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Responsible Practices to Address Seven Major Risks in COVID-19 Digital Financial Transfers

© © Shutterstock/ Yaw Niel
Responsible Practices to Address Seven Major Risks in COVID-19 Digital Financial Transfers

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The Report Responsible Practices to Address Seven Major Risks in COVID-19 Digital Financial Transfers identifies seven heightened risks resulting from the speed and scale of COVID-19 digital transfer responses.

This Report, led by the Responsible Practices Working Group, is organized by firstly, identifying global good practice, pre-Covid-19 and during Covid-19 from a range of Governments, humanitarians and other organizations implementing large scale digital transfers. Secondly, reflecting on the responsible digital payments guidelines to more deeply anchor the risks against globally recognized and implemented guidelines. Lastly, the Report identifies short-term and long-term actions that the diverse range of stakeholders involved in the payment value chain can take to mitigate the risks exacerbated in Covid-19