New ITU resolution on the use of ICTs to bridge the financial inclusion gap
The International Telecommunications Union (ITU) Member States have approved at new resolution that consolidate ITU’s mandate on matters relating to digital financial inclusion , reports ITU . The except of the news can be read below “Two billion adults worldwide do not have a bank account, but among them, 1.6 billion have a mobile phone. Developing countries are capitalizing on the widespread use of mobile phones and information and communication technologies (ICTs) to bring all people within reach of financial services and out of poverty. Digital financial services show great potential to...