Cross-border and domestic money transfers play a critical role in the financial strategies of low-income households and present many opportunities to extend financial inclusion.
Our extensive research on themes and imperatives for national and regional payment systems and remittances spans sub-Saharan Africa and forms part of our dedicated programme on risk, remittances and integrity in partnership with FSD Africa.
International migration has become such a pressing global issue that one can hardly read or watch the news without hearing about it. Migration is typically driven by economic interest or forced displacements. Though it often delivers substantial benefits to the migrants themselves, it has also led to social upheaval and
Policymakers, development organisations and sometimes even private sector players, often rely on financial inclusion data uncovered through consumer or ‘demand-side’ surveys. However, insight2impact has been exploring the analysis of financial transaction data to generate new insights on people’s financial behaviour. We have partnered with government institutions and commercial banks to
The COVID-19 pandemic has exposed the vulnerability of people, and the financial and other systems that underpin much of our daily existence. Remittance recipients in Africa are likely to be particularly hard hit by both the immediate and longer-term effects of the pandemic. In 2018 alone, personal remittance flows to
The impact of COVID-19 on livelihoods in Africa – The effect on remittances Cenfri hosted an Africa digital dialogues series in partnership with the Digital Frontiers Institute (DFI) to explore the impact of COVID-19 on livelihoods in Africa. The first of the three-part series focused on the impact on migrants
The slowdown in economic activity brought about by the spread of Covid-19 has already been felt in the Northern Hemisphere where restrictions to the movement of people and goods are having significant adverse impact on economic growth and individual livelihoods. But what will the impact be on the Global South
This report reveals the findings from our qualitative and quantitative research with remittance senders who live in the United Kingdom and send remittances to either Cameroon, Kenya, Nigeria or Uganda. Remittances act as key sources of financial support for households: They reduce the likelihood of impoverishment, contribute to improved health
BankservAfrica and Cenfri investigate the role of ID proxy initiatives in transforming payment ecosystems in Africa and beyond. Real-time instant payments have become a hallmark of the digital economy and financial system. As part of our growing work in payment ecosystems, this report clarifies and investigates proxy and addressing
This diagnostic study explores Zambia’s payments landscape and provides insight and key learnings as Zambia’s 2018 – 2022 payment strategy to modernise the payment system and promote a cash-light society This report outlines salient features of the Zambian economic context and political economy with a bearing on the National Payment
This interview with Barry Cooper reflects on the highlights from the ITU digital fiat currency working group.
As we explore how behavioural science can narrow the gap between customer intention and customer action, we have started to look at examples from specific financial services. Two sectors identified as playing a role in improving the lives of the financially excluded are insurance and formal remittances. Behavioural interventions and
International migration has become such a pressing global issue that one can hardly read or watch the news without hearing about it. Migration is typically driven by economic interest or forced displacements. Though it often delivers substantial benefits to the migrants themselves, it has also led to social upheaval and
Policymakers, development organisations and sometimes even private sector players, often rely on financial inclusion data uncovered through consumer or ‘demand-side’ surveys. However, insight2impact has been exploring the analysis of financial transaction data to generate new insights on people’s financial behaviour. We have partnered with government institutions and commercial banks to
The COVID-19 pandemic has exposed the vulnerability of people, and the financial and other systems that underpin much of our daily existence. Remittance recipients in Africa are likely to be particularly hard hit by both the immediate and longer-term effects of the pandemic. In 2018 alone, personal remittance flows to
The impact of COVID-19 on livelihoods in Africa – The effect on remittances Cenfri hosted an Africa digital dialogues series in partnership with the Digital Frontiers Institute (DFI) to explore the impact of COVID-19 on livelihoods in Africa. The first of the three-part series focused on the impact on migrants
The slowdown in economic activity brought about by the spread of Covid-19 has already been felt in the Northern Hemisphere where restrictions to the movement of people and goods are having significant adverse impact on economic growth and individual livelihoods. But what will the impact be on the Global South
This report reveals the findings from our qualitative and quantitative research with remittance senders who live in the United Kingdom and send remittances to either Cameroon, Kenya, Nigeria or Uganda. Remittances act as key sources of financial support for households: They reduce the likelihood of impoverishment, contribute to improved health
BankservAfrica and Cenfri investigate the role of ID proxy initiatives in transforming payment ecosystems in Africa and beyond. Real-time instant payments have become a hallmark of the digital economy and financial system. As part of our growing work in payment ecosystems, this report clarifies and investigates proxy and addressing
This diagnostic study explores Zambia’s payments landscape and provides insight and key learnings as Zambia’s 2018 – 2022 payment strategy to modernise the payment system and promote a cash-light society This report outlines salient features of the Zambian economic context and political economy with a bearing on the National Payment
This interview with Barry Cooper reflects on the highlights from the ITU digital fiat currency working group.
As we explore how behavioural science can narrow the gap between customer intention and customer action, we have started to look at examples from specific financial services. Two sectors identified as playing a role in improving the lives of the financially excluded are insurance and formal remittances. Behavioural interventions and
