Technology, Opportunity & Access: Understanding Financial Inclusion in the U.S.
Published on Tuesday, July 28, 2015 | Updated on Sunday, May 13, 2018
Document number 15/25
Technology, Opportunity & Access: Understanding Financial Inclusion in the U.S.
Although the U.S. is regarded as having a well-developed and deep financial system, financial inclusion continues to be a challenge for many communities and households. Using four databases with over 4 million data points and a PCA methodology, we developed the FIMI for 251 Metropolitan Statistical Areas, to help us identify the main determinants behind financial inclusion