Articles by Sneha Stephen and Pooja Wagh
Xavier Giné (World Bank), Greg Fischer (London School of Economics) and Dean Karlan (Yale University) discuss the challenges and opportunities in designing digital financial services for the poor.
Financial education is a key strategy for achieving full financial inclusion. But in-person group training by a human trainer have failed to consistently improve beneficiaries’ knowledge and behavior, and they are often too costly to scale. Nowadays, however, individualized financial education can reach millions at a low cost via digital platforms. IPA is examining the impact and potential of these programs.