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Coronavirus Pandemic Spawns Nigeria Banking Agent Boom
Mobile money firms across Africa are ramping up plans to bring banking to millions after the pandemic caused a surge in the use of digital financial services. Firms in Nigeria say they have recruited more agents to meet demand.
Solomon Amadi, vice president of Moniepoint, said the company’s banking agents had increased from 8,000 in 2019 to more than 50,000 in February 2021.
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Connecting Venezuelan Migrants With the Financial System in Colombia
The Banca de las Oportunidades project, “El Parche Financiero” (“the Financial Patch”), operated by Fundación Capital with the support of Humanity & Inclusion and Voices of Venezuela, aims to promote financial inclusion for the 100,000 Venezuelan migrants in the country.
Breaking Down Silos to Advance Financial Inclusion of Forcibly Displaced People
Coordinated efforts are needed to move from emergency response to long-term inclusion. The Community of Practice on the Financial Inclusion of Forcibly Displaced People aims to help make this happen.
Open Finance: A Guide to Knowledge Resources
Open finance is a financial innovation that facilitates the sharing of customer data - with the customer's consent - in order to provide new and improved financial services. This guide provides a curated list of key publications on open finance.