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Researchers partnered with financial providers in the United Kingdom to evaluate the effectiveness of various disclosure designs aimed at supporting consumers’ financial decisions across savings products. Although most disclosures increased the number of consumers that switched to higher-yielding...

Researchers are conducting a randomized evaluation to test the impact of providing flood early warnings to rural households through smartphone alerts and community volunteers on their flood preparedness and responsiveness, as well as post-flood health and economic outcomes.

In “the text message capital of the world,” the Philippines, researchers tested the effect of text message reminders on client repayment rates. In contrast with previous research, they found that text message reminders did not increase repayment on average. Yet for repeat borrowers, who had known...