Simple Messages Help Consumers Understand Big Data
After experimenting with SMS messages with Tanzanian microfinance loan applicants, First Access determined that customers can learn a lot about data and their privacy from simple forms of communication.
It's Time to Listen to the Voice of the Consumer
Credit-scoring consumers via advanced analytics on non-traditional data sources has tremendous potential for expanding the boundaries of financial inclusion. Done right, it can deliver cheaper, better financial services to under-served consumers in emerging markets.
Leveraging Mobile Phone Data: Tiaxa’s Balance Advance
Tiaxa's balance advance service is making 50 million advances each month to prepaid mobile subscribers - generally at no extra cost to the end user. How does it work? Big data plays a part.
How Analytics Drive Innovative Financial Services for the Poor
Advanced data analytics can be used in a variety of ways to support financial services for the poor. Agent network optimization and creating more effective marketing strategies are just two examples among many possibilities.
Big Data for Financial Inclusion: Is Boring Better?
Big data has the potential to solve important pain points in financial services for the poor - especially through identity verification and real-time validation of credentials.