Financial services

Connection between financial innovation and inclusion

This paper explores the nexus between financial inclusion and financial innovation by looking at data from 6 South Asian countries - including 4 Alliance members.

COVID-19: Making the case for robust digital financial infrastructure

In this report, the relationship between financial infrastructure and the performance of disbursement programs in their design ambition and how well they delivered is assessed.

Basel standard setter: improving payments infrastructure accelerates financial inclusion

The report attempts to understand the factors that drive awareness and interest among current non-users of digital payments in India and analyzes the experience of current users and dentify potential strategies to spur the adoption among these consumers and merchants.

Investing In Girls: Opportunities for Innovation in Girl-Centered Cash Transfers

This paper suggests policymakers and other stakeholders should leverage trends toward financially-inclusive e-payments as a means to achieve multiple potential objectives for bringing financial inlcusion to adolescent girls.

Truly mobile money – ride-sharing and mobile payments in South and Southeast Asia

Transportation Series: Blog 4…

Distributed Ledger Technology and Digital Identity: Prospects and Pitfalls Ahead

Blockchain Series: Blog 4

India’s digital payments revolution

Joint post by Camilo Tellez-Merchan of Better than Cash Alliance and Vivek Belgavi of PwC India

Forum Highlights Global Standards For Responsible Digital Finance

Forum Highlights Global Standards For Responsible Digital Finance…

Making Digital Bangladesh Vision 2021 a reality, Government joins the Better Than Cash Alliance

Bangladesh commits to further national financial inclusion by accelerating the transition to digital payments…

In China, UN Special Advocate Queen Máxima Sees Great Potential for Digital Financial Inclusion

At the invitation of the government of China, Her Majesty Queen Máxima of the Netherlands visited the country from 24 to 28 November in her capacity as the UN Secretary-General’s Special Adv…

Pakistan Plans to Bring Millions More Citizens into the Economy by Digitizing Payments

Government of Pakistan joins the United Nations’ Better Than Cash Alliance to create inclusive economic growth and a more efficient market structure…

Alibaba Affiliate Ant Financial Seeks Up to $5 Billion in Funding

Impact of demonetization on diffusion of mobile payment service in India: Antecedents of behavioral intention and adoption using extended UTAUT model

The paper shows that behavioral intention, demonetization and facilitating conditions have a positive impact on the adoption of mobile payment services in India.

Strategies for fintechs in the Pacific 

New IMF paper outlines policy strategies to help promote financial inclusion through fintechs in the Pacific Island countries. It calls on governments to close regulatory gaps and enhance digital and financial literacy while urging fintechs to take a regional approach to overcome scalability constraints.

Fintech and Financial Inclusion: Lessons Learned

CGAP worked with 18 fintech pilots across Africa and Asia. This set of case studies describes for each pilot the service that was piloted, the nature of its testing, and emerging lessons. Th…

Interoperability of Digital Finance in Bangladesh: Challenges and Taking-Off Options

The paper suggests a pragmatic approach for Bangladesh to financially include the underserved through Digital financial services (DFS) by promoting interoperability.

Fintech for promoting financial inclusion in Vietnam: fact findings and policy implications

This paper analyzes the legal framework and actual operations of fintech in Vietnam, assesses the opportunities and challenges and proposes recommendations for better application of fintech for promoting financial inclusion.

Fintech for Financial Inclusion: A Framework for Digital Financial Transformation-A Report to the Alliance for Financial Inclusion (AFI)

The paper outlines potential for growth for FinTech for financial inclusion while emphasising on the need for regulatory approaches , citing some successful cases from India , Kenya and China.

Financial inclusion, a driver of state building in India and Mexico?

This article situates latest trends within the evolution of Indian and Mexican social policies and discusses how on one hand financial inclusion policies allow vulnerable populations to access new rights while resulting in new ways of controlling consumer behavior.

Financial technology business model as branchless banking for people in rural areas: Case study: Indonesia

This study designs business models for electronic payment services, utilizing the principle of branchless banking and reviewing relevant aspects of IT risk management, for rural area communities in Indonesia.