Press release: ITU tackles financial inclusion for 2 billion people

ITU focus group on Digital Financial Services hosts telco and financial services regulators from across the globe in Kuala Lumpur

Geneva, 16 September 2015 – Almost a year after its launch, the ITU Focus Group on Digital Financial Services (DFS) for Financial Inclusion is preparing to host its global meeting to discuss how the international telecommunications and financial services communities can work together to tackle one of the world’s most challenging social and economic issues: access to formal financial services by the world’s poorest two billion people. The Focus Group, incorporating 60 organizations from some 30 countries, aims to bridge the gap between telecommunications and financial services regulators, and the private and public sectors. Representatives from across the DFS ecosystem will pragmatically address some of the major issues currently preventing DFS from serving the unbanked.

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