Mobile Money: IT for Tackling Global Poverty?

Did you know that 2.5 billion people in the world are without bank accounts? For many people in developing countries, it is simply too expensive to maintain a traditional brick-and-mortar bank account or the distance to a bank or ATM is too far to travel. This translates into greater economic insecurity for the people who need it most. You also may not have known that 2 billion of these people now have access to a cell phone, and that new mobile banking technologies are allowing millions … [Read more...]

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