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.
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The Bangko Sentral ng Pilipinas (BSP) and the Philippine Government recognize digital payments as a policy priority to enable Filipinos to seize the opportunities of the digital revolution.
Dhaka, November 20, 2019 - Media release by Government of Bangladesh: Building on what has been achieved so far, the government and the private sector have committed to working together to solve the challenges in ensuring all garment factories pay their workers digitally. The decision came from the Bangladesh Digital Wages Summit, which convened on 20 November in Dhaka.
Leading brands call on other companies and suppliers in Bangladesh to grasp the opportunity to drive inclusion, efficiency, and transparency through wage digitization
Scaling Digital Wages: An Opportunity for Garment Employees and Manufacturers
New UNDP report titled "State of Social Assistance in Africa" analyzes the recent growth across three foundational dimensions of social assistance in the continent - legal frameworks, institutions and financing. It also discusses why governments are moving away from cash for delivery of social transfers.
The new Stanford Business "Blockchain for Social Impact" report is out! The most common use case among its sample of organizations is records and verification, whereas the challenges cited most often are regulatory. The interviewees reported that launching the project was harder than anticipated.
New CGAP focus note explores the core idea behind future-ready G2P payments, lays out its advantages and challenges, and describes how governments can create modern G2P payments systems. It draws heavily from ongoing efforts in Bangladesh, India, Kenya, Tanzania and Zambia.
This paper investigates the application of Blockchain technology to address some of the key challenges in the domain of Social Business (SB).
#KOT or Kenyans on Twitter community has become an important channel for public discourse on a wide range of topics, including financial services. This FSD Kenya analysis demonstrates the utility of social media (Twitter) analytics tools for monitoring discussions around consumer protection.
As populations age and birth rates decline in many parts of the world, digital solutions have an important role to play in ensuring financial well-being for older adults. Globally, the number of people aged 60 years or over has more than doubled since 1980, and the share of older adults is projected to double again by 2050.
Joint report by the Better Than Cash Alliance, the Center for Global Development, and the Overseas Development Institute, building on work with the International Monetary Fund in 2017.
In this report, CGDev takes stock of how this move was perceived by them. Control (of finances) and digital literacy are identified as pain points.
Read this blog to learn more about the debate on how to make digital government transfers more effective.
Communiqué de presse de l’Agence de la Couverture Maladie Universelle du Sénégal (ACMU)
Financial Times' special report discusses how the private sector, including Mastercard, and the government are joining forces to promote digital payments in the economy, especially by digitizing welfare payments.
New evidence from "Cash for Nutrition Program" in Yemen suggests that "soft conditionality" (encouraging to attend nutritional education) and effective targeting can play an important role in making cash transfer programs successful. This IFPRI study could be relevant for our humanitarian work.
World Bank joined hands with IFC on a project for digitizing and modernizing Côte d’Ivoire's social protection payments. Results show a reduction in administrative costs and better targeting of beneficiaries. Gender impact was high with 51% of 300K beneficiaries being women. Read more.
The article advances the argument that effective participation of social grant beneficiaries in the financial services sector can be realized if personal data protection measures are taken seriously.
Water providers are shifting to digital payments to reduce expenses and streamline delivery. In this report, CGAP and GSMA share lessons learned from 25 organizations, including the challenges they encountered while digitizing payments.