Colin Rice

Colin Rice

Research Specialist, CFI at Accion

Colin Rice

Colin is a Research Specialist at CFI, working on the Consumer Protection and Data Risk and Opportunities work streams, in addition to supporting the Responsible Finance Forum. Colin previously worked as the Social Performance Manager at Small Enterprise Foundation, the largest MFI in South Africa, where he led a team responsible for gathering and analyzing insights on client progress, satisfaction, and challenges. He also reviewed and developed the organization’s social performance practices, in addition to working on the design, monitoring, and evaluation of financial education and savings projects. Prior to that, Colin spent time developing M&E tools for BancoSol in Bolivia, consulted with nonprofits and family philanthropic foundations in the DC area to strengthen internal operations, and was an intern on the Bankers without Borders team at Grameen Foundation. He has an M.A. in social enterprise from American University: School of International Service and a B.A. in anthropology from Sewanee.

Exploring Risks and Consumer Trust in the Shift from Traditional to Open Finance

Does open finance always lead to consumer empowerment? What if you’re poor? What if you’re already vulnerable? What if your data is misused? This session will examine these questions and more through a parallel thinking methodology. Open finance ecosystems have been viewed in the past decade as potential answers to solve inclusion challenges- they can break the hegemony of traditional financia…