> Posted by Center Staff

What were your favorite financial inclusion stories of 2016? In the world of finance for the base of the economic pyramid, change was in the air in 2016.

We saw nearly ubiquitous government support for financial inclusion policy, successful initial public offerings (IPOs) of microfinance institutions, the launch of the first fully-interoperable mobile money platform in Peru with BiM, demonetization in India, MyBucks purchasing six Opportunity International banks in Sub Saharan Africa, bank failures and take-overs in Africa, troubling credit scoring approaches being developed in China, interest rate caps in Kenya, and fintechs and banks partnering like never before.

Of course, these are just a few standout developments. What were the pivotal moments for financial inclusion in 2016 in your opinion?

As readers, you’ve already inadvertently cast your ballot, at least in one sense. Here are the most read CFI blog posts that were published during 2016:

1. The Business of Financial Inclusion: Insights from Emerging Market Banks

When it comes to financial inclusion, as is true in many sectors these days, sexy start-ups and disruptive innovators often occupy the spotlight…

2. Mexico Launches Comprehensive Financial Inclusion Strategy

Last week the President of Mexico launched the country’s long-delayed National Financial Inclusion Strategy…

3. What Does India’s Demonetization Experiment Mean for Financial Inclusion?

Last week was a rather challenging one for the Indian economy. On November 8, India’s Prime Minister Narendra Modi announced a dramatic demonetization exercise that rendered all Rs. 500 and Rs. 1000 notes void starting November 9…

4. BiM – The First Fully-Interoperable Mobile Money Platform: Now Live in Peru

Yesterday marked the official launch of BiM, Peru’s groundbreaking nationwide mobile money platform…

5. Is Weak Governance to Blame for Bank Collapses in Kenya?

In recent months several prominent banks in Kenya have collapsed, with Chase Bank (no relation to JPMorgan Chase) most recently placed under receivership by the Central Bank of Kenya (CBK) earlier this month…

6. The New Wave of Partnership Models Between Banks and Fintech Startups

With financial technology disrupting the industry, banks are turning to startups to help them innovate, and startups are turning to banks to help them scale…

7. The Lending Club Scandal and What It Means for Marketplace Lending

If you’re plugged into the world of online marketplace lending then you heard this week’s news about Lending Club’s internal scandal which culminated in the resignation of its founder, chairman, and chief executive, Renaud Laplanche…

8. Interest Rate Caps in Nigeria May Not Be Good for Clients

The Central Bank of Nigeria (CBN) is preparing to issue a Guide to Charges for Banks and Other Financial Institutions for providers in Nigeria, which sets out rules for commissions, charges, and rates on various products and services…

9. Social Impact Bonds and Financial Inclusion

A lot has been said on social or development impact bonds (SIBs), and the instrument evidently has acquired enough vintage to be subjected to an insightful review by the Brookings Institute on the promises and limitations of its applications…

10. Davos Should Consider Basel III Impact on Inclusion

When the Basel Committee speaks, everyone involved in the financial world pays attention. In their new report, it attempts to come to terms with financial inclusion…

We’re grateful for your support of these and all our posts. We look forward to the financial inclusion stories of 2017!