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Women and youth in developing countries remain unserved or underserved by formal financial services. The rise of digital financial services (DFS), including mobile money, provides a promise to accelerate financial and economic inclusion to these population segments. As a result, both academic...
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The COVID-19 crisis created conditions for digital finance to accelerate financial inclusion in the Philippines. Anecdotal and survey data suggest that the pandemic has indeed spurred large gains in financial inclusion in the country, with adoption of digital finance as a strong driver. This...
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Policy emphasis for financial sector development has shifted away from microfinance and towards the development of … informal financial services in Kenya between 2006 and 2009, including the new and rapidly growing mobile phone-based payments …
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of Africa, almost everyone has a cell phone; therefore, mobile money could both contribute to the continent’s economic … increase the use of mobile money and thus promote economic development in Africa, an appropriate competition policy …
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