FinBlog

Tool & Tips for Financial Institutions.

Fintech in Africa: improving financial inclusion

Fintech has revolutionized the financial industry. Ever since fintech companies began to flourish in the 90s, the financial industry has birthed new and exciting ideas aimed at improving user experience and helping financial institutions become more efficient and provide a better service. Fintech and innovation are great tools to promote financial inclusion. In fact, between […]

Latest Posts

Understanding African consumer behaviour in the financial services industry

Understanding African consumer behaviour in the financial services industry

The banking industry worldwide has experienced sluggish growth lately, yet in Africa the situation is actually the opposite. The African banking market is the second fastest growing in the world and the banking industry is the second most profitable in the region. Nonetheless, in order for the growth to continue, banks need to understand African […]

How to effectively use data collected via digital channels

How to effectively use data collected via digital channels

In the digital world, attending to customers can be a particularly difficult feat to accomplish, especially for financial institutions who used to rely mainly on meeting customers face to face and discussing their financial situation. Getting to know consumers and understanding their needs in this age requires a new approach: data collection and analysis.   […]

Advancing Women’s Financial Inclusion

Advancing Women’s Financial Inclusion

Nowadays, according to Global Findex 2017, 54,4% of adults in Latin America has a bank account, which translates into a 3% growth from 2014 and a 11% growth since 2011. However, as important as this remained unchanged since 2011. Regarding access to bank accounts, the gender gap remains at 7% percent worldwide. This gap is […]

Why credit unions must go digital

Why credit unions must go digital

In recent years, credit unions have experienced remarkable growth, adding members at a record pace and deepening engagement among its users. This should not come as a surprise given that financial institutions such as these provide very interesting advantages to banks such as lower transfer fees and overdraft fees, as well as no ATM fees, […]

Uruguay’s Bankingly Raises Series A Funding from Elevar Equity and The Rise Fund to Enable Financial Inclusion Globally

Bankingly, one of Latin America’s leading providers of world-class digital banking channels to financial institutions, announced today that it has raised $5.25Mn in a round led by Elevar Equity, and in which The Rise Fund, through its co-investment partnership with Elevar Equity, and Endeavor Catalyst also participated. Through its software as a service solution (SaaS), […]

How to merge the physical and digital world of your financial institution

The combined force of physical and digital environments is truly positive for financial institutions and members. Consumers are engaging with institutions in the offline and online world – trying on shoes and later buying it online, or researching a car on a website and then walk into a dealership to buy the one they saw. […]

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