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Archive: March 2017

REPORT: Unlocking the Promise of (Big) Data to Promote Financial Inclusion

March 24, 2017

Posted by Christina Huntzinger

“Real innovation sits where it looks the least glamorous and is the most painful.”

– Ben Knelman, CEO of Juntos

 

Earlier this month, Juntos’ work with financial service providers (FSPs) was highlighted in a report centering on the role of data in financial inclusion. ┬áThe report specifically mentions Juntos’ customer segmentation and customer engagement strategies.

 

Accion lists Juntos’ customer segmentation as an example of successful data-driven innovation in financial inclusion

 

According to Next Billion: “‘Unlocking the Promise of (Big) Data to Promote Financial Inclusion‘ [aims] to provide financial services providers with ‘actionable insights and first steps’ on how to better use big data to boost financial inclusion. The report, developed with the support of the Citi Foundation, points out a remaining gap between the vision and reality of leveraging this data. Its approach to bridging this gap was summed up memorably in a quote from Ben Knelman of Juntos Finanzas: ‘Real innovation sits where it looks the least glamorous and is the most painful.'”

Find the full report here.

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