We’ve written previously about the potential of mobile banking to help marginalized populations overcome poverty’s debilitating effects. Elsewhere, you can find extensive data on the enormous financial potential of mobile banking. Indeed, the alignment of corporate and development interests in the sector suggests a sustainable, double bottom-line opportunity.
Through strategic cooperation, mobile operators, governments, and financial experts can each achieve their respective goals — profit for the former, improved livelihoods for the latter two — and empower the poor to securely save, better manage day-to-day risk, and seize new opportunities to improve their lives.