Tag: banks

This video focuses on why it is important for financial institutions to digitize savings groups, challenges that savings groups experience as they go through this transformational journey as well as the benefits that these organizations stand to gain by moving away from manual operations toward more digitized solutions. Watch and learn.

MSC and Boston Consulting Group (BCG) conducted a study on the economics of Cash-In/Cash-Out (CICO) agent networks in Indonesia. The objective of this study was to generate actionable insights to build more sustainable CICO networks in a country that has over a million agents from both banks and non-banking organizations.

Bernie Akporiaye launched MaTontine in 2015. His objective was to provide a digital financial services platform so as to unlock access to financial services for the financially excluded in Africa. MaTontine goes back to a system used all over Africa called Tontines in Francophone Africa and sometimes called saving circles in other parts of Africa. Read more about this success story.

The blog describes how technology presents the financial services sector with four huge opportunities and also three significant threats.

Driven by the government’s financial inclusion agenda, as the BC model expands in multiple forms, banks and BCNMs are experiencing new consumer demand and expectations.

Continuous credit risk monitoring remains one of the biggest challenges for many financial institutions. Yet its management is critical to a financial institution’s sustainability