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Posts tagged with Provider

A New Business Model To Turn On The Lights For Off-Grid Families in Zambia

UNCDF

UNCDF shares results from a pilot project to expand solar and alternative energy products to off-grid Zambians. During the pilot conducted between November 2018 and August 2019, UNCDF, Fenix and MTN tried a new approach that combined access to mobile money and solar products via a single agent. This yielded results. Read more

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Digital Finance APIs Come with Risks – Here’s One Way to Manage Them

CGAP

Check 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

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Indonesia’s tech giants and unicorns catapult MSMEs into the digital economy

GSMA

What 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

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DFI Measurement and Impact Report 2019

DFI

DFI 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

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How to design PAYGo operational models to improve repayment

FIBR

BFA 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

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Growing Digital Financial Inclusion in Senegal

UNCDF

Five 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

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Overcoming distance when digitizing informal savings groups

UNCDF

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

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Accion Venture Lab Launches New Fund, Quadruples Capital for Inclusive Fintech Startups

Accion

Global nonprofit Accion announced that its seed-stage investment initiative Accion Venture Lab is adding $33M to its initial capital pool, with the launch of a new $23M fund and an additional, separate $10M investment from Accion. The new fund brings together a group of third-party impact and commercial investors that share Venture Lab’s commitment to

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Using data to open doors for the underserved

Accion

Destacame, an online platform—and Accion partner—through which consumers manage and build their financial health—is speaking about the important role data plays in opening doors for the underserved. The platform analyzes alternative data to create credit profiles for each user, which they package accessibly, in order to empower customers to understand their finances, access appropriate services,

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Access to Formal Financial Services: A Commitment to the economic integration of refugees in Rwanda

AFR

AFR and FSD Africa, through Umutanguha Finance Company and MTN Rwanda, have developed and launched a savings and loan product that responds to the needs of refugees and their host communities in Rwanda. Read more

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