why a national identity database is key to financial inclusion

why a national identity database is key to financial inclusion

Alessandro Hatami, Managing Director, Pacemakers.io Imagine life without access to a bank account. If you’re able to earn a living without one -and it’s a big if – the only choice you have when buying goods and services is to pay cash in physical stores. As a result, you are limited to the stores you

SMEs may be the key to financial inclusion in Nigeria

SMEs may be the key to financial inclusion in Nigeria

&nbsp Author: Ebenezer Onyeagwu, Group Managing Director & CEO, Zenith Bank July 11, 2022 The banking sector in Africa is emerging rather strongly from the impact of the COVID-19 pandemic. However, the fact that the pandemic has significantly altered the face of banking on the continent is without a doubt. Today, the industry is witnessing

Key Chinese Manufacturing Data Is Coming. Here’s What Economists Expect.

Key Chinese Manufacturing Data Is Coming. Here’s What Economists Expect.

Text size China’s monthly manufacturing data is expected to show growth for June. Here: a production line at an electrical factory in Beijing. Jade Gao/AFP via Getty Images After two months of strict pandemic lockdowns, Shanghai gradually returned to life in June, and recently announced openings—restaurant dine-in starting June 29, Shanghai Disneyland on June 30—will

Updating Community Reinvestment Act Is Key for Financial Inclusion

Updating Community Reinvestment Act Is Key for Financial Inclusion

The Community Reinvestment Act (CRA) was last updated in 1995, and since then, the way we invest, spend, and save money has dramatically changed with technological advances in the payments sector. The CRA encouraged Federal Deposit Insurance Corp.-covered institutions to better serve their communities, including low- and moderate-income (LMI) neighborhoods, by increasing financial services in

Sustainable financing is key to access digital healthcare, education and financial services

Sustainable financing is key to access digital healthcare, education and financial services

Representational image | Manisha Mondal | ThePrint Text Size: A- A+ Digital connectivity is oxygen for opportunity. The opportunities made possible to those who are connected are rapidly expanding as services across every sector are increasingly provided and consumed online. These include healthcare, education and financial services. Yet, the global COVID-19 pandemic

Overcoming Key Challenges in AI Deployment for Financial Services

Overcoming Key Challenges in AI Deployment for Financial Services

Artificial intelligence and machine learning are forging inroads in the financial services industry as firms recognize the benefits of automating key processes and making better use of existing data. As noted by Business Insider, 56 percent of banks have implemented AI in risk management, and 52 percent use these tools for revenue generation from new

Cal Poly Engineering Labs Receive 0,000 from Key Figure in Auto Racing and Machining – Cal Poly News

Cal Poly Engineering Labs Receive $350,000 from Key Figure in Auto Racing and Machining – Cal Poly News

SAN LUIS OBISPO — Two manufacturing labs at Cal Poly will be renamed in honor of a $350,000 donation from the Gene Haas Foundation, which will help the labs remain up-to-date and safe for the hundreds of engineering students who use them every year.  “The new gift for the Gene Haas labs pairs two successful

First-Generation College Graduates Lag Behind Their Peers on Key Economic Outcomes

First-Generation College Graduates Lag Behind Their Peers on Key Economic Outcomes

Pew Research Center conducted this analysis to understand more about how the educational background of parents is linked to their children’s labor market and economic outcomes. Much has been written about the impact parental education has on children’s educational attainment, but less is known about the longer-term impact on economic well-being. Two surveys collected by