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Asian Development Bank Supports Philippines Financial Inclusion Reforms With $300 Million Loan
ADB’s Inclusive Finance Development Program, Subprogram 2, is supporting reforms to help the government reach targets linked to the National Strategy for Financial Inclusion.
- Categories
- Finance
- Region
- South Asia
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Giving and Receiving: Understanding the Financial Flows Between Young People and Their Parents
Young people in many emerging markets tend to live in their parents’ homes until their mid-20s, leading to a complex, dynamic interplay of financial support between generations that's particularly relevant during COVID-19. Guy Stuart at Microfinance Opportunities discusses the results of a study exploring the implications of this support for financial service providers and financial inclusion in Morocco, Nigeria and Senegal.
- Categories
- Coronavirus, Finance
- Tags
- COVID-19, financial inclusion, research, youth
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Mobile Money Loans Eating Into Banks’ Lending – Report
Despite partnering with telecoms, banks continue to fill the impact of mobile money as it eats into their asset quality and profits.
- Categories
- Finance
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Mobile Money Payment Limits in Zimbabwe Frustrating Business, Consumers
The Reserve Bank of Zimbabwe’s decision to continue restricting mobile money transaction limits at a time inflation has been rising has negatively affected the ease of doing business and hurt small businesses and the marginalized.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: COVID-19 Lockdown: How Digital Lenders Can Contribute To Financial Inclusion in India
By introducing non-traditional sources of credit to a credit-starved population and small businesses, fintech lenders can help people get easy access to capital.
- Categories
- Coronavirus, Finance, Technology
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Viewpoint: The Critical Role of Microfinance Institutions Amidst the COVID-19 Pandemic
Microfinance Institutions (MFIs) have been critical in providing financial services for these vulnerable people and like their clients, MFIs are negatively affected by the economic impacts of the crisis.
- Categories
- Coronavirus, Finance, Technology
- Tags
- microfinance
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Lana Has Launched in Latin America To Be the One-Stop Shop for Gig Workers’ Financial Needs
Lana, a new startup based in Madrid, is looking to be the next big thing in Latin American fintech.
- Categories
- Finance, Technology
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The Game-Changing Potential of a Regulatory Sandbox: Why Creating a Safe Space for Digital Innovation Is a Necessity for Financial Inclusion in Bangladesh
While Bangladesh has made notable progress in accelerating financial inclusion, around 50% of Bangladeshis still remain unbanked. As Jakirul Islam at Bank Asia points out, this highlights a need for more technological disruption – and more regulatory innovation. He explores the potential of a “regulatory sandbox” approach, in which the government provides a safe harbor for businesses to test inventive new products, services and business models.
- Categories
- Finance, Technology
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