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Compass Plus – Can prepaid cards drive financial inclusion?

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Compass Plus - Can prepaid cards drive financial inclusion?

by Boris Demin, Vice President & Managing Director, Americas

In recent years, there has been significant progress made towards financial inclusion. According to the World Bank’s Global Findex data, more than 1.2 billion adults worldwide have gained access to financial services since 2011, and today 69% have a bank account. However, there is a long way to go, with close to one-third of adults (1.7 billion) still classed as unbanked.
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