Can Smartphone-Supported Behavioral Biometrics Advance Digital Financial Inclusion?
Behavioral biometrics, an emerging technology which uses AI and machine learning to examine behavioral patterns to authenticate users, presents the financial inclusion sector with exciting opportunities as well as challenges.
Uganda: Online Lenders Harassing Borrowers Risk Closure
Licensed digital/online money lenders, who are diverting from the newly issued digital lending guidelines issued in March by the Uganda Microfinance Regulatory Authority (Umra), risk having their licenses revoked, the sector regulator has warned.
Advancing Women-Led MSMEs Through Digital Financial Inclusion
This publication shares how policies, products, and grassroots actions enable women entrepreneurs to thrive with digital financial services.
Responsible DPI for Improving Outcomes Beyond Inclusion
Amid the enthusiasm to expand and scale digital public infrastructure (DPI) models to dozens of new markets, this report explores the opportunities for DPI to be built and deployed responsibly for three fundamental elements of financial inclusion: identity (ID), payments, and consent-based data exchanges.
Interledger Foundation Accepting Applications for ILP Digital Financial Services Grant
Interledger Foundation (ILF) has announced that it is now accepting applications under its ILP (Interledger Protocol) Digital Financial Services Grant for emerging financial services, products, and innovative solutions geared toward benefitting underserved and underrepresented communities.
India and Ghana Accelerate Unified Payment Interface Integration for Seamless Cross-Border Payments
By streamlining cross-border payments and reducing reliance on third-party currencies, initiatives like these promote financial inclusion and stability.
Scaling Responsible Digital Payments in the Indonesian Cocoa Sector
For digital payments to be meaningful for farmers, the study finds that digitization needs to be strongly linked to access to a broader suite of financial services, to unlock farm investments and smooth day-to-day consumption.
Mauritania Commissions Germany’s G+D to Design Central Bank Digital Currency (CBDC)
Known as the digital ouguiya, the potential CBDC would complement cash.
IFC and Nu Colombia Announce Alliance to Promote Financial Inclusion of Venezuelan Migrants in Colombia
The agreement will allow Nu Colombia to build the foundations to launch, in the future, a market strategy that promotes the financial inclusion of this population through access to digital financial services focused on savings accounts.