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Financial Inclusion at the Bottom of the PyramidBy Karl Mehta, Carol Realini
PDF Download Financial Inclusion at the Bottom of the PyramidBy Karl Mehta, Carol Realini
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As incredible as it may seem in this hyper-connected, technologically advanced era, half the planet's population exist as "Financial nomads"-those who nourish and shelter themselves without using traditional banking services. While the wealthy live at the top of a metaphorical pyramid, taking financial security and banking services for granted, there are billions of people who struggle at the pyramid's base in an exhausting state of financial exclusion and insecurity. Times are changing rapidly, but despite global uncertainty, technology has the capacity to reach and equip people in all walks of life. Advances in communications have reconfigured the ease with which we interact with our money-and these advances can provide innovative financial services to the unbanked and underserved around the world. Financial inclusion for all is indeed within our reach, and with this conviction, authors Karl Mehta and Carol Realini propose a vision for a better world and a blueprint to get there.
- Sales Rank: #986272 in Books
- Published on: 2015-07-14
- Original language: English
- Number of items: 1
- Dimensions: 9.02" h x .58" w x 5.98" l, .84 pounds
- Binding: Paperback
- 256 pages
Review
"The book reads like a fast-paced novel. I could not put it down and I can't wait for the sequel to find out what happens next. It should be compulsory reading for every central bank, ministry of finance, and government official who is serious about empowering people. Every senior executive of any bank worth its salt should study this. There is something in it for everybody. "
--Brian Richardson, CEO of Wizzit
"Navigating the complex layers of the financial inclusion space is not an easy task, but Karl Mehta and Carol Realini manage to paint a clear, detailed landscape of the issues and challenges at hand with effortless prose that keeps us captivated and informed from start to end."--Rodger Voorhies, director of Financial Services for the Poor, Bill & Melinda Gates Foundation
"The book highlights that financial inclusion is a problem in developed and developing countries and spotlights the innovations that have already had an impact on the life of the unbanked and under-banked and others that hold great promise. Serving the bottom of the pyramid requires fundamentally different approaches and collaboration among interested private and not-for-profit actors as well as governments. "--Gaiv Tata, former director of Financial Inclusion and Infrastructure Global Practice of the World Bank
"Not only was it an easy and enjoyable read--it was authoritative and credible, written by those who are obvious experts in their field. The personal and real-life experiences supporting the concepts developed around innovation makes the content accessible to anyone--even to those who are new to the concept of financial inclusion. This is a book full of real knowledge and will help readers appreciate what authentic financial inclusion is. "
--Jojo Malolos, former CEO of Smart Hub (Smart MC joint venture)
"The end of poverty is coming our way,, and this brilliant book explains how and why."
- Professor Jeffrey Sachs, Director of the Earth Institute at Columbia University
About the Author
An expert in financial service innovation, CAROL REALINI is a serial entrepreneur and globally-recognized technology pioneer. Attending the World Economic Forum, she led global discussions on alternative banking. Recognized as a top woman in Silicon Valley, she sits on boards and advises financial services and mobile companies. For more information, please visit carolrealini.com
KARL MEHTA is a serial entrepreneur and venture capitalist in Silicon Valley. He was founder & CEO of PlaySpan (acquired by Visa), a global alternative payment network. Karl served as the White House Presidential Innovation. He is an active investor in Edtech and Fintech and founder-CEO of EdCast Inc. For more information, please visit openfininc.org, edcast.com/FinIncBOP, and edcast.com/karlmehta
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