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Terence Gallagher

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Post de Terence Gallagher

  • Invest

    Amid the Pandemic, Financial Institutions Need Support from Governments, Development Banks

    Governments and multilateral development banks in Latin America & the Caribbean are playing a critical role in supporting financial institutions amid the pandemic, but must be ready to up the ante as the ultimate effects of the lockdown measures become evident in the financial sector, especially key microfinance institutions

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  • Inclusion Financiera

    Financial Institutions Are Withstanding the Crisis, but Uncertainty About the Future Persists

    Financial systems in Latin America & the Caribbean are performing well in times of COVID-19, and are better prepared for the crisis than ever; however, this doesn't mean that they are immune, and a protracted downturn may test their resilience

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  • Inclusion Financiera

    Financial Inclusion, Key to Latin America & the Caribbean's Recovery

    Financial inclusion is playing a fundamental role in Latin America & the Caribbean's economic response and will be essential for its economic recovery: such is one of the main conclusions of the Global Microscope 2020 report that will be presented on November 16.

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  • Does Access to Credit Make People Better or Worse Off?

    Does Access to Credit Make People Better or Worse Off?

    Traditional credit screening approaches are based on qualifications that many low-income applicants do not have: credit histories, collateral, and verifiable income streams. What if these applicants could be assessed differently?

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  • Banner

    Banking Agents, On the Frontlines of Financial Inclusion

    Banking agents, or small shops contracted by banks to process client transactions, are laying the foundation for the digital transformation of the financial sector. They have also become a safer channel for clients to get cash during the pandemic.

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  • Banner

    How to Turn the Pandemic into an Opportunity for the Silver Economy

    COVID-19 has stressed the need to accelerate financial inclusion through the digitization of the silver economy, that which includes older adults. This is a population segment that is increasingly tech-savvy and highly involved in business and investment.

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