Financial Inclusion

The financial services industry has much to contribute to the UN and World Bank goal of full financial inclusion by 2020. This group will focus on industry contributions, ideas, barriers and enablers.

Paula Hunter Executive Director at Mojaloop Foundation

Unlocking Fintech Opportunities: Leveraging Digital Public Goods for Inclusive Finance

In emerging economies, inclusive instant payment systems (IIPS) are spearheading a revolution. As these systems evolve, particularly in regions like Africa and Southeast Asia, they potentially represent a direct pathway for the $10 trillion informal economy – a potential fintech market – to participate in the digital financial sector. While IIPS i...

12 March 2024 /payments /inclusion

Naina Rajgopalan Content Head at Freo

Smart Moves: Things You Should Do Before Investing Money

Investing money is a significant step toward financial growth, but it's not a decision to be taken lightly. To ensure you're on the right track and maximize your returns, there are several crucial steps you should take before diving into the world of investments. In this guide, we'll explore key considerations and actions you should undertake befo...

02 February 2024 /inclusion

Darya Lyhach PR manager at Noda

Financial Inclusion Initiatives: A Key to Global Economic Empowerment

Financial inclusion initiatives are transforming the global economic landscape by making financial services accessible to underserved populations. These efforts are about broadening access and empowering individuals to participate more fully in the global economy. Accessible Payment Methods: Widening Economic Participation A fundamental aspect of

17 January 2024 /inclusion

David Hensley Founder at Enryo Limited

If I could improve one thing this year

If I could improve just one thing in the payments industry this year, it would be fostering greater financial inclusion through seamless integration and accessibility. Now this might sound broad, but that is intentional as it encompasses several key aspects: 1. Bridging the gap between the "banked" and "unbanked: Millions of individu...

09 January 2024 /payments /inclusion

Raktim Singh Senior Industry Principal at Infosys

Why Wealth Management is important

Historically, wealth management was limited to the family's elders. These individuals, assisted by advisors and chartered accountants, made prudent and secure investments, guaranteeing the absence of concealed charges or hazards. Those in the upper echelons of society were the primary investors, and their holdings were typically limited to real est...

30 December 2023 /wealth /retail

George Relish Editorial Director at Quidable

Finding the Best Wealth Advisor

Finding the Best Wealth Advisor Selecting the right wealth advisor is more than just a strategic choice – it's a commitment that shapes the financial futures of corporations, financial institutions, and their clients. A wealth advisor's role extends beyond simply managing financial portfolios. It's about envisioning a trajectory of growth that co...

12 December 2023 /wealth

David Hensley Founder at Enryo Limited

The rise of the credit union.

Credit unions are member-owned, non-profit financial cooperatives that provide a wide range of financial services, including everyday banking, and savings accounts, loans, credit cards, and investment products. According to the latest statistics from the Association of British Credit Unions Limited (Abcul), there were 246 credit unions in the UK. ...

23 November 2023 /retail /inclusion

Steve Haley Director of Market Development and Partnerships at Mojaloop Foundation

A Vision for Low-cost Cross Border Payments

Note: This post was drafted in collaboration with Mojaloop Community members. There is a global effort to reduce cross-border remittance costs to no more than 5% for any corridor and no more than 3% for most (SDG 10.c and G20 Roadmap targets). We have a long way to go to get there – and we hope the final fees are actually lower. These important go...

24 October 2023 /payments /inclusion

Sergei Artimenia Managing Director at RNDPOINT.com

Understanding the Role of PSD Agents in the Payment Services Directive

In this post I will explore the world of Payment Services Directives (PSD), where PSD agents are the unsung heroes, diligently working behind the scenes to ensure smooth transactions. If you've ever wondered who these mysterious figures are and what role they play in the grand scheme of payment services, you've come to the right place. In this com...

09 October 2023 /regulation /inclusion

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Beyond the Surface: The concept of Underbanked in Developed countries

When we think about the concept of financial inclusion and more particularly about underbanked and unbanked populations, we often picture developing countries where access to banking services is limited. However, it might surprise you to learn that even in developed European countries, where banking services are abundant, a sizable portion of the ...

28 August 2023 /sustainable /inclusion