An Ecosystem Approach to Financial Inclusion

Together, a group of diverse and global stakeholders have come together as a community at practice, working at local and international levels to advance digital services, of which financial services are one, for the benefit of low-income consumers. Activities are wide-ranging and in many cases require cross-sector collaborations.

Example Project: Mojaloop

Building Technology and Infrastructure: Developed in conjunction with the Level One project, the Mojaloop open source software platform is informed by the experiences of providers and created through a collaborative effort of technology providers. It establishes a blueprint for interoperable payment services to enhance scalability and suitability of financial products and services.

Example Project: Enhancing  Women’s Economic Empowerment Through Digital Cash Transfers: D3 Criteria

Promoting Advocacy, Learning, and Information Exchange: The WEE FI Group at the Gates Foundation, as well as D3 Workshop participants from the UNCDF Research Center, provided guidance and feedback to FSP’s creation of the D3 (Digitize/Direct/Design) criteria for the design and delivery of social transfers to women.

Next Topic in this Section: Recognizing the PAFI Principles