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Accelerating female inclusion with biometrics
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 …
biometric-authentication biometrics biometrics news consumer consumers control critical digital-identity earnings economy female financial inclusion financial services idex biometrics inclusion industry insights period spending women world
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