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Digital Financial Services Could Fast-Track UN SDGs
Change is afoot in Africa as governments work tirelessly to identify their most vulnerable citizens for emergency disbursements. Banks, mobile money operators and Fintech firms are providing innovative solutions to meet their client needs and this may be a significant opportunity for lasting positive change.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Southeast Asia’s Fintech Startups Face Shakeout From Coronavirus
The coronavirus is unlikely to halt the rapid advance of fintech firms in the emerging landscapes of Southeast Asia. Along the way, however, it is amplifying the gains of some startups while inflicting pain on many others.
- Categories
- Coronavirus, Finance
- Region
- South Asia
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Viewpoint: The Importance Of Payments: How Happy SMEs Make Happy Economies
Some still believe instant payments are a luxury that businesses simply do not need. After all, payments have always taken days or weeks in the past. But if we look back over the past 15 years or so, we can see significant change in the market yet comparatively little change in the payment processes and timescales involved.
- Categories
- Entrepreneurship, Finance
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Co-Existence of Cash and Digital – the Key to Financial Inclusion Amidst COVID-19 Pandemic
In these critical times, the Government & Regulatory Bodies like National Payment Corporation (NPCI) of India have urged people to opt for digital or contactless payments. There were two main reasons for this. Firstly, using digital payments would reduce social/physical movement of people and secondly it will minimise any possible risk of spreading virus via cards or ATMs.
- Categories
- Coronavirus, Finance
- Region
- South Asia
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Stronger Together: Why MIX and the Center for Financial Inclusion are Joining Forces
Yesterday came news that two key players in financial inclusion are joining forces: MIX, for nearly 20 years the chief data resource for inclusive finance, and the Center for Financial Inclusion, a leading independent think tank housed at Accion. Tillman Bruett at DAI and Greta Bull at CGAP discuss the significance of this merger for the organizations and the sector.
- Categories
- Finance
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Cash, Long a Refuge in Uncertain Times, Now Under Suspicion
This time cash itself, passed from hand to hand across neighborhoods, cities and societies just like the coronavirus, is a source of suspicion rather than reassurance.
- Categories
- Coronavirus, Finance
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Debt ‘Bigger Threat Than Virus’ in Cambodia
Many MFI loans are collateralised by land titles, leaving millions at risk of losing their homes and property should they default. Those forced to sell their land face abject poverty.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Biometrics Support Financial Services Efficiency in Malawi, Nigeria and Ghana as UNHCR Ramps Up in Niger
The biometrics business continues as normal in parts of Africa.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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