CGAP has identified dozens of consumer risks facing digital financial services users around the world, and emerging evidence suggests women are more at risk than men. Here are some ways to mitigate these risks for women.
COVID-19 has led millions of women to open accounts, spurred investments in digital infrastructure, and built momentum around women’s financial inclusion. By taking the right steps, we can push women’s financial inclusion further than ever before.
Gender transformative approaches are good for business. How can companies accelerate their adoption? Insights from recent CGAP and IDH – The Sustainable Trade Initiative events point to a number of answers.
As big techs and other platforms ramp up their financial service offerings in emerging markets, regulators can look at developments in advanced economies to get a glimpse into the data protection issues they will need to consider.
Between the global big techs and the local unicorns, platforms will soon be a major force in financial services if they are not already. Here are the three main sets of challenges they pose for regulators.
Digitization can benefit microfinance institutions (MFIs), but it also creates regulatory complexity. Losing sight of the regulatory environment can lead to costly mistakes. Here are three regulatory aspects of digitization for MFIs to consider.
The reverberating effects of COVID-19 continue to pose challenges for segments of the microfinance sector. Here are three areas where a coordinated response among microfinance stakeholders will be important going forward.
Rural women have less access than men to the labor they need to power their farms. This drives a gender gap in agricultural output and constrains women's incomes. Financial services could be part of the solution.
Microfinance institutions are often unprepared to manage the changes that come with digitization. The good news is that through effective change management, they can digitize successfully and generate value for themselves and their customers.
Teenage men and women in Kenya and South Africa adopt formal savings accounts at similar rates. But when they hit their 20s, men continue to adopt formal services while women begin gravitating toward informal services. Why?
Pay-as-you-go (PAYGo) solar has enabled energy access for around 27 million customers. Funders can help PAYGo providers further close the energy access gap — while advancing financial inclusion — by focusing on these priorities for the sector.
With customer data and a credit scoring algorithm, AgroMall set out to offer ag financing to women. The challenges it encountered show why the biggest barrier to women’s financial inclusion isn't always lack of tech or data: it's often social norms.