The Crucial Role of Financial Institutions in Asia and the Pacific's Climate Change Battle
Climate change is hitting Asia and the Pacific hard, with many countries ill-prepared for the crisis. Yet, financial institutions stand poised to make a difference if they promote sustainable practices and receive the right support.
Connecting the Unbanked: How the Internet of Things can Expand Financial Services
The Internet of Things—a rapidly growing network of connected devices—can help bring financial services to those most in need.
Insurtech Can Bring Insurance Protection to the Poor and Vulnerable
By removing obstacles to getting insurance, insurtech can bring more people into the financial system, accelerating social and economic development.
E-Transaction Platforms Could Help Protect Asia’s Banks from Nonperforming Loans
Persistent, high levels of nonperforming loans could undermine bank lending and economic recovery in Asia’s developing countries.
Cloud Computing Can be a Key Enabler of Financial Inclusion
Cloud-based services can provide solutions for banks and other financial institutions that serve the poor and people in remote areas.
Microfinance Survived the Pandemic but Challenges Lie Ahead
The right actions by microfinance institutions and governments can ensure a promising outlook for microfinance in Asia this year.
Empowering Micro, Small and Medium-Sized Enterprises in Kazakhstan
Micro, Small and Medium-Sized Enterprises in Kazakhstan need increased financing coupled with targeted, innovative solutions to continue driving the economy and creating jobs.
Government-Backed Digital Currencies Can Be a Powerful Tool for Financial Inclusion
Government-backed digital currencies can help remote communities leap-frog the limitations of traditional currencies and get more people into financial systems.
If Carefully Managed, “Buy Now, Pay Later” Can Bring More People into the Financial System
The popular instant credit system could be a powerful tool to help Asia’s unbanked establish credit, open bank accounts and otherwise reap the benefits of the formal financial system.
In Asia, We Need to Calculate Credit Scores Differently to Help Women Get Loans
A great credit score is crucial to secure loans. But traditional credit scoring models put many women at a disadvantage. It’s time for a new model.