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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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
Blockchain Series: Blog 4
IMF managing director Christine Lagarde is to be applauded for her recent leadership in the fight against corruption, and her recognition that there is an increasingly limited role for cash in digital economies.
This International Women’s Day, Marks & Spencer (M&S) is joining the Better Than Cash Alliance to help advance the Sustainable Development Goals. By promoting digital wages across its supply chain, M&S aims to give more women the ability to take control of their finances.
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 transparency in business and government; and support new economic opportunities. However, there is no consensus around the specific policy mix that will enable this potential to be fully realized.
New data gathered from the Higg Index from 3,000 factories in 58 countries
Source: Bloomberg
Wharton Business Radio hosts Better Than Cash Alliance on the “Dollars and Change” podcast.
By Oswell Kahonde and Angela Corbalan
This blog was originally published on BSR.org
This blog was originally published on The Practitioner Hub for Inclusive Business
A third of adults struggle to get by without basic financial services to protect against hardship and save for the future. Ruth Goodwin-Groen, of the UN-based Better Than Cash Alliance, explains why moving from cash to digital payments can help reduce poverty and drive inclusive growth.
Joins UN-based Better than Cash Alliance to Promote Financial Inclusion and Greater Supply Chain Transparency and Efficiency
This blog post was originally published in the Huffington Post