June 12, 2023, 11:07 p.m. | Catharina Eklof

Biometric Update www.biometricupdate.com


By Catharina Eklof, CCO of IDEX Biometrics

Women are critical to the world economy yet remain largely underrepresented, and underbanked, consumers. They control around $20 trillion in annual consumer spending, which is expected to rise to as much as $28 trillion within the next five years. In the same period, women’s total yearly earnings of $13 trillion could also increase to $18 trillion. In total, women constitute a larger growth market than China and India combined, more than …

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