Who Is Still Unbanked, And What Can We Do About it?
Seven percent of U.S. households, a group roughly the size of the population of Australia, were “unbanked” in 2015, meaning they have neither a checking nor savings account. This is the lowest unbanked rate recorded since the survey first launched in 2009
How Does Mobile Banking Affect the Unbanked?
The absence of bank branches and the proliferation of high-priced alternative lenders in the region only underscore the importance of access to affordable financial services.