{"id":43060,"date":"2020-07-11T15:03:39","date_gmt":"2020-07-11T19:03:39","guid":{"rendered":"https:\/\/staging21.finca.org\/uncategorized-en-ca\/mobile-banking-in-the-age-of-covid-19"},"modified":"2024-11-04T02:06:51","modified_gmt":"2024-11-04T07:06:51","slug":"mobile-banking-in-the-age-of-covid-19","status":"publish","type":"post","link":"https:\/\/finca.org\/en-ca\/mobile-banking-in-the-age-of-covid-19","title":{"rendered":"How FINCA is using Mobile Banking in the Age of COVID-19"},"content":{"rendered":"

COVID-19 is reshaping the way people live their daily lives. Social distancing and efforts to avoid unnecessary interactions have meant rethinking approaches to daily tasks, including money management. And mobile banking has become a go-to app.<\/p>\n

While mobile banking was common in North America before the emergence of COVID-19, usage has surged since lockdowns began. According to Fidelity National Information Services (FIS), mobile banking traffic in the United States rose 85% as the pandemic took hold<\/a>. Other developed countries have also seen similar increases in mobile banking.<\/p>\n

Generous donor support, smart investments, and the proliferation of digital technologies have allowed FINCA Impact Finance to introduce many\u00a0technological innovations<\/a> similar to what we have in North America. As a result, FINCA\u2019s microfinance clients are better prepared to survive in a world upended by the coronavirus<\/a>.<\/p>\n

Going Mobile in Haiti<\/h2>\n

Even in an extremely poor country like Haiti, half of FINCA\u2019s clients have a smartphone or other ways to access the internet. And FINCA Haiti<\/a>\u00a0is putting the growing ubiquity of those technologies to work.<\/p>\n

\"Sandrine