-
2020 Will See Mass Market Adoption of Financial Inclusion. Here’s Why.
For many years financial inclusion has been considered a social initiative, part of corporations’ “doing good” role. But according to Josh Gosliner at Juvo, it’s becoming clear that there has to be a bottom-line incentive for companies to direct the necessary resources to the problem. He explores three trends, powered by the emergence of digital technology and big data, that promise to generate transformative business opportunities in financial inclusion in the coming year.
- Categories
- Finance
-
‘Are We There Yet?’: How to Deal with Delays – And Other Challenges – In Acquiring Financial Transaction Data
“Are we there yet?” It’s a familiar refrain to any parent who has taken a child on a long journey – and it's also a common dilemma for programs that promote data-driven decision-making in financial inclusion. As Karen Kühlcke at insight2impact explains, requests for financial transaction data from external organizations can involve delays of several months, even as the partner confidently claims that “the data is arriving soon.” She explores how to manage this challenge to gain faster data access.
- Categories
- Finance, Technology
-
Mastercard and Rabobank Roll out Financial Inclusion Platform for Farmers in Emerging Markets
Many smallholder farmers in these countries have limited access to market information, finance and management skills, leading to insecurity, inefficiencies and unsustainable business practices. Through the platform, farmers can connect with potential buyers, access mobile payment tools, and build a digital transaction record that can be used to access formal credit from a financial institution.
- Categories
- Agriculture, Finance
-
For Non-Profits Working With Facebook, Libra Isn’t Such a Crazy Idea
Were these do-gooding organizations brought on as mere window-dressing? Women’s World Banking and Mercy Corps tell CoinDesk they won’t stick around if their missions aren’t served by Libra.
-
The $100 Trillion Opportunity: The Race To Provide Banking To The World’s Poor
Companies like Tala are at the forefront of the race to deliver rudimentary financial services to the 1.7 billion people on the planet who lack even a bank account. Providing them with the basics of credit, savings and insurance is one of the great challenges and opportunities of the century.
- Categories
- Finance
-
Empowering Female Entrepreneurs: Solutions to Five Key Barriers to Women’s Financial Inclusion
In developing countries, only 59% of women have a bank account – an issue VisionFund is addressing through its Women’s Empowerment Fund. But though the fund has supported thousands of female-led businesses, it has also faced persistent challenges – many of which are unique to women. Johanna Ryan, VisionFund's Global Director of Impact, discusses five obstacles the fund has encountered, and how they've responded.
-
Bringing Digital Financial Inclusion to Women: The Impact of an Integrated Ecosystem Approach
Despite many global initiatives aimed at catalyzing formal banking, almost 1 billion women remain excluded from the financial economy. According to Ankur Seth and Neha Kumar at Intellecap, it's now clear that financial inclusion for women cannot be attained by simply giving them an account or internet access. Instead, it will require an integrated digital financial ecosystem designed for women's needs – an approach Intellecap is piloting in India.
- Categories
- Finance
-
MTN, Barclays to Broaden Financial Inclusion in Zambia
KASAKA is an interest-bearing savings account that is available to all MTN Mobile Money customers by Barclays Zambia via the JUMO platform and serves as the next step in widening the offering of financial services products to the unserved and underserved population in Zambia.
- Categories
- Finance
- Region
- Sub-Saharan Africa
Parent Organization
