World Bank to consider impact of lacking ID on digital financial inclusion for women

A blog post by the World Bank shares that an upcoming World Bank paper will recommend ways to close the gender access gap to digital financial services.

Limited financial literacy, a lack of identity documents, and cultural constraints are major barriers for women in accessing financial products, World Bank research indicates. Additionally, low digital literacy, smartphones, and lack of internet access limit their ability to take advantage of the expanding landscape of digital financial tools.

A lack of supply-side …

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