Factories paying workers digitally are five times more likely to provide good social and labor practices
New data gathered from the Higg Index from 3,000 factories in 58 countries
This blog was originally published on BSR.org
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.
New report underscores benefits of shifting from cash to digital payments in corporate supply chains
Leading apparel companies have collaborated with each other on the BSR Herfinance program to improve worker well-being through payroll digitization.
The March Towards Digital Money: Bringing The Underbanked In From The Cold
To improve the lives of nearly 2 million workers, H&M group will encourage suppliers to pay workers digitally
H&M group becomes the first global fashion brand to join the United Nations’ Better Than Cash Alliance
Digitizing Wage Payments in Bangladesh’s Garment Production Sector
Payday can be an ordeal for women garment workers in Bangladesh. Often, they must wait in long lines, carry wads of cash through crowded streets, or encounter a mother-in-law demanding money.
The Way Forward for Digitizing Payments
New United Nations Report Reveals Bangladesh’s Progress on Digital Finance As Key Leaders Meet to Discuss Future Steps
In-depth analysis shows Bangladesh making impressive strides towards a digital economy, identifies solutions for further progress
The ability to make and receive payments electronically has emerged, in recent years, as a technology hero during natural disasters and health pandemics. At a time when more people than ever are affected by conflict and crisis, there is good news.
By BTCA Communications Team
Bangladesh commits to further national financial inclusion by accelerating the transition to digital payments