by Saulius Ramanauskas -

MICROFINANCE PAPER WRAP-UP: “Leveraging Digital ID and e-KYC for the Financial Inclusion of Forcibly Displaced Persons: Risks and Opportunities;” Published by Alliance for Financial Inclusion

The authors of this paper discuss the use of electronic know-your-customer (e-KYC) procedures and digital forms of identification (ID) to support financial inclusion for forcibly displaced persons (FDPs) in Eswatini, Mauritania and Rwanda.

In Eswatini, refugees and asylum-seekers may apply for refugee ID cards and non-Swazi ID cards, respectively. After acquiring IDs, individuals may access

by Sheen Gupta -

MICROCAPITAL BRIEF: CIMB Bank Philippines, Zoloz Partner on e-KYC in Effort to Boost Digital Financial Services, Inclusion

CIMB Bank Philippines, a digital banking unit of Malaysia-based CIMB Group Holdings, recently announced a partnership with China-based Zoloz to leverage its electronic know-your-customer (e-KYC) technology to simplify the bank’s verification of customers’ identities and otherwise create an “enhanced payment experience.” Zoloz, which is owned by China’s Ant Group, offers products that