Posts by Isabelle Barrès
Technology has vast potential to improve lives, and fintech is no exception – but it also has some clear risks and downsides. And linking a complex industry like digital finance with client protection is no easy task. Lucia Spaggiari at MFR and Isabelle Barres at Accion’s Smart Campaign explore their organizations’ joint efforts to tackle this challenge through new client protection standards for digital credit providers. They invite people to provide input on these draft standards during the six-week public comment period, which runs until March 22.
The Smart Campaign offers certification to microfinance institutions that uphold its client protection principles. In the process, it has sparked debate on topics like responsible pricing, appropriate profits and the value of self-regulation. In response to recent criticisms of its certification process, Campaign director Isabelle Barrès lays out its perspective on these three issues.