[May 29, 2015] |
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Monthly Report To Track Financial Inclusion Landscape
PYMNTS.com,
the premier source of news and commentary on innovation in payments and
commerce, and Mozido,
a mobile financial services, loyalty and retail solutions company are
pleased to introduce the PYMNTS.com
Financial Inclusion Tracker. This collaborative report, powered by
Mozido, is designed to provide an understanding and an organizing
framework of the financial inclusion landscape.
An estimated two billion working-age adults globally do not have access
to the types of formal financial services delivered by regulated
financial institutions. High costs, documentation requirements and long
travel distances to financial institutions are just some of the reasons
why so many people - especially in developing countries - cannot access
basic financial services. These unbanked populations pay higher fees,
have significantly more inconvenience, struggle to manage cash flows and
have difficulty accessing funds to manage through crises.
Providing these populations with affordable, convenient access to
financial services is a primary objective in many regions around the
world, increasing leveraging their mobile phones. The PYMNTS.com
Financial Inclusion Tracker will track and report the
companies that are working to bring digital financial services to the
unbanked and underbanked populations around the world, while also
categorizing monthly news and trends ithin the financial inclusion
ecosystem.
For more findings of the PYMNTS.com Financial Inclusion Tracker, you can
get a copy of the Index here.
About Mozido
Mozido's mobile payments platform includes mobile
financial services, loyalty
programs, and mobile
offers for business and retail. Through its white-label, cloud-based
platform MoTEAF,
Mozido serves people around the world who choose to manage their money
using their mobile phone rather than relying on traditional financial
institutions. Mozido's MoTEAF platform is highly interoperable, works
with virtually any wireless carrier or mobile device, and integrates
easily with products from other vendors. For more information, visit us
at mozido.com.
Follow us on Twitter (News - Alert): @Mozido.
About PYMNTS.com
PYMNTS.com is
reinventing the way in which companies in payments share relevant
information about the initiatives that shape the future of payments and
commerce and make news. This powerful B2B platform is the #1 site for
the payments and broader commerce ecosystem by traffic and the premier
source of information about "what's next" in payments. C-suite and VP
level executives turn to it daily for these insights, making the PYMNTS.com audience
the most valuable in the industry. It provides an interactive platform
for companies to demonstrate thought leadership, popularize products
and, most importantly, capture the mindshare of global decision-makers.
PYMNTS.com, where the best minds and best content meet on the web to
learn "What's Next" in Payments and Commerce.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150529005107/en/
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