Responsible Social Protection: Lessons From COVID-19 Digital Cash Transfers
This publication uncovers consumer risks arising from the rapidly digitizing G2P programs aimed at the most vulnerable in society, most of whom have no prior experience with digital technology or the formal financial system.
Lipa Payments Supports Financial Inclusion in Africa With Digital Payments
The company aims to solve the problem of informal areas not having access to payments systems in the digital age.
NPCI International, Gateway Payment Service, and Manam Infotech Join Hands to Deploy UPI Solution in Nepal
This collaboration will enable the last-mile consumers in Nepal to reap the benefits of an open interoperable payments system driving immediate payment transfers between bank accounts and merchant payments in real-time.
Fintech Startup Flutterwave Raises $250 Million at Over $3 Billion Valuation
Founded in 2016 in Nigeria, the San Francisco-headquartered, specializes in individual and consumer transfers, one of several fintech firms aiming to facilitate and capitalize on Africa’s booming payments market.
Experian Go™ Program Will Allow Millions of Credit Invisibles to Start Building Credit in Minutes
The free program will help almost 50 million "credit invisibles,"” or people with limited or no credit history, to start building credit.
Beneficiary Experience of Digital Government-to-Person (G2P) Payments in Bangladesh, Colombia, and the Philippines
This study explores consumers' experience with digital cash transfers, and supports policy recommendations to improve the effectiveness of G2P payments and future financial inclusion.
EasyCash: An Interoperable ePayment Suite Powered by Wallet Factory Launched in Egypt
EasyCash has become the first mobile payment application for Wallet Factory that was made to align with the Egyptian interoperability market standards for QR code-based digital payments and acceptance.
Mastercard Opens Fintech, Cybersecurity Innovation Lab in Beersheba
The new center will focus on ransomware, digital identity and authentication, platform security, and fraud prevention.
Western Union Launches Digital Money Transfer Services with Cebuana Lhuillier in the Philippines
Expanded collaboration will offer outbound and inbound money transfer services through Cebuana Lhuillier mobile app.
Examining Virtual Currencies: Risks and Uncertainties of a Novel Payment Technology in International Development
This exploratory brief discusses the implications that virtual currencies, and to a lesser extent central bank-issued digital currencies, might pose for stakeholders in international development contexts.