FINCA Tanzania uses digital technology to expand financial literacy

Above:  Finance is undergoing a digital transformation. This transformation is most palpable in emerging markets like Tanzania, where digital channels are providing many people with access to financial services for the first time. FINCA was one of 17 recipients of the 2017 NetHope Device Challenge which offered $5.5 million in funding thanks to a grant … Continued

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Digital Transformation that Delivers: NetHope’s Eight Year Journey on the Path to Digital Financial Inclusion

By Lauren Woodman, CEO, NetHopeDigital transformation, whether for organizations or across a sector, is hard work. It requires patience, attention to detail, and a willingness to be in a perpetual mode of evaluation and learning. In the area of financial services, digital transformation is making huge gains at record speed.  As the CEO of NetHope, … Continued

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Shifting the paradigm: Kiva strengthens ties between lenders and refugees

While refugees seek economic opportunities, most financial institutions, whether local microfinancing organizations or traditional banks, are unwilling to serve refugees because they are perceived as too risky. But as refugees experience protracted periods of displacement—sometimes upwards of 20 years—the real need for economic stability and even growth becomes more pressing.Since 2016, Kiva has worked to overcome … Continued

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Digital Financial Services and India’s Emerging Middle Class

By Shweta Shetty, Deloitte Touche Tohmatsu India LLP, and Nicholas Lesher, Payment InnovationsIn the digital financial services (DFS) sector, there is a recurring story told about India. It goes something like this: “There’s a huge market, with immense potential. India’s government is engaged, proactive, and willing to take bold steps. There is lots of activity, … Continued

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