Welcome to The Jameel Cast, episode 10.
Financial exclusion isn’t confined to the world’s poorest people. It is widespread. It is overlooked. And it is a notoriously difficult trap from which to escape.
Altogether, around a quarter of the world’s adult population – an estimated 1.4 billion people – do not have access to a bank account or appropriate alternative such as a building society or credit union.
A further half of adults qualify as ‘underbanked’, relying solely on cash and lacking any avenues of credit.
Forward-thinking governments are taking a more proactive approach to increasing financial inclusion. More than 60 countries have launched national financial inclusion strategies with input from multiple stakeholders spanning telecoms, the environment, education and financial regulation.
In this episode, your AI host, Alex and regular contributor, Jade, explore how technology can be part of the solution.
The Jameel Cast is the official generative AI podcast of Abdul Latif Jameel, available where you get your podcasts. You can read more of our 'Perspectives' thought leadership articles at alj.com.
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