Digital finance

Is mobile payment still relevant in the fintech era?

This study analyzes whether mobile payments are still relevant for the fintech industry by comparing three mobile payment projects – Oi Paggo in Brazil, TCASH in Indonesia, and M-PESA in Kenya.

Is biometric technology in social protection programmes illegal or arbitrary? an analysis of privacy and data protection

The paper discusses the issue of inadequate privacy and personal data protection in social protection programmes, particularly related to biometric data, presenting good practices from India, Peru, Chile, Mexico, Pakistan and many more countries.

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.

News and Trends in Fintech and Digital Microfinance: Why Are European MFIs Invisible?

This study shares some best practices in the use of digital technologies by highly innovative fintech firms in areas that could be of use to MFIs in context of Europe.

Next Steps for the Digital Revolution in Africa: Inclusive Growth and Job Creation Lessons from Kenya

This paper provides examples of how digitization in Kenya has supported the economy via a retail electronic payments system, financial inclusion, increased financial sector vibrancy, and pushed GDP growth with it.

Household finance and economic development

This chapter provides an overview of financial inclusion around the world and discusses the empirical evidence on how the use of formal financial services significantly contribute to inclusive growth and economic development.

Gender differences in the antecedents of trust in mobile social networking services

Building upon social role theory (SRT), this study explores the driving forces of trust in mobile social networking services (mobile SNS) for different genders.

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.

Get in the fast lane through digital payments

In this 4-part blog series, we examine key aspects of the transportation sector: tolling, urban transit, and ride-sharing with a focus on emerging economies.

New Key to Help Unlock the Power of Digital Payments

Across the global policy community, the jury is now in about the power of digital payments to drive financial inclusion, particularly for women and the poor; improve efficiency and transpare…

Opinion: 3 unexpected solutions for greater climate action

A Guide to Supervising E-Money Issuers Toolkit

This guide draws on the authors’ own experiences, interviews with EMI supervisors, and available literature to provide guidance to EMDE supervisors who wish to design a proportional approach to EMI supervision.

Senegal’s Prime Minister launches new payment digitization agenda

The Prime Minister made this announcement at the Council of Ministers last week, where he presented a new study on payment digitization to His Excellency the President of the Republic, Macky Sall.

An Introduction to Digital Financial Services (DFS)

Digital Financial Services (DFS) is a relatively new, low-cost means of digital access to transactional financial services. Often termed ‘mobile money’ or ‘mobile financial services,’ DFS is…

La numérisation des paiements permettrait d’injecter 104 milliards de FCFA par an au PIB du Sénégal

Picking the Gridlock: Digital Payments in the Transportation Sector

Transportation Series: Blog 1 (Introduction)

For whom the cash tolls

Transportation Series: Blog 2…

How cities will win – digital payments and the future of smart

Transportation Series: Blog 3

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

Transportation Series: Blog 4…

Senegal: Digitizing payments could add FCFA 104 billion to GDP every year