This technical note presents a high-level assessment of Panamanian payment systems and financial inclusion policies. It is based on the Payment Aspects of Financial Inclusion (PAFI) framework published...
This report was developed by the Global Partnership for Financial Inclusion (GPFI) under the G20 India Presidency. Powered by digital financial services (DFS), there has been progress globally on financial...
This case study details the critical success factors of the ecosystem supporting the end-to-end delivery of G2P payments in Türkiye (herein referred to as G2P ecosystem), focusing on social assistance...
International remittances are defined as cross-border, person-to-person payments of relatively low value that are typically recurrent. Remittance flows are highly relevant to economic development and to...
The objectives of this paper are to take stock of the available fintech-related data, to document patterns of fintech activity across the world, and to help identify enabling factors. Fintech has seen...
An important step to achieve greater financial inclusion is to increase the acceptance and usage of digital payments. Although consumer adoption of digital payments has improved dramatically globally...
The World Bank has been leading the Electronic Payment Acceptance (EPA) working group, as part of its work on the Financial Inclusion Global Initiative (FIGI). The objective of this working group is to...
The methodology detailed in this Guide includes two components: (1) qualitative analysis and (2) quantitative analysis (Figure 1). There are advantages and disadvantages of these two approaches. For example...
The shift from paper-based to electronic payment instruments has been taking place for decades, but the level of acceptance and usage of electronic payments varies considerably across countries and payment...
This brief offers a snapshot of the state of social assistance payments as of early 2020, especially as it relates to the transition to digital, account-based transfers which support financial inclusion...
This report aims to inform a wider audience about the importance of remittances and the specific financial education activities implemented in Kosovo to improve their efficiency. It briefly introduces...
This report briefly introduces international remittance flows and their role in the global development agenda. The following chapters describe the work of the WB on financial inclusion and international...
In recent years, due to innovations in technology, the concept of digital currency has emerged out of the desire of some private entities to replicate specific properties of cash in the digital space...
Over the years, the demand for seamless and inexpensive cross-border payments has grown in parallel with growth in international e-commerce, remittances and tourism. Yet, cross-border payments have not...
Improving Kosovo’s export competitiveness can help to catalyze growth and reduce poverty. As a small economy, Kosovo will benefit from integration, both globally and regionally, to exploit scale economies...
The Coronavirus (COVID‑19) pandemic has highlighted the crucial role played by international remittances in building resilience during times of crisis. As national lockdowns and border controls took effect...
Informal jobs are often bad jobs, unproductive, poorly paid, risky, and unprotected. Informal firms perform poorly than their formal counterparts in terms of firm productivity, growth, and job creation...
The World Bank Group reiterated its commitment during the 2015 Spring Meetings, along with the announcement of the commitments made by the private sector to universal financial access (UFA), including...
This paper presents a mapping of the most relevant literature on incentives to expand electronic payments acceptance (EPA) and some country examples where these incentives have been implemented. This note...
FinTech Note is a World Bank Group (WBG) series that explores the role of FinTech (the confluence of 'finance' and 'technology') in economic development, with an emphasis on financial inclusion. The purpose...