The Center for Financial Inclusion at Accion has created the Financial Inclusion 2020 Campaign, which aims to build a movement that mobilizes stakeholders around the globe to achieve full inclusion by the year 2020.
Innovators, often in developed markets, are piloting powerful new value propositions for customers building on digital channel attributes. Many of these solutions do not target the poor, but the implications can be easily extrapolated to poor and low-income customers.
Examining the cash flows of coffee and sugar farmers in Uganda for a CGAP-commissioned project revealed a seasonal cycle that is unsuited to monthly accounting practices. There are many ways that financial services could be designed to assist these farmers.
Rapid “digitization” of business and investment in financial technology have the potential to significantly improve access to finance for millions of micro, small, and medium enterprises worldwide, yet challenges remain. Can FinTech solve the access to finance problem for MSMEs?
There are now more than 20 digital credit offerings in Kenya, with new services launching continually. Hype is building around the potential opportunities these products could bring, but their rapid proliferation is also raising questions about risks.
Karandaaz Pakistan recently undertook the first-ever systematic review of digital person-to-government (P2G) payment efforts from across the globe. What did they find, and what are the implications for future P2G digitization efforts?