WOCCU ‘Hub C’ Initiative Allows Credit Unions to Test Digital Innovations
World Council of Credit Unions (WOCCU) yesterday launched a new initiative that allows credit unions in emerging markets to test innovative digital products and solutions that could benefit members and attract new customers.
Crendly’s Character-Based AI Revolutionizes Access to Finance in Nigeria
The AI-driven nature of Crendly’s API will extend new capabilities to financial institutions by adapting and growing with new data to allow them transcend traditional boundaries in credit provision.
Four Major Challenges Faced by Mobile Money Users in Senegal
As access to digital finance grows, so do the risks. A concrete action plan involving all stakeholders is needed to address them.
Blockchain Firm Jia Records $2M in Microfinance Originations in the Philippines, Kenya
Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.
Digital IDs Support Financial Inclusion in PNG, Govt Services in Cyprus, Bosnia, Barbados
Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.
Rawbank’s illicocash & Mastercard Team to Launch Virtual Cards
The strategic partnership aims to facilitate financial inclusion by providing consumers and businesses with a new and effortless way to conduct e-commerce transactions in the Democratic Republic of Congo.
Fintechs Transform Banking Landscape in Argentina, Reaching Full Population Coverage
The Argentinian Central Bank recently announced that, with the assistance of non-traditional players such as fintech, the financial system is on the verge of achieving full coverage for the adult population.
The Impact of Mobile Money Interoperability on Financial Inclusion
This report assesses the impact of mobile money interoperability by considering the economic literature on interoperability more generally and utilizing a case study approach in five mobile money countries: Ghana, Kenya, Malawi, Rwanda and Tanzania.
The Promises of Digital Bank Accounts for Low-Income Individuals
This study tests the extent to which the promises of digital modes of payment, increased efficiency of transactions, increased financial inclusion, and improvements in the financial well-being of low-income individuals, are fulfilled.
Digital Cash Transfers for Emergency Response: Lessons From Cameroon
This research shares findings from an evaluation in 2021 documenting lessons learned from digital government-to-people (G2P) payments to eighty thousand beneficiaries, mostly women, in Cameroon.