An emerging set of cloud-based platforms are bringing identity and vital services to communities that were previously left behind.
Whether providing a reliable address, delivering financial access or capturing relevant personal information, these solutions are empowering individuals to advance in modern society.
- Creating digital representation allows more individuals to participate in the global economy, leading to greater resource exchange and global trade growth.
- Expanded identification systems enable governments, aid organizations and businesses to accurately gauge the scale of needs and fundraise or allocate resources effectively.
- Increased financial tracking improves accountability in the distribution of aid, resources and funds.
$380 Bringing unbanked adults and businesses into the formal banking sector could generate $380 billion in new revenues for banks.
24% of people in emerging and developing countries own a smartphone.
20% of all American households are underbanked.
2.41milion Americans collectively owe more than $1.2 trillion in student loans, making it the second largest class of consumer debt, behind mortgages.
34% of households in developing countries have Internet access.
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