Barclays Encourages Others To Follow Suit

The bank now calls on other financial institutions to follow suit and implement innovative savings models, enhanced by the latest technologies.

There are currently nearly 2 billion financially excluded adults around the world. Despite the introduction of mobile money and clever smartphone applications, 38 percent of all adults have no access to formal financial products. Working in partnership on a programme called Banking on Change with NGO’s CARE International and Plan UK, Barclays has set out to change this.