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...
Fintech—the application of digital technology to financial services—is reshaping the future of finance. Digital technologies are revolutionizing payments, lending, investment, insurance, and other financial...
The document collection focuses on various challenges and strategies related to financial distress and insolvencies in developing economies. It delves into the complexities of anticipating and managing...
This report documents the main findings of the Word Bank Group Survey on Digital Transformation and the Future of Finance. The survey was conducted between May 2020 and January 2021 and focused on the...
This note examines the implications of digital innovation for market structure and attendant policies, including financial and competition regulation. There have been several surveys of regulatory responses...
The report presents both the opportunities of and the bottlenecks for furthering the digital agenda. It emphasizes that the first step is to get the basics right. This includes enabling access to and adoption...
South Africa has made significant progress in expanding access to financial services for individuals, but active usage of digital financial services remains low. Approximately four in five South African...
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...
This report discusses strengthening the provision of payment services in the countries of the Middle East and North Africa (MENA) region as an essential step to integrate their economies into the world...
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...
The joint World Bank - International Monetary Fund (IMF) financial sector assessment program (FSAP) of 2018 recommended for the Banco Central do Brasil (BCB) to pursue full interoperability of automated...
FinTech has tremendous potential in the Europe & Central Asia (ECA) region, given its high mobile phone and internet access levels and scope for increased use of digital payments. However, there are major...
There are twenty-one ATM networks in Brazil, mostly single bank networks. Cards are the predominant payment instrument used in Brazil, with the card market being the second largest in the world. Despite...
Ethiopia’s financial sector has, over the past decade, been operating under a financial repression framework used by the government for managing its monetary and foreign exchange policy, and financing...
This report provides an overview of the role of emerging technologies in digital transformation and the global best practices in policy responses to the disruptions they cause across a broad spectrum of...