Library

Library

Nena Stoiljkovic on Women Entrpreneurship
IFC Vice President Nena Stoiljkovic was in Japan for the international conference "World Assembly for Women: WAW!" talked about support for women. Of IFC's many missions, supporting female entrepreneurs is very important. IFC has a network of around 800 local banks in developing countries, through which they offer support to make it easier for...
IFC Vice President Karin Finkelston Speaks about Digital Opportunities in Africa
A few years ago, about two million people were unbanked worldwide. The World Bank is working to bridge that gap through a commitment to universal access to financial services by 2020. IFC Vice President Karin Finkelston says the segments that should be focused on are youth, women, rural populations and smallholder farmers. “When we look at where...
GDPR Becomes Reality, Consumer Data Becomes Global
The European Union’s General Data Protection Regulation (GDPR) took effect on May 25. PYMNTS.com has gathered thoughts on GDPR from payments luminaries. This publication includes articles from what they said about the challenges and rewards of a new regulatory environment.
Building the Future-Ready Bank: Banking Technology Vision 2018
Retail banking is witnessing a revolutionary moment in China. With over 1.5 billion active users, Alipay™ and WeChat are reshaping the payments landscape with a deluge of innovations that are making both cash and traditional card payments anachronistic in some cities. While mobile payments languish in the low single digit percentage in the U.S.,...
Highlights from the Speech of Dr. Patrick Njoroge to the Africa SME Finance Forum
In Kenya, SMEs are the mainstay of the economy and are expected to play a permanent role in realizing the Vision 2030, Kenya's evolvement group blueprint. Central Bank Governor Dr. Patrick Njoroge was the keynote speaker for the opening remarks at the Africa SME Finance Forum in Nairobi, which took place May 15-16. The event had 370 people from...
Case Study: Digicel Mobile Money (MonCash), Haiti
Mobile money first took root in Haiti as a way of distruting grant payments to victims of the 2010 earthquake. For years it made little headway, until 2016. Since then it has seen a surge in use. Why? A CGAP case study looks at how one mobile money provider's focus on customers' needs - and on empowering customers - has driven strong uptake and...
30+ Attend the Africa SME Finance Forum Study Tour to Equity Bank Kenya
30+ banking and finance professionals attended the Africa SME Finance Forum's study tour on May 14. The tour featured seven financial institutions and fintechs that have best in class, innovative ways of serving SMEs clients. One of the visits was to Equity Bank Kenya Limited, a commercial bank headquartered in Nairobi, Kenya. "It was a real life...
Report: Digital Access: The Future of Financial Inclusion
Digital Access: The Future of Financial Inclusion captures the knowledge and experienced that The Partnership for Financial Inclusion has gained over the past six years, working to develop and promote commercially sustainable solutions for greater financial inclusion across Sub-Saharan Africa. It includes case studies, research highlights, market...
Report: Artificial Intelligence: Practical Superpowers
On May 16, BFA launched the first-ever report on artificial intelligence as it relates to financial services in Africa and the low-income customer. “Artificial Intelligence: Practical Superpowers,” is relevant for fintech companies and FSPs in Africa who are interested in or looking to move into AI. The FIBR paper presents a practical and...
Member News: Afriland First Bank to Boost Lending to Liberian SMEs
The African Development Bank has approved US$ 20 million facility to boost lending to small and medium-sized enterprises in Liberia. The loan, approved by the Board of Directors of the Bank on May 16, is a trade finance package for three Liberian commercial banks: Liberian Bank for Development and Investment; International Bank of Limited and...