Sophie Sirtaine
@SSirtaine
CEO @CGAP
ID:1194548334008184834
13-11-2019 09:31:41
218 Tweets
486 Followers
44 Following
India and Brazil are pioneering #openfinance , with significant impact through 64 million accounts linked via Account Aggregators in India, and 43 million in Brazil. For financial institutions, the benefits include reductions in credit processing cost!
cgap.org/blog/trust-and…?
#openfinance can unleash the power of #data for #FinancialInclusion . From improved credit scoring to better client segmentation and customized interfaces and financial products, potential use cases are nearly infinite, especially with #AI . See CGAP's
cgap.org/research/publi…
On #WorldWaterDay 2024, read CGAP's research showing that digital #financialinclusion can make water & sanitation more accessible and affordable for low-income communities and contribute to achieving universal access to safe water and sanitation ( #SDG6 ).
cgap.org/research/publi…
1.4bn people remain without access to finance. To bank the next 1bn, at CGAP we believe in the power of data - but to unlock it, low-income individuals must have access to affordable connectivity & governments must put in place #openfinance frameworks! Thank you Maria Fernandez Vidal!
Women are lower-risk borrowers than men, but face higher barriers to loan approval. Join CGAP's partners, Thymebank and AB Bank Zambia, in applying gender-intentional credit scoring approaches to reduce the #gendergap in #financialinclusion !
cgap.org/research/publi…
742 million women do not have access to finance. These women will never be served by financial institutions if they are invisible! More gender disaggregated data on access and usage of fin. services are needed to identify, understand and address gender gaps in #financialinclusion
Read this Bank of England paper on #openbanking , that shows that, in the UK, OB has unambiguously increased competition and innovation in the financial sector and improved consumer outcomes, including access to finance for SMEs.
bankofengland.co.uk/working-paper/…
#financialinclusion and #inclusivefinance can enhance the climate resilience, and facilitate the #climateadaptation , of low income people and small firms, as well as enable them to access green solutions. At CGAP, we believe they are absolutely essential for a #justtransition .
Join the annual discussions of #FinEquity , a community of practice convened by CGAP to support women economic empowerment and #financialinclusion . With more than 9000 members globally, FinEquity is a unique place to share knowledge with and learn from gender champions!
#Davos2024 with UN SG's Special Advocate Queen Máxima Queen Maxima, Nele Leosk, Estonia, Ling Hai Mastercard & Priya Vora,The Digital Impact Alliance, we discussed how governments can create the rails for a thriving digitally economy and private investment by investing in a digital public eco-system ( #DPE )