-
How COVID-19 Is Affecting Microfinance
Specifically, lower-income groups in developing countries and emerging economies face not only the prospect of abject poverty in many cases but also the likelihood that their financial systems may not be sufficiently robust to help them through these dark times.
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
-
Enabling Ecosystems: How To Boost Fintech Innovation and Financial Inclusion During and After COVID-19
Lockdowns in response to COVID-19 have rapidly accelerated digitalization worldwide, particularly in finance. But as analysts from the University of New South Wales, the University of Luxembourg, the University of Hong Kong and GIZ point out, ensuring the safe and inclusive development of digital finance is a major challenge. They explore why an ecosystem-based strategy could be the answer.
- Categories
- Coronavirus, Finance, Technology
-
Maintaining a Critical Link To Last-Mile Customers: Challenges and Opportunities Facing Financial Service Agents During COVID-19
Agents are a critical last-mile link to financial services for lower-income households and micro- and small enterprises. But as the COVID-19 crisis has spread globally, it has had a profound effect on how agents operate, introducing new restrictions – and new responsibilities. Nisha Singh and James Robinson at Itad explore the findings from a recent report that highlights key strategies for building and managing high-performing agent networks despite the challenges of the pandemic.
- Categories
- Coronavirus, Finance, Technology
-
An Emerging Cornerstone of Last-Mile Distribution: The Power of Data and Process Digitalization
Social enterprises at the last mile are working relentlessly to close the gap in achieving the SDGs. But since their customers are generally underprivileged, they're also very sensitive to a product’s price, which means boosting efficiency is key to increasing these businesses' profitability. Thibault Lesueur and Simon Schaffner at Solaris Offgrid explore how process digitalization and interoperable software systems can streamline last-mile distribution and help these enterprises scale.
- Categories
- Energy, Entrepreneurship, Technology
-
COVID-19: Burden or Boon for Financial Inclusion?
When the Alliance for Financial Inclusion outlined its “Five Key Financial Inclusion Policy Trends for 2020” on January 17 of this year, the spread of the novel coronavirus was still in its infancy. Now that COVID-19 has wreaked havoc on the global economy, Robin Newnham at the Alliance for Financial Inclusion revisits those trends, viewing them through the prism of the pandemic – and finding both new risks, and new opportunities.
- Categories
- Coronavirus, Finance
-
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
-
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
- Entrepreneurship, Finance, Technology
-
Bank Mitras in India: How Agents of Financial Inclusion Were Neglected During the Pandemic
The bank mitras continue to work without defined working provisions and under inadequate remuneration, observed the AIBEA in a letter addressed to the bankers’ body.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
Parent Organization
