Here’s progress worth celebrating: more people have bank accounts than ever before. But there’s still work to do. Roughly 1.4 billion people still can’t or don’t use any type of formal financial services, and most of those unbanked people live in low- and middle-income countries. Empowering more low-income people—and especially women—to use products that let them make and receive payments, save and borrow money, and get insurance is key to helping them lift themselves out of poverty.