Cross-posted from APRI, Africa Policy Research Institute’s The Africa Hour, a monthly podcast Synopsis Cash is still king in Nigeria, Africa’s biggest economy, despite a decades-long push by the Central Bank of Nigeria (CBN) to switch to alternative modes of
Picturing financial security
UCI Community Credit partners with nonprofit Abrazar and PhotovoiceWorldwide to capture community stories of financial struggle, resilience in photographs The photos lining the community room at Santa Ana’s Delhi Center on May 12 may have seemed, at first glance, unrelated:
Talking about Money, Together: An Abrazar-UCI Photovoice Collaboration
UCI affiliates Jenny Fan, IMTFI manager, and Melissa Wrapp, ’21 anthropology Ph.D. and postdoctoral project manager of Community Credit, report out on Photovoice Worldwide Photovoice is a community-based participatory research approach in which participants tell stories about their lived experience
How ChatGPT is more like Bart Simpson than credit unions
IMTFI Director Bill Maurer explains in this blog post for Filene “When I was asked to write something about ChatGPT in relation to credit unions, naturally, I created an account with OpenAI, the company that developed this so-called generative AI
CBDC Field Research Insights: Hierarchies of Participation: Experiences with Cashlessness in Indonesia
By Sunniva Sandbukt (Assistant Professor at the IT-University of Copenhagen)This blogpost draws on fieldwork conducted in Yogyakarta, Indonesia, between 2018 and 2019 for the author’s PhD. Enter E-MoneyThe use of “e-money” in Indonesia began in 2007. In 2009, uang elektronik
CBDC Field Research Insights: Challenging Common Assumptions about Access to Financial Services – Reflections from Rural Mexico
By Clément Crucifix (UCLouvain, Belgium) When we think about financial inclusion, we often imagine people going by themselves to financial institutions or directly using payment apps on their phones. We think of access as individual, direct, and unmediated. For people
CBDC Field Research Insights: Frictions to Implement a CBDC – A View from the US-Mexico Family Remittance Corridor
By Bernardo Bátiz-Lazo (Northumbria University and Universidad Anahuac) and Ignacio González Correa (University of California, Davis) In our project, we looked at family remittances between the United States and Mexico, the third-largest remittance corridor worldwide by volume, after China and
CBDC Field Research Insights: Nigeria’s eNaira – Enabling Possibilities
By Olayinka David-West (Professor of Information Systems, Lagos Business School) and Immanuel Umukoro Nigeria launched the eNaira, Africa’s first central bank digital currency (CBDC), on October 25, 2021, as part of the country’s larger shift toward digital payments and away
CBDC Field Research Insights: Digital versus Cash Use among Women Urban Entrepreneurs in Greater Jakarta
By Caroline Mangowal (PhD, Founder of RISE Indonesia) RISE conducted a small-scale qualitative research project in Greater Jakarta in May 2022 to explore emerging payment systems and financial inclusion (contrasting cash and digital dependency and the entanglement between the two,
CBDC Field Research Insights: Public Perception and Acceptance of Digital Payment Systems in Indonesia
By Agus Indiyanto (Universitas Gadjah Mada, Indonesia) For Vera, 23, a culinary entrepreneur, digital payment options are a necessity, as they are for most Indonesians. These payment instruments provide answers to present-day demands that everything be done easily, practically, and