By IWFglobal | September 01, 2021 IWF member Mary Ellen Iskenderian, President & CEO of Women’s World Banking, shares three key points for expanding women’s financial inclusion in response to the impact of the ongoing pandemic. 1. Digitize government benefits payments Distributing Government-to-Person (G2P) payments via digital channels is a proven way to boost financial inclusion
Tag: Inclusion
China’s Experience in Digital Financial Inclusion [1] 1. Background Financial inclusion is the next step in the evolution of financial systems and has played a key role in the development of China’s finance. Before 1978, China’s macro economy was primarily regulated through fiscal policies, first establishing a modern banking system in 1985 with the creation
The strategy deployed by the Central Bank of Nigeria to deepen financial inclusion since its inception in 2012, is gaining traction despite the initial hiccups, writes Nume Ekeghe The Central Bank of Nigeria (CBN), in 2012, launched the National Financial Inclusion Strategy, at a time when about 46.3 per cent of Nigerian adults were excluded
SHENZHEN, China, July 29, 2021 /PRNewswire/ — WeBank, the world’s leading digital bank and the first digital-only bank in China, participated in the Finance China 2021 Conference in conjunction with The Asian Banker China Awards 2021 held in Beijing by The Asian Banker. Speaking at the event, Gong Li, the General Manager of Corporate Banking
A project to help the Reserve Bank of Malawi (RBM) put in place a unified database of digital ID and Know Your Customer (KYC) data has been launched to allow many more Malawians access to a broad range of services. The initiative, which seeks to build on the increasingly robust digital identity ecosystem already existing
As the role of central banks evolves, innovations that will boost financial inclusion need to be at the forefront of all actions they undertake. That’s the conclusion of the two-year Central Bank of the Future research project, conducted by the Ford School of Public Policy’s Center on Finance, Law & Policy, with support from the