Digital Financial Services: Financial inclusion is a concept that embodies an ethos of not only extending the reach of financial services and the capacity of financial service providers, but ensuring that those services are appropriate for their intended market.
In Emerging Economies, the term financial inclusion generally refers to enabling organizations to extend the reach of their services into the unbanked market, for example by creating a mechanism to provide services to remote rural communities, or creating financial services at a cost that is appropriate to lower-income communities, or developing an increased capacity to provide services to the majority of the population — or a combination of all three.
The Spartan Solutions team's unrivalled experience in developing and delivering services aimed at financial inclusion in both the Industrialized and the Emerging Economies means that we are able to support our clients at every stage of the business cycle, from launch to service. Benefits to the Sovereign National Identification System and supporting Digital Financial Services include: