Brazil proves boosting financial inclusion and giving underserved populations bank account access is a smartphone away. PayU Global Payments CEO Mario Shiliashki said it will take full-scale, joint efforts between traditional and nontraditional financial services players and regulators to bring financial services to those underserved populations and help them move beyond cash-based transactions. For the 1.7 billion unbanked and underbanked consumers and 200 million unbanked and underbanked small businesses, financial inclusion requires more than just technology.