Inching closer to understanding the digital finance impact question

Categories : Customer and Users of Digital Payments, Financial inclusion

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Author: FiDA Partnership

Thee third edition of the Digital Finance Evidence Gap Map (EGM) has been launched by the FiDA Partnership . While the first edition contained 40 studies, two years on the EGM has almost doubled . Each year, as studies amass, we inch closer to understanding the impact of various digital finance products on low-income users.

The updated EGM now includes 75 studies that test 81 digital finance products and interventions from 26 different countries. There are 14 digital finance products and 32 design and delivery mechanisms with various counts of evidence. A variety of research methodologies are used, with Randomized Control Trials (RCTs) (28%), cross sections (19%), and panels (17%) being the most frequent.