NEW YORK (AP) — Roughly seven out of every 10 adults worldwide now has some form of a bank account, the World Bank said Thursday, largely due to by the proliferation of cell phone-based bank accounts and other simple bank account programs in places like India and Sub-Saharan Africa. The finding is a sign of the improved financial wellbeing of those living in developing countries and particularly women, who increasingly have a safe place to store their savings and are able to participate in the growing digitalization of the global economy. But women still lag behind their male counterparts in bank account ownership, the World Bank report said. An estimated 69 percent of adults had some sort of bank account in 2017, up from an estimated 51 percent in 2011 and up from 62 percent in 2014.Read more on NewsOK.com
Comment on Cell phones, biometrics fuel jump in bank account ownership
NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Thu, 04/19/2018 - 6:47am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more