Renaming this Blog: Moving from Mobile Money to Digital Financial Services for Development

Taken from the Mobile Money Pakistan Blog

Taken from the Mobile Money Pakistan Blog

In 2012, I set this blog up to focus on my work and experiences supporting mobile money for development.  At that time, much of the world interest was in the use of mobile technology and especially mobile enabled e-money services to support development.  Over the years, however, I have witnessed the growing importance of the convergence of various financial players from payment operators, both traditional companies and new start ups, banks and various new financial players, to other third party operators to support broader digital financial services to promote financial inclusion.  As I have mentioned in my post last year, these expanded services include greater integration and convergence of electronic funds transfers, debit/ATM cards, and agent banking.  Over the past couple of years, a range of public and private players including USAID, DFID, GIZ, the IFC, the Better Than Cash Alliance, the Bill & Melinda Gates Foundation, CGAP, the Alliance for Financial Inclusion, and other groups have actively supported or focused on policy areas that promoted the use of digital financial services for greater financial inclusion.

As stated in the blog article Offering Digital Financial Services to Promote Financial Inclusion: Lessons We’ve Learned, the greater role of governments, regulators, private sector players and, more importantly, the role and perspective of clients at the base of the economic pyramid, now have a much better chance of accomplishing deeper financial inclusion than we have seen in the past.  Based on my observations and the importance of looking more broadly at the use of digital payments and other forms of digital financial services, I have decided to rename this blog to the Digital Financial Services for Development blog.

Stay tuned for my upcoming blog on the digital financial services predictions for 2015!

Related:

Offering Digital Financial Services to Promote Financial Inclusion: Lessons We’ve Learned

Moving from Mobile Money to Digital Financial Services for Financial Inclusion 

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