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Showing results for "savings"

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Six aspects financial institutions must consider if they wish to serve young people

Many financial service providers (FSPs) wish to serve youth but lack appropriate products and services that suit their needs. In this blog, we highlight prominent aspects that financial institutions need to focus on as they design and deliver financial services to youth.

Blog

Why should financial institutions focus on youth?

Financial Service Providers (FSPs) have embraced the drive to promote financial inclusion. However, many feel that the investment made in reaching out to these segments may not be commensurate with the benefits they stand to gain. In this blog, we discuss how FSPs can determine whether it is worth serving certain segments and we specifically focus on the business case to serve the youth.

Blog

Survival, recovery, and building resilience: Transformation of financial institutions in the times of COVID-19 – Part 2

This blog looks at how financial institutions can build upon the survival strategies to recover and transform during the COVID-19
pandemic and afterward.

Blog

The impact of COVID-19 on LMI segment in Indonesia

This is the first of two blogs that highlights the insights from MSC study to understand the economic and health impact of COVID-19 on LMI ( Low and medium income) Indonesians.

Blog

COVID-19: A harbinger of consumer behavior shifts among FinTech users

The blog analyzes the impact of the COVID-19 on two major categories of FinTechs—credit and savings FinTechs. We analyze the immediate impact of the pandemic and the ensuing regulatory changes on FinTechs along with some long-term changes in consumer behavior that can have a systemic adverse impact. We close by recommending data-driven measures that credit and savings FinTechs should take today to control and arrest such adverse changes in consumer behavior.

Blog

The power of unified digital agricultural services

Digital agricultural services are gaining ground globally and transforming agriculture for smallholder cultivators. The unification of these largely unintegrated services offers a stronger proposition for actors in agricultural ecosystems. This blog explores how the journey of unification can be started and the opportunities it offers stakeholders.