Data can play an integral role in all aspects of financial inclusion development. Innovative ways of collecting, analysing and storing data can lower the cost of up-to-date, high-quality geospatial data on financial access points or help banks offer more tailored financial solutions to their clients by analysing their existing transactional data. Machine learning can better assess creditworthiness for clients with no official credit history, and shared client data can open the door to additional services that improve client value. These developments can enable financial service providers, policymakers and impact investors to optimise the impact of their work through the use of data.
Our global i2i programme connects decision-makers with the data they need by building on, and showcasing, the existing knowledge base of financial inclusion data and collaborating with a wide range of partners.