Financial development has been widely acknowledged as an important parameter for economic growth. This belief has led to a significant amount of research on the determinants and constraints that lead up to a financially inclusive society and the role technology can play in the same.
In several developing countries, major steps are being taken towards financial inclusion of the disadvantaged and low-income segments of society by enabling delivery of financial services at affordable costs. More than half of the world’s population does not have access to proper financial services such as formal credit, insurance or a savings account.
However, along with access to institutional finance, it is equally important to empower them to make right choices while selecting financial products based on their needs and being aware of the risks associated with the products. This ability to make the right choice can only be improved through financial literacy.
Centre for Digital Financial Inclusion’s SAMWAD is a platform for intuitive and interactive communication, which can be leveraged for continuous literacy programmes.
SAMWAD is an award-winning digital learning platform, which aims at improving financial literacy using even basic mobile phones. It has an adaptive and an interactive conversation style. High degree of personalization makes the platform unique in itself. SAMWAD can engage with the users over multiple channels - mobile apps, SMS and IVR.
The platform can engage users continuously by way of interactions, stories, images, videos, discussions and polls in a language chosen by the user. SAMWAD also allows customization of multi-lingual content based on the context.
The platform can be used as an effective tool to educate the unbanked, the under-banked individuals and to increase awareness and familiarity with various financial products and services.
Samwad is a generic platform and can be used to disseminate information and increase familiarity on any sector – finance, health, education, agriculture, government programmes etc.
07 Feb 2017
A State and Regional level workshop on "Electronic Government Payments and Receipts (EPR) in Government" was held today (07 February, 2017), in Guwahati, Assam. Mr. Nitin Khare, Secretary IT, Information Technology Department, Govt. of Assam
22 Dec 2015
Department of Electronic and Information technology (DeitY), Government of India envisages web-enabled anytime, anywhere access to information and services across the country, especially in rural and remote parts of India.
28 Sep 2016
Centre for Digital Financial Inclusion (CDFI), an organisation working towards expanding access to digital financial products and services, recently celebrated its two years of existence.