to Merriam-Webster. Only 50% of the global population had […]
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