GSMAThis new report by GSMA seeks to demystify the regulatory concerns regarding the use of cloud computing in the mobile money industry and explains how restrictions associated with these concerns can be addressed without prohibiting the use of the cloud. Some of the key concerns include data privacy, national security, economic impact, and supervision by
GSMAGSMA’s new Mobile Money API Industry Report shares how mobile money providers are moving towards seamless integrations. The report is based on survey responses from mobile money providers globally. A key finding is that despite the growing ecosystem, only 32% of operators surveyed are exposing their APIs publicly and most providers have adopted a proprietary
CGAPRefugees and host communities in Lebanon are faced with high levels of financial exclusion, a situation that is usually made worse by health-related shocks. A 2019, study by the World Bank Group and CGAP found that these communities tend to rely on informal mechanisms to manage irregular cash-flows, such as converting cash to gold, borrowing
CGAPCGAP’s financial sector specialists argue that risk-based supervision is key to financial inclusion especially for emerging markets and developing economies (EMDE) where supervisory capacity is low and financial innovations are evolving quickly. Risk-based supervision involves building risk profiles, conducting risk assessments and monitoring indicators to systematically identify, measure and monitor risks. Since 2019, CGAP has
GSMAIn Benin, the introduction of PAYG led to increased mobile network operators subscriber activity according to a study by the GSMA, shedding light on the relationship between PAYG solar adoption and mobile financial services. The study found that the joint efforts between the mobile operators and PAYG solar companies led to an increase in transactions, new
UNCDFKnowledge gaps are limiting the effectiveness of financial inclusion programs and policies across the world. These gaps- industry innovation gap, the impact knowledge gap, and the research methodology gap- according to CGAP must be addressed by the financial inclusion community to better understand what makes financial services more useful for poor people. Going forward, CGAP
MercyCorps AFAFor the last five years, AgriFin Accelerate(AFA) and partners designed and deployed digital platforms that enabled farmers in Tanzania access finances, information and learning content. Looking back on the five years at a recent learning event, AgriFin and partners found there is a strong business case for such platforms but also emphasized that human channels are
UNCDFIn Zambia, smallholder farmers do not have to travel long distances to transact if they opt to use Agripay, a digital banking platform. The platform developed through a partnership between the Zambia National Commercial Bank, Agrifin Accelerate and UNCDF ensures that farmers have access to more than financial services even in the remotest areas. Through
AVLAVL’s new investment officer for Latin America shares insights into the trends shaping the fintech and financial inclusion in the region. These trends have also informed AVL’s investments in the region. “Brazil and Mexico have consolidated as the leading entrepreneurial ecosystems in the region and will continue to attract the largest volume of venture capital
FIBRMeet Monica Saccarelli CEO of savings platform Grão & one of few female fintech founders in Brazil. Grão is an app that allows Brazilians to transfer money from their bank accounts into a savings account in real time and with no minimum requirement, helping them save. Read about how she leads a team of men,