Publication: Can Digital Footprints Lead to Greater Financial Inclusion?
Date
2012-07
ISSN
Published
2012-07
Author(s)
Kumar, Kabir
Muhota, Kim
Abstract
Poor people's use of their mobile
phones generates data that leave what can be called a
digital footprint. These data are among a handful of sources
of electronic information that exist on poor people. This
information is potentially powerful but has not yet been
used in ways to radically impact financial access for poor
people. This brief highlights some early experience on the
potential of digital footprints from mobile phone use. Most
of this initial work is experimental. As long as consumer
interests are protected and privacy, security, and ethical
use concerns are addressed, these data may become a useful
way to reach unbanked poor people with a range of financial products.
Citation
“Kumar, Kabir; Muhota, Kim. 2012. Can Digital Footprints Lead to Greater Financial Inclusion?. CGAP Brief. © Washington, DC: World Bank. http://openknowledge.worldbank.org/entities/publication/0f5c14c0-4b41-546d-91cf-6bc1c3a6d602 License: CC BY 3.0 IGO.”