Recent Blogs
Blog
The Stories Behind Late Repayment on Digital Credit in Cote D’Ivoire
Borrowers in Cote D’Ivoire had higher rates of loan non-repayment than those in Kenya and Tanzania, and CGAP wanted to know why. Qualitative research results shed more light on the users’ experience and the possible causes of the late repayments.Blog
FATF's Proposed Rules for Payments: Balancing Integrity and Inclusion?
As the Financial Action Task Force (FATF) seeks feedback for its revised Recommendation 16, or "travel rule", it is imperative to consider potential impacts on the financial inclusion of low-income customers.Blog
Digitizing G2P Payments: Lessons from Indonesia
Indonesia's digitization transformation for G2P payments showcases what can be achieved when strong government commitment and collaboration are combined with advanced technologies.Blog
How Can Regulators Enable Last-Mile Agent Networks?
Extensive and inclusive cash-in/cash-out (CICO) agent networks are key to ensuring DFS access in rural areas. Regulators play an essential role here by enabling DFS providers to innovate agent network models that are sustainable in rural areas.Blog
Cash vs. Digital? Unleashing the Power of DFS through Agent Networks
The rise of DFS has sparked debate on cash's future in developing economies. But, despite increasing adoption of DFS, cash prevails in most global economies, emphasizing agent networks' crucial role as enablers rather than disruptors.Blog
Lessons From 4 Examples on the Leading Edge of Climate-Focused G2P
All G2P programs contribute to climate adaptation to some extent, with examples in India, Ethiopia, Kenya, and the Philippines showing us how specific program design features can support greater climate adaptation for recipients and their households.Blog
Climate-Focused G2P: Beyond Disaster Response
The current focus of G2P programs on emergency response is insufficient to support long-term climate change adaptation. Long-term adaptation must be considered, and designed into programs, to reduce intergenerational vulnerability to climate change.Blog
Regular Savings from Irregular Income: How Platforms Can Help
CGAP partnered with fintechs and platforms across Sub-Saharan Africa to understand how they are using digital rails to offer savings products to low-income gig workers. Here, we share what we found.Blog
Inclusive CBDCs: Inflated Expectations or A New Productivity?
Where will central bank digital currencies (CBDCs) land on the Gartner Hype Cycle? Are they full of inflated expectations, or a new tool for greater financial inclusion? We explore where CBDCs might provide at least incremental gains.Blog
Doing Good by Doing Well: Women Banking Agents in India
In India's Bihar state, women Bank Sakhi agents help enable financial inclusion for rural, vulnerable, and hard-to-reach customers, more so than the traditional agents - but various gender norms constrain how they operate. We discuss solutions.Blog
G2P Recipients Are Worth Competing For
Open G2P systems have great potential to connect recipients with a host of PSPs from which they can choose to receive their transfers. TymeBank realized the profitability potential of G2P customers and turned it into a core aspect of their strategy.Blog
How Did Bancolombia Create a Successful Rural Agent Network at Scale?
Bancolombia is a great example of a provider that's been successful in developing rural agent business models at scale, therefore playing a critical role in furthering financial inclusion. Here, we look at the factors that explain their success.Blog
High Tech, High Touch: Bringing Formal Loans to Rural India
Despite its success developing digital public infrastructure to enable inclusive financial development, India still faces challenges in bringing formal credit to rural and low-income households. A new app supported by CGAP aims to provide a solution.Blog
Financial Inclusion-Friendly G2P: Recommendations for Stakeholders
G2P transfer experiments during the COVID-19 pandemic collectively demonstrate the importance of “financial inclusion (FI)-friendly” G2P - intentional architecting and implementation that support active DFS usage beyond an initial payment.Blog
When Fiat Fails for Remittances: Testing Cryptocurrency's Potential
Sanctions imposed on the Russian financial system have revealed shortcomings in cryptocurrency's current ability to boost inclusion – crypto users and their exchanges inhabit the offline world where the traditional financial system still holds sway.Blog
Findex and G2P: Are Transfers Translating to Inclusion at Scale?
Governments are enrolling the unbanked into the formal financial system at scale in EMDEs, primarily to facilitate government-to-person (G2P) payments, but do all these accounts with funds flowing into them amount to financial inclusion? Not yet.Blog
National Payment Systems in ECA Show Resilience in Crisis Times
Remittances channels are vital for the well-being of millions of low-income families in the ECA region. As international payment systems are disrupted, the integration of national payment systems have been filling some of the gap.Blog
The Benefits of G2P Choice: Zambia Leads the Way
In 2017, Zambia introduced a government-to-person (G2P) payments model that lets beneficiaries choose the provider they want to use to receive their payment. Today, the benefits to the recipients, providers and government are clear.Blog
Comparing India’s UPI and Brazil’s New Instant Payment System, PIX
Many countries are pressing forward with new systems to enable better, faster digital payments. Brazil's instant payment system, PIX, is among the newest and most exciting. How does it compare to India's well-known UPI system?Blog