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In the era of “big data,” collecting facts, figures and numbers is seemingly second nature. For those of us in the financial inclusion industry, donors and investors ask how we will measure, learn and optimize; supporters want to understand the impact that we are having; and in-country stakeholders need to monitor progress. Yet during the

Fraud is a very serious issue, especially for card payments. The Nilson Report estimates that card payment fraud costs consumers, businesses, and card issuers $15 billion per year. A considerable share of this burden rests with the issuing financial institutions. As credit card companies and banks resort to increasingly aggressive methods to tackle this growing

In the past couple of years there has been increasing interest in the topic of “interoperability” in mobile money and its potential impact for the nascent sector. A handful of deployments, such as in Indonesia and more recently in Tanzania, have garnered attention in various blogs and reports, while a growing number of non-governmental bodies

Now that we live in an era where practically any good or service can be purchased online with the swipe of a finger, cross-border commerce is in full swing. Smartphones have attracted over 2 billion consumers around the world onto the Internet. By 2020, it is expected that there will be 4 billion smartphones in

Credit scores can be limiting and in some cases, misleading, because they don’t take into account a consumer’s full financial life. For instance, a consumer might have a high credit score while also struggling financially and vice versa. Financial service providers will find it worthwhile to look beyond the credit score to potentially capture a

October 1, 2015 was a landmark day for the U.S. payments industry. It marked the official start of shifting liability for fraudulent payment card transactions to retailers and other businesses that have not upgraded their payment systems to accept the new EMV payment cards, commonly known as chip-and-PIN cards. Proponents of EMV cards say that

Trulioo has been chosen as a runner-up for the 2015 Startup Canada Award for Innovation. Members of the team joined other award recipients at the Startup Canada Regional Awards (West & North) ceremony on November 4th at the Imperial Theatre in Vancouver. “It’s a true honor to receive this outstanding recognition for our innovation,” said

With the knowledge of what a recession can mean, the very thought of another one can create anxiety and stress for individuals and businesses. The last few recessions around the world have had devastating effects, taking many years to recover from and reignite consumer confidence. When a recession is looming, it’s clear that something has

A startling statistic encapsulates the gravity of India’s financial inclusion problem: The country is currently home to 21 percent of the world’s unbanked adults. In an effort to counteract the fact that nearly half of the Indian population is without a bank account, Prime Minister Narendra Modi launched an ambitious financial inclusion plan in 2014.