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FinDev Blog

Central Bank Digital Currencies: Five Lessons From Three Trailblazers

Experiences from the Bahamas, China and Nigeria help illuminate the rocky path for other central banks interested in implementing their own digital currencies.
FinDev Blog

Micro and Small Enterprises Get Their Own Digital Ambassadors in Colombia

Approximately 16 million people in Colombia depend on income generated from micro and small enterprises (MSEs). Digital platforms and tools can help them grow, but uptake and use is impeded by diverse challenges.
FinDev Blog

Artificial Intelligence in Financial Inclusion: How Should Supervisors Respond?

The use of artificial intelligence and machine learning in the financial sector is spreading exponentially across advanced and emerging economies. What are the risks and opportunities presented by these innovations?
FinDev Blog

Digital Transformation: Who Is in the Driver's Seat?

The role of executive leadership is key for microfinance institutions to move successfully towards the digital future.
FinDev Blog

Incentives for Small Retailers to Climb the Modernization and Digitization Ladder

Lessons from traditional small-scale shopkeepers in Mexico on finding incentives beyond business education and cash provision
FinDev Blog

Digital Innovation: Three Key Lessons to Improve the Resilience of African MFIs and Their Clients

Takeaways from the African Microfinance Week (SAM) on overcoming the challenges and risks associated with digital transformation
FinDev Blog

Going Digital Is Not Enough to Reach Scale

More radical organizational change - in the form of self-management - is needed to solve microfinance’s optimization problem. 
FinDev Blog

After the Storm: How Microfinance Can Adapt and Thrive

There has been a need for traditional microfinance to face the challenge presented by digital technology for some time, COVID has simply accelerated this process.
FinDev Blog

COVID-19 Has Made MFI Digital Transformation Even More Urgent: How Can Funders Help?

Belgian development finance institution BIO shares the results of their client survey and how they are changing their practices to better support MFIs
FinDev Blog

Microfinance in the Digital World: Seven Questions for the Future

Will fintechs take over microfinance? Can traditional microfinance lenders survive? How? Elisabeth Rhyne of the Center for Financial Inclusion at Accion answers these and other burning questions.