China

25 years since Beijing – Spotlight on women!

In this edition of the newsletter, we applaud the leadership of Alliance members in the Philippines, Ghana and India who are ensuring that women can gain economic independence through digitization.

Truly mobile money – ride-sharing and mobile payments in South and Southeast Asia

Transportation Series: Blog 4…

Fintech for Financial Inclusion: A Framework for Digital Financial Transformation-A Report to the Alliance for Financial Inclusion (AFI)

The paper outlines potential for growth for FinTech for financial inclusion while emphasising on the need for regulatory approaches , citing some successful cases from India , Kenya and China.

Alibaba Affiliate Ant Financial Seeks Up to $5 Billion in Funding

Finclusion to Fintech: Fintech Product Development for Low-Income Markets

The paper presents detailed insights from 15 years of financial inclusion research to highlight the importance of fintech, including proposing product development ideas for Fintech players, to better serve developing world market.

China Breakthroughs: Pay it forward on cashless society

China cashing out as mobile payment soars (The Business Times)

China cashing out as mobile payment soars (AFP)

In China, a Store of the Future—No Checkout, No Staff

Alipay, WeChat Near $3 Trillion

UN Report: Social Network Payments Now Reach Nearly US$3 Trillion in China

Social Networks, e-Commerce Platforms, and the Growth of Digital Payment Ecosystems in China: What it Means for Other Countries

This report examines two of China’s most far-reaching applications – WeChat and Alipay – and explores their role in the development of one of the world’s largest and most sophisticated digital payments ecosystems.

UN report: Social network payments now reach nearly US $3 trillion in China

Payments on messaging and e-commerce platforms set to increase China’s GDP by $236 billion by 2025, unlocking new economic opportunities for people and small businesses…

Governance of Social Protection for Informal Sector Workers in Asia

This report covers overview and constraints of setting up a social protection system for informal workers in Asia. It also includes interesting case studies of some Asian countries including Bangladesh, the People’s Republic of China (PRC), Indonesia, Pakistan, and the Philippines.

India’s digital payments revolution

Joint post by Camilo Tellez-Merchan of Better than Cash Alliance and Vivek Belgavi of PwC India…

India's Progress Towards Cashless Economy-An Assessment

The study attempts to assess and report the progress made by the Reserve Bank of India in moving towards the ‘Cashless’ economy during the period 2004-05 to 2014-15.

In China, UN Special Advocate Queen Máxima Sees Great Potential for Digital Financial Inclusion

At the invitation of the government of China, Her Majesty Queen Máxima of the Netherlands visited the country from 24 to 28 November in her capacity as the UN Secretary-General’s Special Adv…