The Better Than Cash Alliance is a partnership of governments, companies, and international organizations that accelerates the transition from cash to digital payments in order to help achieve the Sustainable Development Goals.
Filtered
Similar to the RDPGs, this Smart Campaign publication identifies standards for responsible digital financial services, especially credit. It aims to guide the practices of both fintechs and traditional financial service providers undergoing digital transformation.
This report finds and discusses that contrary to a popular narrative of competition between the legacy providers and newcomers in the market, financial institutions view fintechs as great partners for innovation and envisions more such partnerships as institutions learn from successful cases.
The market- building approach discuses the virtous cycle tied to digital payment platforms proliferate, increase in value proposition, a broad customer base and yet more innovative services tailored to the needs of people previously unbanked.