Events

The 2017 Global Findex and the Fintech Revolution

May 17, 2018

Washington, DC and Online

  • Financial inclusion is a key lever to reduce poverty and achieve inclusive economic growth. When people participate in the financial system, they are better able to start and expand businesses, invest in education, and manage risks. Yet, as of 2014, two billion adults remained unbanked.  

    How far has the world moved toward universal financial access since 2014, and what are the policies and technologies driving progress? Join us for this talk as Leora Klapper unveils the latest global, regional, and national trends from the 2017 Global Findex. The Global Findex is the world’s most comprehensive set of data on how people make payments, save money, borrow, and manage risk. Launched in 2011, it includes more than 100 financial inclusion indicators that allow worldwide comparisons of adults’ access to financial services, including by gender, age, and household income.

    This third edition of the database was compiled in 2017 using nationally representative surveys in more than 140 developing and high-income countries. It includes updated indicators on access to and use of formal and informal financial services. It also features additional data on Fintech (financial technology) and digital financial services, including the use of mobile phones and internet technology to conduct financial transactions. The report discusses opportunities to expand access to financial services among the unbanked, and ways to promote greater use of digital financial services among the underbanked.

    The 2017 Global Findex database and accompanying report are available at http://globalfindex.worldbank.org.   

    This event was originally scheduled for April 23 but had to be postponed. It has been rescheduled for May 17.   

  • Image

    Leora Klapper

    Lead Economist

    Leora Klapper is a Lead Economist in the Finance and Private Sector Research Team of the Development Research Group at the World Bank. Since joining the Bank as a Young Economist in 1998, she has published on entrepreneurship, banking, access to finance, corporate governance, bankruptcy, and risk management. Her current research focuses on consumer finance, digital payments, and measuring financial inclusion.

    Image

    Asli Demirgüç-Kunt

    Director of Research

    Asli Demirgüç-Kunt is the Director of Research in the World Bank. After joining the Bank in 1989 as a Young Economist, she has held different positions, including Director of Development Policy, Chief Economist of Financial and Private Sector Development Network, and Senior Research Manager, doing research and advising on financial sector and private sector development issues.

    Image

    Greta Bull

    CEO, CGAP

    Greta Bull is the CEO of CGAP and a Director at the World Bank Group. Ms. Bull has more than 15 years’ experience in development finance. In her most recent role as a Manager in IFC’s Financial Institutions Group (FIG), she oversaw a large digital financial services advisory program in sub-Saharan Africa. The program is aimed at expanding the reach of traditional and non-traditional financial service providers, and also involves a significant research and knowledge sharing element. She has extensive experience working in emerging financial markets in Latin America, Central and Eastern Europe and sub-Saharan Africa.

  • The Policy Research Talks showcase the latest findings of the research department and their implications for World Bank operations. The monthly event facilitates a dialogue between researchers and operational staff so that we can challenge and contribute to the World Bank's intellectual climate and re-examine conventional wisdom in current development theories and practices. Read More »

EVENT DETAILS

  • TIME: 1:00 - 2:30 PM
  • Location: MC 13-121, World Bank Main Complex
  • CONTACT: Tourya Tourougui
  • ttourougui@worldbank.org
Watch Live on May 17