UNCDF“Financial health does not exist in a vacuum. It is inextricably linked to the real economy. Financial health contrives good personal health and education outcomes as well as reduced poverty and inequality,” said Judith Karl, Executive Secretary UNCDF while speaking at a conference on financial health held in Singapore in November 2019. The conference organized
FIBRBFA Global’s Catalyst Fund launched its official presence in Nigeria last year. At the launch, key ecosystem players shared what is needed for Nigeria’s inclusive fintech sector to flourish. Currently, Nigeria remains a challenging operating environment for fintech startups but there are signs of improvement – rising mobile penetration rates, growing investment and regulatory reforms
UNCDFSolar and alternative energy products are providing relief to millions of Zambians who have no access to electricity. However, even with growing adoption of these products, many Zambians in rural areas still have no access because of challenges related to payments. To deal with the challenges, UNCDF and MTN Zambia teamed up to test a
CGAPCheck out CGAP’s new resource for providers on how to manage the risks that come with Open APIs. CGAP recommends that providers use fair, standardized legal contracts with partners and third-party providers. It goes further and provides a contract template for DFS providers. Read more
GSMAWhat have unicorns and super-platforms in Indonesia done to appeal to and convince MSMEs to digitize merchant payments? GSMA’s Mobile Money Programme’s Live Learning trip to Indonesia provides some of the answers in this blog. Read more
DFIDFI shares the results of an independent assessment of its impact on practitioners, institutions, and countries. The case studies include two countries (Zambia and Uganda) and three institutions (Accion, Bank of Kigali and MTN). Read more to out how DFI alumni have had a positive impact on the digital finance industry in their countries. Read
FIBRBFA Global’s FIBR team breakdown four areas that PAYGo companies should consider improving repayment among customers. One, customer education, onboarding, and support is important. On top of that, having a robust payments system, incentives for agents and the existence of ICT infrastructure is also key. Read more
UNCDFFive years ago UNCDF launched the MM4P programme in Senegal, in partnership with the Mastercard Foundation to fast-track digital financial inclusion. UNCDF’s approach – taking a market development approach to increase digital financial inclusion- led to significant gains in Senegal as detailed by this report Read more
DFITo 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
UNCDFAgent 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