This article is published in association with IMF. Washington, DC – November 20, 2024: A coalition of international organizations today launched high-level guidelines for public authorities seeking to harness open finance to accelerate digital financial services and innovation and increase usage of a broader range of financial products. Alongside investment in digital public infrastructure, and ongoing […]New Open Finance Guidelines Aim to Spur Financial Inclusion
November 21, 2024 by Leave a Comment
This article is published in association with IMF. Washington, DC – November 20, 2024: A coalition of international organizations today launched high-level guidelines for public authorities seeking to harness open finance to accelerate digital financial services and innovation and increase usage of a broader range of financial products. Alongside investment in digital public infrastructure, and ongoing […]How Indonesia is creating financial inclusion through digital wallets
February 15, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Vincent Henry Iswaratioso, Chief Executive Officer, DANA Indonesia Today is another exhausting day for Ibu Nurhayati (“Ibu” is used to address or refer to an older woman in Indonesian) as she navigates hurdles in settling her monthly bills. Her […]Why financial inclusion is so critical to climate resilience
September 11, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sophie Sirtaine, CEO, CGAP, Henry Gonzalez, Deputy Executive Director & Chief Investment Officer, Green Climate Fund The global climate focus is now shifting to include more resilience and adaptation. Much of the discourse, activity and funding revolves around […]This bank is boosting financial inclusion by rethinking how money moves internationally
July 6, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Michael van den Berg, ACT Fund Investment Director, Common Fund for Commodities Transferring money to some hard-to-reach regions can take days. Often several intermediaries are involved – and a small mistake can cause a whole chain of transactions […]Rural banks can accelerate financial inclusion in Southeast Asia. Here’s how
February 3, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Benedict Carandang, Vice-President, First Circle Growth Finance, Anton Carlos, Head of Customer Success, First Circle With more than 660 Million people living in Southeast Asia, this culturally rich and diverse region is considered as one of the fastest growing […]In pursuit of greater financial inclusion: How one man’s vision is lifting millions out of poverty
September 2, 2022 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lukas Bester, Freelance Researcher and Writer – World Economic Forum, Sustainable Development Consultant in Emerging Markets Taejun Shin was born and raised in Japan as the son of Korean immigrants who became stateless around the time of Japan’s […]How new technologies create a pathway to financial inclusion
May 30, 2022 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Salim Arda Ermut, Chief Executive Officer and Member of the Board, Turkey Wealth Fund Financial inclusion is key to creating a fair, equitable society, as well as a thriving economy.However, there are challenges to fostering financial inclusion, particularly […]It’s time for a rethink on financial inclusion – new principles show how
August 11, 2021 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ajay S. Banga, Executive Chairman, Mastercard While technology has served as a gateway for many, patchy internet access and the lack of affordable tools and access to digital skills has created a digital divide that risks barring the […]How to harness AI and data portability for greater financial inclusion
June 23, 2021 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Laurent Le Moal, Chief Executive Officer, PayU, Naspers & Amelia Ng, Managing Director, SC Ventures, Standard Chartered Bank Around the world, 1.7 billion people still lack access to a formal bank account.Digital innovations, such as AI, are helping […]These 5 industries can drive digital financial inclusion
July 23, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dan Salazar, Director, Mastercard & Carlos Monteverde, Product Manager, Mastercard What good is a hammer without a nail – or, for that matter, without a piece of wood? A hammer can be a powerful tool, but alone, it’s just […]Financial inclusion in India is soaring. Here’s what must happen next
January 15, 2019 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ramesh Iyer, Vice Chairman and Managing Director, Mahindra Finance “Poverty is the deprivation of opportunity”, said economist Dr. Amartya Sen. Financial inclusion gives the financially weak the chance to change their economic circumstances and lead better lives. Why does […]How banking with blockchain can stamp out corruption and increase financial inclusion
November 8, 2018 by Leave a Comment
This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Joseph Thompson, Co-founder and CEO, Aid:Tech Banking institutions were primarily built to provide a trusted intermediary between two parties, such as a borrower and a lender. Legitimate commerce required the use of an institutional bank. While banks have […]
