Ideas to Action:

Independent research for global prosperity

Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

A close-up of a hand holding a phone. From Wikimedia Commons, photo by Mpande

More than the Sum of their Parts: How an ID, a Phone, and a Bank Account Can Help Achieve the SDGs

As the United Nations General Assembly meets this week, global leaders will be taking stock of their countries’ progress towards the SDGs and mapping out where they still have to go. Our research has shown that, together, financial accounts, ID, and mobile phones can facilitate a wide variety of cross-cutting programs to meet the SDGs, which can be cost-effective at scale.

Identification programs in high-income countries and others, compared

Overcoming the “Know Your Customer” Hurdle with E-KYC

In our recent paper published by GSMA, we examined two approaches to conducting customer identification, verification, and due diligence (collectively referred to as “know your customer” or KYC) that make it easier for financial service providers to take on new customers: tiered KYC and electronic KYC (e-KYC). Of the two, e-KYC is the more promising long-term approach, but also the more challenging to implement.