Tag Archives: Digitalization

What Makes a Fintech Inclusive? – Webinar Video

Co-hosted by MIX and FinDev Gateway, this webinar aims to provide clarity into inclusive fintech and, specifically, how to determine what makes a fintech “inclusive.” Bringing together diverse perspectives from government, think tanks, and practitioners, the webinar will highlight new frameworks that can help investors, policy makers and others to better understand, assess, and navigate the inclusive fintech space. Download webinar ...

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DRSAT: MFI Digital Readiness Self-Assessment Tool

New technology and digital transformation can spell big changes for an institution’s working habits, processes, products and services. To unlock the potential of digital tools, MFIs first need to understand where they are starting from. An MFI’s ability to implement large-scale digital initiatives is called its ‘digital readiness’. By identifying digital challenges and opportunities across both internal and external aspects ...

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Riding the Technology Wave in European Microfinance: the Case of Qredits

Read MFC’s latest case study  “Riding The Technology Wave in European Microfinance: The Case of Qredits”. This case study traces the origins and the digital evolution of Qredits, a Dutch microfinance foundation that is the only national program providing an alternative source of funding to new- and early-stage businesses.  Qredits, from its inception, has banked on the intensive use of ...

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EaSI TA Workshop: Digitalisation Strategy for Microfinance Institutions

Date: 15 March 2019 (09:00 – 16:30 CET) Location: Brussels, Belgium Topic: Digitalisation Strategy for Microfinance Institutions The European Commission is sponsoring a one-day microfinance workshop under the EaSI Technical Assistance programme on ‘How digital do you want to become? Digitalisation Strategy for Microfinance Institutions’. The event will take place in Brussels, Belgium on 15 March 2019. Digitalisation is a ...

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Fintech Marketplace at the MFC Annual Conference 2019: Call for Proposals

The objective of the Fintech Marketplace at the MFC Annual Conference 2019 is to create space for technology companies working with business lenders, fintechs and other types of alternative finance players to encourage innovation and partnership building in Europe and Central Asia. This dedicated market space created at the conference venue will allow alternative finance institutions to present their organizations, ...

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European Microfinance Award 2018: Financial Inclusion Through Technology Brochure

Read how the winner and finalists of the European Microfinance Award 2018 on Financial Inclusion through Technology have creatively used technology to improve the quality and efficiency of their services. This new brochure presents the background on the Award, outlines the selection process, the Award ceremony and showcases the Award winner (Advans Côte d’Ivoire, Ivory Coast) and the two finalists: KMF, Kazakhstan, the MFC ...

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MFC’s 2018 Annual Highlights: Top Resources and Activities

What a busy and successful year 2018 was for the MFC! We are thrilled to bring you this review of our key activities and achievements. Enjoy and benefit from the resources we’ve prepared for you! This year, we’ve been working hard to help advance best practice and develop financial inclusion by: Supporting microfinance institutions digitalization: FinTech mapping: We conducted mapping studies ...

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Experimenting with Digital Solutions: Initial Lessons from European Microfinance

This case study reviews digital applications and experimentation in digital transformation by European microfinance institutions. Using a digital transformation framework developed by the Microfinance Centre, the case explores the application of technology to core business processes and analyzes the use of various applications such as social media, virtual collaboration, mobile tools, data analytics and artificial intelligence. In addition to presenting ...

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The Tech-and-Touch Mix in Microfinance

This case study reviews how European MFIs incorporate high-tech solutions with the traditional high-touch personal approach to providing microfinance services and discusses the emergent models that MFIs are applying to combine these two approaches. Unlike FinTechs, MFIs retain the personal touch as a distinctive feature and a unique sales proposition of microfinance but there are differences as to when and ...

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Business Development Services and Microfinance: Case Studies in Operational Models

  The MFC research reviews the involvement of microfinance institutions in the provision of non-financial services to clients and other constituents. The provision of business development services (BDS) alongside credit has become a salient feature of many European MFIs. Over the years, different models of BDS have emerged, varying both by level of integration with core financial services and the ...

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