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- Access to banking services is spreading throughout the developing world7 May 2018—The Economist GroupIN 2017 the number of people without access to banking services fell to 1.7bn, down from 2.5bn in 2011, thanks largely to the rise of mobile-payment apps. Physical banks and ATMs can be expensive to setup, especially in rural areas, but the rise of mobile banking has meant that for the first time, hundreds of millions of people living in the developing world now have access to finance. According to the Findex, an index compiled by the World Bank, only 69% of adults around the world have bank...
- Women’s wealth is rising8 Mar 2018—The Economist GroupMARCH 8th, International Women’s Day, always brings a flood of reports about gender inequalities in everything from health outcomes to pay and promotion. But one gap is gradually narrowing: that in wealth. As money managers seek to attract and serve rich women, and as those women express their values through their portfolios, the impact will be felt within the investment industry and beyond. According to the Boston Consulting Group, between 2010 and 2015 private wealth held by women grew from...
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