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Spotlight Series: How to Foster Financial Inclusion in Modern Payment Ecosystems
Overview
Date
11:40 AM - 12:30 PM (0 hours 50 minutes)
Monday, April 28
Track
Payments in Practice
Spotlight Sessions
Event
In-person
There is an empirical link between increased volumes of real-time payments and a rise in financial inclusion. In this session, speakers present data covering 48 countries that shows examples of benefits to communities around the world. A continued focus on growth and adoption of real-time instant payments must be continued to drive further financial inclusion, but it must be balanced with the needs of different users to ensure digital inclusivity at the same time. Speakers in this session share evidence that instant payments can help with financial inclusion and explore what communities need from banking systems.