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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Aadhaar, India’s program to provide a unique identity number for every resident, is the largest biometric identification program in the world. Launched in 2008, the program has created biometric identities for over 940 million people, and aims to create them for 1.2 billion people by June 2016.
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.
In joining the Better Than Cash Alliance, the World Savings and Retail Banking Institute will work to increase the number of electronic transactions undertaken throughout its global membership as well as share research on the lessons learned
CRS Commits to Increase Electronic Payments to Strengthen Local Economies
One Million Low-Income People to Reap Benefits of Digital Money
Virtual Currencies
The World Bank expects people to send USD$581 billion in remittances in 2014, through a network of banks and money transfer operators (MTOs). This is an increase of 7.8% over 2013.
Gates Foundation and Better Than Cash Alliance urge governments to embrace digital financial services, offers concrete action steps
Forum Highlights Global Standards For Responsible Digital Finance
Guest post by Marcos Bader
At the invitation of the government of China, Her Majesty Queen Máxima of the Netherlands visited the country from 24 to 28 November in her capacity as the UN Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA).
Bangladesh commits to further national financial inclusion by accelerating the transition to digital payments
Through Red Qiubo, Grupo Bimbo provides small businesses with the necessary technology to accept digital payments in their operations.
This article argues that financial regulators must first work to understand and build consumer demand for DFS rather than purely focusing on developing enabling regulatory frameworks.
ANTALYA, Turkey - How are phones and cards changing the ways the global poor access and manage their money, and what should governments and financial institutions do to ensure innovative products and services meet the need of low-income customers? These and related topics were the subject of intense discussion and debate by leading global experts at a G20-backed event this week in Antalya, Turkey, one of the countries being transformed by digital innovation.
Financial Report
Government of Pakistan joins the United Nations' Better Than Cash Alliance to create inclusive economic growth and a more efficient market structure
Making cash history: How digital payments can help achieve the Sustainable Development Goals
A report by the World Bank Group’s Payment System Development Group, the Better Than Cash Alliance, and the Alliance for Financial Inclusion for the G20 Global Partnership for Financial Inclusion
The paper explores the opportunities to overcome barriers to financial access in Bangladesh through branchless banking and emphasis that financial inclusion and inclusive growth could be advanced through existing work by Bangladesh bank on favorable agent banking policies