With an emphasis on inclusive financial integrity, Cenfri provides technical assistance, tools and skills building to policymakers, regulators, supervisors and compliance heads looking to apply risk-based and outcomes accountable approaches to money laundering, terrorism financing and proliferation-financing risk strategies. Combining our understanding of relevant risks, familiarity with the FATF guidelines, knowledge of identity and identity-proofing capabilities and leveraging our competency in risk data analytics, we support financial service value chains undertake assessments from national level to the financial product level, thereby enabling the adoption of appropriate customer due diligence practices. Cenfri is committed to assisting countries to move off the grey list responsibly, shaping national risk assessment processes with empirical data and working with remittance services’ compliance managers to ensure that low-income households are not disproportionately affected in receiving low-value remittances. We are interested in mitigating the longer-term impact of illicit financial flows using digital technology (regtech, suptech and AI) to evaluate and monitor illicit flows and enhance inclusive financial integrity. We have worked with BankServ Africa, FSD Africa, GIZ, IFAD’s Financing Facility for Remittances, UNCDF and AFI on a range of financial integrity and identity projects. |
Lito Villanueva, Managing Director and CEO of Philippines digital financial solutions provider, FINTQ, shares his views on collaboration to further the goal of financial inclusion and the company’s new micro deposits offer. FINTQ has been successful in forming partnerships with banks. What lessons have you learnt about creating viable partnerships and
Joseph, a smallholder sugarcane farmer in Swaziland, stopped contributing to his funeral insurance cover – preferring to rely on his neighbours in the event a death in the family occurred. Questioned about this, it became clear that his decision boiled down to trust; “I just don’t trust the insurance business,”
The importance of data for closing the financial inclusion gender gap. The 2014 Global Findex Report identified that in developing economies, women are 9% less likely to be formally banked than men, with 59% of men and 50% of women having bank accounts. The financial inclusion community is actively addressing this gap, but
Prof. Hal Hershfield shares some insights on how trade-offs between the present and a future state affect the financial decisions that people make. i2i has a specific interest in financial decision-making. What are the links between behavioural science and individual behaviour when it comes to the take-up and usage of financial services?
Prof. Hal Hershfield shares some insights on how trade-offs between the present and a future state affect the financial decisions that people make. i2i has a specific interest in financial decision-making. What are the links between behavioural science and individual behaviour when it comes to the take-up and usage of financial services?
Webinar #4. The aim is to extend the conversation from the previous webinar which was focused on spatial data collection sustainability to the analytical power of spatial data overlaid with other data sources to inform decision-making. insight2impact (i2ifacility) was funded by Bill and Melinda Gates Foundation in partnership with Mastercard Foundation. The programme was established and
Datahacks4Fi Presentations Rwanda. insight2impact (i2ifacility) was funded by Bill and Melinda Gates Foundation in partnership with Mastercard Foundation. The programme was established and driven by Cenfri and Finmark Trust.
Financial inclusion has in recent years found itself at a cross-road. Ambitious government targets, private sector investment and innovation, and steadfast support from the development community has greatly increased the number of individuals with financial services globally. The availability and uptake of these products have in many cases, however, failed
In my time as a demand-side researcher, I’ve often been labelled as a highly technical researcher. This identification of me as technical comes largely from my ease and comfort in working with data and the many kinds of software that you can use to understand it, but it also comes
