Why is it that despite new technologies and widespread innovation, today's financial sector provides such ill-fitting products and services to so many people and leaves so many more entirely unserved? We are missing a huge opportunity for business, policy and society alike - a missed opportunity with lasting negative effects
Given the potential for great returns, a flurry of entrepreneurial activity has generated services to cater to individuals who live and work outside the financial mainstream. While not all of this activity is positive, a few promising innovations stand poised to increase financial inclusion in the U.S. and abroad.
Wherever she lives, no matter what country, when a woman controls her own finances she invests that money in ways that can bring about long-term change -- education for her children, health care and better housing for her family. But low-income women around the world are routinely denied access to the basic financial products that most of us take for granted.