Tackling the Unbanked Problem with an Open-source Approach
In a world where cash remains king, access to critical financial tools remains a problem far from being resolved. How we progress in the journey towards digital money and reduced cash usage is one of the crucial questions we should ask ourselves to start addressing this issue. Unfortunately, for a multitude of reasons, prominent actors in the financial services continue not to reach the underserved. What can be done to lower the cost and barriers to deploying financial underpinnings?
In the ninth episode of the After Hours by RedCompass Labs podcast, our very special guests, Mojaloop Foundation’s Executive Director, Paula Hunter, and Product Strategist, Lesley-Ann Vaughan, explore with our hosts why financial inclusion remains an unfinished project, how digital financial services are having a radical impact on the lives of many chronically underserved groups and the reasons to stay optimistic about the emerging digital economy.
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