Digital Transformation to Alleviate Poverty of the Poor People
The objective of this study is to explain the role Al-Amal Microfinance Bank online services played amid the pandemic.
Philippines: QR Code Transactions Near P1 Billion
The value of transactions using the QR (quick response) technology via the national QR code standard reached almost P1 billion as of end-May, as more Filipinos embrace digital channels amid the pandemic.
Philippines: Microfinance, Micro-entrepreneurs to Gain From National ID System
The system's online authentication and e-KYC will enable a more seamless digital onboarding, making it easier for clients to open an account.
World Bank Approves $450 Million Loan to Help Morocco Improve Access to Financial Services
The financing is part of a program that supports policy measures to enable the rollout of the country’s social protection program, including the creation of digital IDs and cashless payments as part of cash transfer programs.
State of the Economy: Focus on Digitisation and the Impact of COVID-19 on MSEs
In Kenya, the trend of divergent impact continues, with macroeconomic resilience masking sustained inequalities and divergence in recovery.
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.
Savings and Retail Banking in Africa: A Case Study on Innovative Business Models
This study describes six business models to address the challenges financial service providers are increasingly facing as a result of digitization and the pandemic.
The Digital Transformation Guide
Through real examples of implementation experiences across FSP partners, this guide unpacks six key strategies that financial inclusion-focused institutions need to keep in mind as they progress down the path of digital transformation.
What Is the Future of Microfinance?
What does the COVID-19 crisis mean for the future of microfinance? Should MFIs take digital transformation more seriously? What will it take to get them there? And what is at stake if they don’t modernize?