Fintech is rapidly changing the landscape for financial services in terms of accessibility and affordability, especially in this post-COVID era. Digital finance now has the potential to be a game changer for the nearly two billion financially excluded persons in the developing and emerging...

The United Nations 2030 Agenda for Sustainable Development Goals calls for the elimination of many global challenges related to poverty. The first Sustainable Development Goal – the elimination of poverty – targets the challenges faced by the more than 700 million people who live on less...

Research finds many large disparities still in financial inclusion around the world. One region that is often overlooked is the Middle East and North Africa (MENA), which appears to be lagging all other developing regions when it comes to financial inclusion. We use data from the 2014 World Bank...

Digital financial services (DFS) have rapidly expanded in recent years, largely driven by fintech and further accelerated by the COVID-19 pandemic. There are growing concerns that traditional financial literacy is insufficient to empower individuals to effectively access and use DFS. Digital...

Behavioral economics provides insights into how people process information and make decisions. It also helps to explain why and how people tend to make decisions that are not in their best interest, as opposed to what rational choice theory would suggest. This chapter provides an introduction to...

This study uses vulnerability assessment data collected by the UNHCR, WFP, and UNICEF from Syrian refugees in Lebanon, a country that hosts an estimated 1.5 million refugees from neighboring Syria and the highest per capita proportion of refugees in the world. The data are used to construct a...

Globally, 1.7 billion adults still lack access to formal financial services, with a large percentage living in South Asia and Sub-Saharan Africa. Current financial inclusion strategies seek to enhance these vulnerable populations' access to financial services with the aim of building more...

The recent COVID-19 pandemic and the expected increase in global crises threaten to push millions into poverty. Enhanced collaboration between humanitarian and development actors is critical to responding effectively and holistically to the needs of the world’s most vulnerable persons. As...

Increasing trends in forced displacement and poverty are expected to intensify in coming years. Data science approaches can be useful for governments and humanitarian organizations in designing more robust and effective targeting mechanisms. This study applies machine learning techniques and...

This chapter provides an overview of how digital technologies are transforming the financial services landscape. We highlight the latest in digital financial product and service offerings related to payments and transfers, savings and investments, borrowing, and risk management. We then consider...