GAFIS

GAFIS

Publication

In the GAFIS project, BFA worked with bank executives and staff to design savings products to serve low income customers of five commercial banks in diverse markets with over 256 billion USD in combined assets and over 60 million accounts. BFA developed pro-forma investment business cases for each low income customer segment at individual, portfolio, and institution-wide levels. With BFA’s detailed analysis of products and compatible distribution channel delivery systems, the banks were able to implement targeted, cost-effective pilot programs for the new products and have experienced significant grown in the number of customers and active accounts year over year.

Explore GAFIS

Focus Note 1: Gateway Financial Innovations for Savings

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Focus Note 2: Stylizing savings behavior to better serve poor clients

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Focus Note 3: The impact of gateway dynamics on the business case for small balance savings

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Focus Note 4: Agents and Cash Merchant Channels Begin to Deliver Useful Savings Products

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Big Banks Small Savers

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Other Projects

From Last Mile to First Touch: The Changing Role of Aggregators in Digital Finance Ecosystems
Digital Savings Groups
The Impact of Banco Azteca in Peru
Refugees and Their Money: Assessing the Business Case for Providing Financial Services to Refugees
Financial Digital Identity: Landscaping a digital financial identity for SADC
Going Beyond Regulatory Sandboxes to Enable Fintech Innovation in Emerging Markets
Updated January 2018