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As small businesses go digital, platform data can help MFIs better serve them, contributing to a healthier, more sustainable and more inclusive lending model.
In the third post of our blog series on financial health, we explore how capturing the essence of this multi-dimensional concept takes us beyond standard measures of financial access or income.
Over 164 million migrant workers make a living in a foreign country, and almost 26 million refugees have been forced to flee due to conflict. Unfortunately, while migrant workers are on the move, their data is not, often preventing them from accessing financial services or better jobs. Developing a digital identity system is one potential solution to this problem.
Facts and figures tell us the full story of financial and social results and allow us to compare that story to those of our peers. The ATLAS data platform is a new initiative to help tell those stories, consolidating data on pricing, client protection, and social and financial performance.
While the financial inclusion sector has changed drastically over the last twenty years, a familiar challenge has returned: information asymmetry. So MIX’s strategic shifts to refocus on data initiatives in fintech, digital and agricultural finance - and other frontier sectors to come - are a welcome development for the entire financial inclusion community.
Data2X calls on key global bodies to recognize the importance of sex-disaggregated data, after attending AFI's Global Policy Forum earlier this month.
Until now, reliable data on the financial lives of smallholder families has been scarce. Three new tools from CGAP, Insight2Impact, MIX and One Acre Fund shed light on this massive untapped market for financial services.
The latest Findex shows global progress on access to financial services, but it also illustrates challenges in reaching marginalized groups and increasing usage.