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CGD Policy Blogs

 

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Navigating New Frontiers for Women’s Financial Inclusion: Data and Harmonization in a Digital World

The world of digital financial services (DFS)—mobile money, mobile banking, digital payment platforms, and FinTechs—is the new frontier for financial inclusion. But what does this frontier mean for women—and how can we navigate it using harmonized gender data? Starting with the G7 gender ministerial later this week,  several high-level meetings in the next six months provide an opportunity for the international community to begin addressing that question by setting a common gender data agenda—a necessary step if DFS are to help close the financial inclusion gender gap.

The Next Billion Customers: Is Technology the Key to Closing the Global Gap in Financial Services?

Over 1.7 billion adults worldwide remain unbanked, but two-thirds of them own a mobile phone that could easily connect them to the financial services they need. Governments could leverage digital payments to bring wages, pensions, and services directly to their beneficiaries. Private sector banks could provide digital accounts, loans, and savings devices to a new, previously unreached market. And these unbanked adults could have safe and secure methods to save, invest, and transfer money.

Women in Fintech: Steps towards Gender Equality in a Most Unequal Sector

On October 4, CGD convened a private roundtable on women and financial technology in development alongside Monica Brand Engel, co-founding partner of Quona Capital (which invests in financial technology solutions in the developing world), and Wendy Jagerson Teleki of the International Finance Corporation. An engaged set of participants from MDBs, government, civil society, and the private sector joined Engel and Teleki in exchanging ideas on how to increase women’s representation in financial technology (or “fintech” for short) leadership and improve access to financial services for women. 

Why Registration and ID Are Gender Equality Issues

CGD, along with Data2X and the World Bank Group, recently hosted an event on the intersections of civil registration and vital statistics (CRVS), legal identification, and gender equality. That sounds like a mouthful, to be sure, but it all comes down to one simple idea: both men and women need to be able to prove who they are, so that they can exercise their rights as citizens and be counted by their governments.

Women’s Economic Empowerment: It’s Trendy – Can We Make It Timeless?

“Women’s economic empowerment” has suddenly become the talk of the town, whether that town is Antalya, Davos, or Washington. But will all of the recent high-level talk be backed up by meaningful action? And how do we ensure that actions taken are grounded in evidence? Here we explore women’s economic empowerment as a trend gaining traction and how to make sure that the trend becomes timeless.