Financial services

Inter-American Development Bank is first to join non-cash alliance

Toward a cash-free world with the Global Findex

Development Research Group When the Better Than Cash Alliance (BTCA) was formed almost three years ago, about half of the world’s adult population had some type of bank account. Last week th…

Digitization of payments in Mexico saves billions

The Mexican government is saving an estimated US$ 1.27 billion per year, or 3.3 percent of its total expenditure, on wages, pensions and social transfers. How? By digitizing and centralizing…

Digitization Helps Small Merchants Keep Jobs and Profits in Mexico

Guest post by Alicia Rendon Contro, Grupo Bimbo

Sustained Effort, Saving Billions: Lessons from the Mexican Government’s Shift to Electronic Payments

In the first of The Better Than Cash Alliance Case Study Series to be released, researchers identify the many billions that are estimated to be saved by the Mexican government each year.

Driving to Scale: Bim’s Journey to Digital Financial Inclusion in Peru

Interview with Felipe Vásquez de Velasco, General Manager of Peruvian Digital Payments (PDP)

New United Nations Study Shines Spotlight on Peru’s Progress on Digital Finance

As McKinsey Global Institute reveals a potential $3.7 trillion GDP boost in emerging economies, the report outlines how Peru can continue to advance its digital finance agenda …

E-cash aid gives Rwandan refugees more options

These phones can be used to receive and transfer money through an electronic banking solution called mVISA, provided by the Bank of Kigali.

Mejor que el efectivo

Todo lo bonito de las finanzas digitales

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.

Barriers to transforming government in Jamaica: challenges to implementing initiatives to enhance the efficiency, effectiveness and service delivery of government through ICTs (e-Government)

It can be argued from the data analyzed that the factors which undermine the use of ICTs to improve government efficiency, effectiveness and public service delivery in Jamaica include: techn…

New evidence > Responsible digital financial inclusion is driving SDG progress

Digital financial inclusion offers real hope to help us get back to achieving the SDGs by 2030

Saving $15.5 million by replacing cash with cards for Colombian coffee farmers

Two case studies from the Better Than Cash Alliance present innovations from Colombia’s digital payments ecosystem

Modelo Perú Webinar

The Better Than Cash Alliance recently held a live webinar with key players behind the launch of Peru’s new mobile wallet. “Bim” is the first product of Modelo Perú, which plans to bring dig…

The Better Than Cash Journey: Colombia & Malawi

This is the second in a series of articles written by Maura Hart on the achievements of several Better Than Cash Alliance members. These highlights capture the innovative work by governments, businesses and development organizations to fulfill their commitment to transition from cash to digital payments.

Is Cash the Enemy of Financial Inclusion?

The Better Than Cash Alliance, hosted by UNCDF, gathered with colleagues at the Consultative Group to Assist the Poor (CGAP) Council of Governors Annual Meeting last month in Urubamba, Peru….

What Can Experiences in Haiti, Kenya, the Philippines & Uganda Teach Us About G2P & D2P E-Payments?

The case studies reveal how each country developed their programme, current delivery & payment, and the costs and benefits of using e-payments.

Uruguay makes huge strides towards universal access to financial services

Uruguay has taken a further step towards its goal to provide access to financial services to all with its announcement that it has joined the Alliance.

Country Diagnostic: Colombia

This diagnostic measures the current state of the transition to electronic payments by estimating volumes and values of payments made in Colombia, as well as assessing the likelihood of further movement by looking at payment use cases associated with each key shift.