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Mobile money spreads in Asia

Over the past five years, mobile money has gained traction in South Asia, which is experiencing an average annual growth rate of 46 percent in mobile money accounts—the highest across all regions. For more details check out IMF’s 2019 Financial Access Survey that was released last week

Joining Central Bankers to Focus on Innovations in Consumer Payments

The World Bank and the Committee on Payment and Settlement Systems (CPSS) recently hosted the Third Meeting of the CPSS – World Bank Retail Payments Forum in Perugia, Italy.

Digital Payments and Financial Inclusion Key to Poverty Alleviation and Economic Growth, say World Leaders

Digital Payments and Financial Inclusion Key to Poverty Alleviation and Economic Growth, say World Leaders…

World Bank - Central Bank Digital Currency : A Payments Perspective

This guidance note examines key aspects of central bank digital currency (CBDC) design and implementation, and implications for financial systems worldwide.

2017 State of the Industry Report on Mobile Money

The mobile money industry is now processing a billion dollars a day and generating direct revenues of over $2.4 billion. With 690 million registered accounts worldwide, mobile money has evol…

Accelerating winds of change in global payments

The COVID-19 crisis is having a significant and widespread effect on global payments across sectors. The most striking and potentially lasting impact is an accelerating pace of change in the industry.

Bridging the Digital Divide and Supporting Increased Digital Trade: Scoping Study

The global economy is experiencing important technological shifts, with the rise of digital technology a key driver. This can be seen today in the rapid growth of the digital economy, broadl…

Cash Digitization: UN Collaboration, Coordination, and Harmonization Opportunities

New digitization study recommends strengthening cash assistance collaboration across UN agencies & partners, to improve coordination and harmonization.

A Case Study on Monetary Fraud in a Cashless Economy

A case study on three countries Sweden, United States and India is conducted to survey variations in costs for cash and card instruments in economies that have varying extents of cash in cir…

La reine Maxima working girl à Washington, aussitôt le couple Macron parti

Digital money: A journey worth taking

What four factors determine the digital money readiness of an economy? What measures can our member governments take to improve their ability to adopt digital payments widely? Read the lates…

Accelerating responsible digital payments for COVID-19 relief

The devastating social and economic impacts of COVID-19 have heightened the need for proven solutions to keep the Sustainable Development Goals within reach

Three key findings that show that financial equality is within reach in our lifetime

New data from the World Bank’s Global Findex Database 2021 confirms the centrality of digital payments in reaching financial equality for all. 

Distributed Ledger Technology and Digital Identity: Prospects and Pitfalls Ahead

Blockchain Series: Blog 4

LEARNING SERIES >> What will it take for small merchants to embrace digital payments?

Small merchants exert a big influence on the global economy.

Forum Highlights Global Standards For Responsible Digital Finance

Forum Highlights Global Standards For Responsible Digital Finance…

Two challenges to help two billion reach financial security

Reposted from the original Gates Foundation blog on Impatient Optimists. Until recently, achieving financial inclusion for the world’s unbanked poor was a pressing goal with perplexing obstacles.

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.

Mobile for Development Utilities Annual Report

What are the key barriers to success in the mobile phone-enabled utility space? In this report, GSMA shares key trends and insights from its work with more than 40 organizations operating primarily in our member countries in Africa and Asia.

Decade Edition of the State of the Industry Report on Mobile Money

The report charts the story of mobile money covering a decade of progress, industry lessons,impact and the future of the industry.