Innovation

Improving Financial Inclusion through the Delivery of Cash Transfer Programmes: The Case of Mexico's Progresa-Oportunidades-Prospera Programme

This paper follows a quasi-experimental research design to assess the impact of the electronic payment system of Mexico’s Progresa-Oportunidades-Prospera (POP) programme.

Impact of demonetization on diffusion of mobile payment service in India: Antecedents of behavioral intention and adoption using extended UTAUT model

The paper shows that behavioral intention, demonetization and facilitating conditions have a positive impact on the adoption of mobile payment services in India.

BSP Holds Digital Payments Leaders Summit as the Country Moves Closer to a Cash-lite Economy

In Bangladesh, key public and private sector actors commit to scaling digital wages across garment sector

bangladesh

New insights into inclusion-focused fintech 

The recently launched Inclusive Fintech 50 whitepaper looks at how early-stage fintechs are working on financial inclusion. Findings reveal that “funding is concentrated in several notable ways, innovation is not limited to technology and common standards are needed to bring clarity to the field.”

Senegal: tech helps boost access to health to leave poverty behind

Some African nations lead the world’s e-money businesses. And several are finding that leaving notes and coins behind is not only improving efficiency, safety and transparency, but it is als…

Connection between financial innovation and inclusion

This paper explores the nexus between financial inclusion and financial innovation by looking at data from 6 South Asian countries - including 4 Alliance members.

Latest trends in the field of "suptech"

This paper examines latest trends in suptech initiatives by looking at the work of 39 financial authorities globally.

Fostering digital payments and fintech development 

This ADBI working paper discusses measures to foster digital financial innovation in Indonesia.

New blockchain for social impact report

The new Stanford Business “Blockchain for Social Impact" report is out! The most common use case among its sample of organizations is records and verification, whereas the challenges cited most often are regulatory. The interviewees reported that launching the project was harder than anticipated.

Near-term impact of India’s demonetization

New Harvard University paper looks at the impact of demonetization on the Indian economy. It finds that, in the near-term, the event led to “temporary reductions in employment, output, and credit.” But “there may be potential longer-term benefits” in several areas, including tax collection.

Leveraging Digital Financial Solutions to Promote Formal Business Participation

This paper explores economic informality and how it relates to digital financial inclusion. It focuses specifically on the potential role that digital financial services–including those accessed through mobile phones and the internet can play in encouraging businesses to formalize their operations.

Blockchain for Social Business: Principles and Applications

This paper identifies and discusses principles and applications of Blockchain that enhance trust, transparency, and auditability in Social Business (SB) activities. It outlines the challenges related to creating a native cryptocurrency for SB, and barriers to infrastructure and technology adoption by different SB stakeholders.

Strategies for fintechs in the Pacific 

New IMF paper outlines policy strategies to help promote financial inclusion through fintechs in the Pacific Island countries. It calls on governments to close regulatory gaps and enhance digital and financial literacy while urging fintechs to take a regional approach to overcome scalability constraints.

Early Lessons on Regulatory Innovation to Enable Inclusive FinTech

Read the University of Cambridge and UNSGSA report on how regulators are innovating to better respond to financial innovation….

“Botón PSE ha transformado el panorama de pagos en Colombia”

Entrevista a Gustavo Vega, Presidente de la empresa ACH Colombia…

“Botón PSE has changed the payment landscape in Colombia”

Interview with Gustavo Vega, President of the clearing house ACH Colombia…

How fintech is driving financial health

At a panel discussion during the recently concluded GSMA M360 Africa, Flourish’s Ameya Upadhyay presented on how to harness the power of new technologies to drive access and transparency. Check out his presentation.

Fintech notes: Rise of digital money

This IMF brief takes a first stab at tackling the questions surrounding the rise of new forms of digital money.

Improving financial inclusion through data for smallholder farmers in Kenya

As mobile-based digital agricultural solutions take hold in Kenya, there is a great opportunity to use data for improving financial inclusion of smallholder farmers.