Financial Inclusion for All: How Cross-Border Payments Are Bridging the Gap in Emerging Economies

3 min read

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Financial inclusion, defined as providing access to useful and affordable financial products and services to all individuals and businesses, has become a key priority for emerging economies around the world. Recent estimates indicate that nearly 2 billion working-age adults globally lack access to formal financial services. The majority of financially excluded individuals reside in Africa, Asia, Latin America, and the Middle East – regions that contain most of the world’s developing economies. Lack of financial inclusion impacts both individuals and countries. On an individual level, not having access to banking, credit, insurance and other financial services makes it difficult to…...

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Kelroy James Kelroy James is a Supply Chain, Logistics & Operations Management professional with extensive expertise in successfully delivering organisational change, building quality working relationships with key customers and adept at working effectively to achieve goals both as a cross-functional team member and individual contributor. He is a Percy Hobart Innovation Fellow in the Royal Navy, DeFi Talent with Frankfurt School Blockchain Center, graduate of Aston University with a BSc (Hons) in Logistics and Operations Management, and recently completed a Micro Masters In Predictive Analytics using Python with the University of Edinburgh. With a keen interest in driving organisational improvements, he creates value for stakeholders by designing and implementing processes that integrate strategy, technology, and people.