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BSP Holds Digital Payments Leaders Summit as the Country Moves Closer to a Cash-lite Economy
In Bangladesh, key public and private sector actors commit to scaling digital wages across garment sector
bangladesh
Call to action: Digitizing workers’ payments in the garment sector in Bangladesh
Leading brands call on other companies and suppliers in Bangladesh to grasp the opportunity to drive inclusion, efficiency, and transparency through wage digitization…
Bangladesh Digital Wages Summit
Scaling Digital Wages: An Opportunity for Garment Employees and Manufacturers…
Global evidence on contribution of MSMEs
New ILO study reveals seven in 10 workers are self-employed or in small businesses. The study also finds that an average of 62% of employment (in the 99 countries studied) is in the informal sector. It calls for creating an enabling environment for these businesses and supporting them through access to finance and digital infrastructure.
Southeast Asia internet economy hits $100 billion
The Bain & Company report shows that two Alliance members, Indonesia and Vietnam, are growing the fastest and the adoption of digital payments in the region is expected to cross $1 trillion by 2025.
New insights into inclusion-focused fintech
The recently launched Inclusive Fintech 50 whitepaper looks at how early-stage fintechs are working on financial inclusion. Findings reveal that “funding is concentrated in several notable ways, innovation is not limited to technology and common standards are needed to bring clarity to the field.”
How mobile phones improve market efficiency?
This paper finds that mobile phone network rollout, that allowed traders better access to market information, led to a 10-13% reduction in price dispersion of maize crop.
Senegal: tech helps boost access to health to leave poverty behind
Some African nations lead the world’s e-money businesses. And several are finding that leaving notes and coins behind is not only improving efficiency, safety and transparency, but it is als…
Opportunities for digital in Pakistan
GSMA report estimates that mobile phone ecosystem contributes around $16.7 billion to the Pakistani economy. To enhance the impact of mobile-enabled digital transformation, it calls for improving digital financial inclusion and taking a whole of government approach to development.
