A history of credit scores
The ways of working out who to trust in the world of credit have changed with over the years. Let’s look at the history of credit scores.
Findex Findings: Inclusion increases but the credit gap persists
The Global Findex report from the World Bank shows account ownership is increasing but credit inclusion remains a challenge.
Regional Focus: Credit inclusion in Africa
Africa is one of the most diverse continents in the world. Home to more than a billion people and making up the largest free trade area on the planet. The continent is rich in natural and human resources and has the potential to build on these to drive inclusive growth. The diversity of the continent […]
Regional Focus: Credit inclusion in Latin America
Latin America and the Caribbean is a region of diversity and contrast. While it is home to hubs of innovation and technology, challenges to financial inclusion persist. Access to financial services varies widely between regions and segments of society. It is reported that 45% of the adult population do not hold a bank account and […]
What is a thin-file customer?
The financial systems, and the world of credit, have long been ruled by processes that entrench inequality. Financial inclusion is stifled by the fact that lenders rely on outdated systems such as credit files and bureau credit ratings and scores. These processes may serve those with a thick-file well, but this leads to the exclusion […]