Tanzania: New Data Initiative to Boost Tanzania Financial Inclusion

Monday, June 25, 2018

By Alex Malanga

A new partnership has been inked to boost financial inclusion.

The Financial Sector Deepening Trust (FSDT) and the Financial Sector Deepening (FSD) Africa on Tuesday, June 19, announced the partnership with NMB Bank, Jamii Africa and Resolution Insurance to develop innovative and successful financial products and services.

The three financial partners have been selected through a rigorous competitive process that involved a call for proposal that was advertised in newspapers and the FSDT website to encourage all financial service providers to apply.

Under the partnership known as ‘DataDisrupt’ project, financial services providers will be provided with the opportunity to use evidence generated from internal and external data sources to innovate and deliver affordable financial products and services that respond to the needs of their customers.

Photo courtesy of Institute for Money, Technology and Financial Inclusion.

Source: AllAfrica.com (link opens in a new window)

financial inclusion