Who is most responsible for driving financial innovation?
We posed this question to our audience during our hashtagFIW24 panel discussion on “Empowering Women & Farmers: Consumer-Centric Financial Innovations”, and the results were fascinating!
While most pointed to the private sector, our panelists Sahana Arun Kumar, Shilpa Rao (Reserve Bank Innovation Hub (RBIH)), Antonia Bassène and Agnes Salyanty (Women’s World Banking) highlighted the complementarity of all three key players:
Governments play a vital role in protecting businesses and consumers; the private sector drives innovation with a focus on profitability; and the development sector bridges the gap, aligning hashtagstakeholders, molding hashtagpartnerships, testing hashtaginnovations as proof of concept so as to ensure hashtagsustainable hashtagsolutions for underserved hashtagcommunities.
A huge thanks to everyone who joined us for the session, and to our esteemed panelists for sharing their valuable insights. And a special thanks to Center for Financial Inclusion (CFI) for giving us the stage to convene and share these insights. Let’s keep the momentum going!
hashtagFIW24 hashtagFinclusionWeek hashtagfinancialinclusion hashtaginclusivefinance hashtaginnovation hashtagwomen hashtagdigitalfinancialservices