Digital Finance & Innovations in Microfinance by Faheem Ali

A featured article of our January 2020 edition of PRMIA's Intelligent Risk quarterly newsletter


Technology has enabled institutions and individuals with faster and more secure ways for transactions, resulting in increased efficiency. Microfinance, in particular, benefitted from the integration of digital lending in the legacy systems.

Technology is taking over every critical aspect of our day-to-day life, with artificial intelligence, Internet of things, and voice assistant. The waves of transformation are fast penetrating the microfinance sector, which is thereby gaining momentum to emerge as the novel digital system by rising over the traditional time-consuming loan processing procedures.

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About the Intelligent Risk


Intelligent Risk is PRMIA's quarterly publication, bringing all PRMIA members free access to knowledge and information about risk management for financial institutions as well as current information on PRMIA chapters, committees, academic partners, news and events.

Individual articles from each edition are published under our members only Risk Library resources section. PRMIA is sharing select articles from the January 2020 edition with the public. Get more articles like this by joining PRMIA today.

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