Category: Financial Industry

Those of us in developed countries have difficulty imagining what it would be like not to have access to a bank account — or any of the other benefits and security provided by basic financial products and services. For those in developing nations, it means they’re not able to save money or build credit. A …

The Bill and Melinda Gates Foundation set out with an ambitious goal: to change the way the world’s unbanked communities access money. Current digital payment systems exclude those in developing nations and those living in poverty without bank accounts and smart phones. The foundation engaged Crosslake to lead a team of developers from four separate …