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Mobiles and Youth Financial Inclusion:
What are the Trends and Future Prospects?


March 11th New York Salon - RSVP Now

In the youth-heavy developing world, economic opportunities for the 15-24 year old age bracket are a major concern for development practitioners. Increasing youth financial inclusion – in other words, the access and capabilities needed to use appropriate, often formal, financial products and services – could help low-income youth to better navigate the financial landscape and increase their economic empowerment.

Reaching youth has been a challenge, however, particularly those living in rural or remote areas or those at the bottom of the economic pyramid.

RSVP NowNew technologies - especially mobile devices – are making millions of otherwise “unconnected” youth potentially reachable by providers of mobile money services and other money-managing tools. A number of barriers need to be overcome, however, before financial inclusion for youth through mobiles will reach its full potential.

These include issues with infrastructure, cost, culture, usage of mobiles, government regulations and other challenges, including in many cases higher barriers for girls. In addition, policy changes have been difficult to develop due to a dearth of in-depth data on how youth use mobiles and how they currently manage their money.

Please RSVP now to join Tim Nourse, Making Cents; Peter Goldstein, Intermedia; and Jamie Zimmerman, Bankable Frontier Associates; for a look at current trends and future prospects of youth financial inclusion in the mobile/digital age.

Key questions we will discuss include:
  • What do we mean by “financial services”? And what do we mean by ”youth”? How does age impact on the ability to access or deliver financial services by mobile?
  • How “included” are youth in mobile/digital financial services now? What does recent research from the Financial Inclusion Insights project and the Global Assets Program tell us?
  • What sort of youth-focused savings accounts and other financial services are being developed that could be leveraged through mobile devices?
  • Which regions/countries have the most potential to advance mobile/digital financial inclusion for youth and why?
  •  Is it possible to take advantage of young people’s easier acceptance of new technologies to accelerate financial inclusion? How can we ensure that girls, rural youth, youth with disabilities and other potentially vulnerable groups are not excluded?
  • What is the role of financial literacy and digital literacy in advancing financial inclusion?
We’ll have hot coffee and a light breakfast. Seating is limited, so be sure to RSVP quickly to be confirmed for attendance. Once we reach our 30-person capacity there will be a waiting list.
Mobiles and Youth Financial Inclusion
Technology Salon New York City
9am – 11am
Tuesday, March 11, 2014
Population Council
One Dag Hammarskjold Plaza, 9th Floor
New York, NY 10017 (map)


About the Technology Salon

The Technology Salonâ„¢ is an intimate, informal, and in person, discussion between information and communication technology experts and international development professionals, with a focus on both:
  • technology's impact on donor-sponsored technical assistance delivery, and
  • private enterprise driven economic development, facilitated by technology.
Our meetings are lively conversations, not boring presentations. Attendance is capped at 30 people - and frank participation with ideas, opinions, and predictions is actively encouraged. 

It's also a great opportunity to meet others motivated to employ technology to solve vexing development problems. Join us today!
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