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Digital Finance and Data Security

The digitalisation of financial services creates many opportunities, including increasing financial inclusion and reaching the under-served population. Concerns are now raising with regards to data and the security of our information in this increasingly digital world. The goal of this research, conducted by CFI Fellow Patrick Traynor, is to examine how well digital lenders are responding to these questions.

  • To whom am I giving my data? And who else do they allow to access it? For what purposes?
  • How do the companies protect data so that people who do not have legitimate access cannot use or steal it?
  • What rights and options do I have if something does go wrong?

 

 

Centre for Financial Inclusion
The Center for Financial Inclusion at Accion (CFI) engages and challenges the industry to better serve, protect and empower clients. We develop insights, advocate on behalf of clients and collaborate with stakeholders to achieve a comprehensive vision for financial inclusion. We are dedicated to enabling 3 billion people who are left out of – or poorly served by – the financial sector to improve their lives.

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