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Posts tagged with Provider

Ghana launches world’s first Digital Finance Policy amid COVID-19

CGAP

Ghana has become the first country in Africa to launch a digital financial services (DFS) policy according to CGAP.  The government hopes that the policy can support various measures it is taking to leverage DFS in its COVID-19 response.  Developed with technical support from CGAP and funding from the Swiss State Secretariat for Economic Affairs

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API Technology Jargon: What Business Leaders Need to Know

CGAP

A new resource from CGAP on how business leaders can navigate the technology decisions required for an API initiative. The “Technology Building Blocks for an Open API Strategy”  draws on the experiences of five DFS providers in opening APIs in emerging economies. “While implementing open APIs is about more than good technology, inappropriate technology decisions

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Making digital financial solutions relevant and accessible for Zambian smallholder farmers

MercyCorps AFA

In 2015, Mercy Corps launched the AgriFin Accelerate (AFA) Programme; a six-year, $24 million project with an ambitious goal of reaching one million farmers with digital financial services across Kenya, Tanzania and Zambia. This blog focused on Zambia tells the story of the program between 2015 and 2019 during which AFA and a network of

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In a no-touch world, tech can’t leave low-income people behind

AVL

Inclusive fintech has always had to find a balance between tech and human touch, but the global pandemic is shifting that balance, writes Accion Venture Lab’s Amee Parbhoo. In this blog, Parbhoo writes that during this time, fintechs have to continuously engage and support their customers especially low-income communities for whom in-person interactions are the

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Open Banking: 7 Ways Data-Sharing Can Advance Financial Inclusion

CGAP

Senior financial sector specialist Stefan Staschen makes a strong case for open banking in emerging markets and why it would be important especially today in a COVID-19 world.   Open banking, he writes, could advance financial inclusion in emerging markets by dealing with some of the pain points related to spending, savings, and credit, usually experienced

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This new app has a winning formula to help Nigerian small businesses tackle a major challenge

AVL

An interview with the founder of Flex Finance, a Nigerian app for micro, small, and medium enterprises (MSMEs). Flex Finance which won AVL’s fintech startup builder program competition last year in November helps businesses budget, track expenses, and other financial management tasks.  According to the founder Yemi Olulana, the app has proved useful for small

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Agent Networks: Vital to COVID-19 Response, in Need of Support

CGAP

What questions should policymakers consider to ensure agents reach as many people as possible with assistance during and after the COVID-19 crisis? CGAP notes that of all existing cash-in and cash-out (CICO) networks the most far-reaching among low-income customers — agent networks — are struggling and often are overlooked by policymakers. CGAP lists three questions below

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Inclusive fintech in the time of COVID-19

FIBR

Catalyst Fund shares several examples of how its portfolio are helping customers in emerging economies through the COVID-19 crisis. By using their existing solutions and additional innovations, the fintechs are helping people access critical health insurance, send money to their families, access essential goods and services, and better manage current finances via financial advice. In

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Humanitarian Cash Transfers and Financial Inclusion

CGAP

CGAP’s new publication examines the opportunities for humanitarian actors in Lebanon and Jordan to use the cash and voucher assistance (CVA) programs as a pathway to financial inclusion. Syrian refugees in the two countries receive more than a quarter of their humanitarian assistance in the form of cash and vouchers. CGAP observes that there are

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Product Testing: A Guide to Getting Started

AVL

This product testing guide by Accion Venture Lab is made for early-stage fintech companies who want to test, evaluate, and implement new ideas.   Companies can use this guide to navigate the decisions around testing, iterating, and improving their products.   Included in the guide is how to build a test-friendly culture in your organization, an experiment

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