University Scholar Series: Susanna Khavul
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Is Mobile Money a Digital Gateway to Financial Inclusion?
Large segments of the world’s population have no access to formal financial services and are considered financially excluded or unbanked. The vast majority live in developing countries, yet in the U.S., fifty million adults and their fifteen million children are underbanked and vulnerable. The recent widespread introduction of mobile money has made low-cost transfers, payments, and financial services available to a much wider segment of the population than the banking sector could reach in the past. Although widely adopted, the fundamental questions of whether mobile money fosters financial inclusion or is an effective tool for poverty alleviation remain unanswered. Khavul will build on an interdisciplinary research program and offer insights into the digitization of financial services. Such reflections prove timely given the increasing number of Silicon Valley firms that are creating more diverse and complex FinTech solutions, at least some of which seek to close the gap in financial inclusion.
Date of Event
Khavul, Susanna, "University Scholar Series: Susanna Khavul" (2021). University Scholar Series. 45.