Last year we shared the impact story so far on person-to-person payments and transfers (P2P). The latest update of the EGM has folded in three additional P2P studies.
CGAP’s Michel Hanouch will share insights and lessons from CGAP’s experience supporting five digital financial services (DFS) providers as they journey to open APIs. Niall Saville from Dalberg will then highlight key takeaways from their ongoing research, sponsored by CGAP, on how best to engage third-party API consumers. This research digs into questions like How canDFS providers design and implement third-party engagement
New credit studies contribute to previous insights relating to the use of SMS for improved borrowing behavior and add new insights on longer-term outcomes where very few previously existed.
Gaps in our knowledge remain in product design and delivery, markets, and clients segments; by filling these gaps and improving how digital savings products are tested, the digital savings community will be able to develop better products and deliver them more effectively.
As impact evidence grows, so should our understanding of the impact of various digital finance products on low income users. We've launched the third addition of our EGM, revealing new insights with almost double the studies since 2017.
To enhance our financial services and in order to reach the marginalised, it is imperative that we make an effort to create a digital financial services partnership ecosystem which will include stakeholders such as the identity authority (Registrar-General), Mobile Network Operators (POTRAZ), Financial Clearance Bureau (FCB), Finscan and Salary Services Bureau (SSB). What are the
Agent banking is more appropriate than mobile money for linking informal savings groups to banks, due to the difficulties around validation for the latter. Mobile money is, however, appropriate for individual accounts. Information is key in providing pathways for digitizing informal savings groups. Despite agent banking and mobile money being commonplace, savings groups are often
Young entrepreneurs will be more likely to succeed if they are provided with integrated services that empower them with the technical know-how to put their business ideas into practice, the business acumen and soft skills to make that practice profitable and the financial savvy to identify and leverage financial services that will allow them to