BLOG POST
Cashless Nigeria – Leading by example
New studies by the Better Than Cash Alliance document Nigeria’s digital journey. In-depth case studies on businesses transitioning to digital find that the transition from cash to digital payments is progressing at very different speeds in different sectors of the economy and by different payment types. The Nigerian Government is leading by example, by making all of its pension payments, supplier payments and payments to state and municipal governments electronically, almost two thirds of its salary and social subsidy payments digitally.
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© UNDP
VIDEO
Paying Ebola Response Workers
In 2014-2015, Liberia was faced with the deadliest and fastest spreading outbreak of the Ebola virus in history. A massive coordinated effort demanding the commitment of thousands of workers was called for to save the country. A video by the United Nations Development Programme profiles how Ebola response workers were paid on time and how technology helped make a difference.
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TOOLKITS
New Practical Tools for Digital Financial Inclusion
The Better Than Cash Alliance launched eight toolkits at last week’s Asia Pacific Financial Inclusion Summit, in Manila. The Better Than Cash Alliance toolkits help governments, companies and international organizations plan their shift from cash to digital payments and include a complete suite of practical tools to support the shift. In addition, MicroSave launched its Direct Benefits Transfer Readiness Assessment Toolkit is being used by some ministries in India to facilitate digitization and direct benefit transfers. Also, Net Hope & USAID’s Toolkit released a new toolkit to guide development organizations in transitioning cash payments to digital. .
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© The Omidyar Network
REPORT
Omidyar Network: The Digital Revolution and its Impact on Emerging Market Consumers
A new report by the Omidyar Network, “ Big Data, Small Credit” looks into a new cadre of technology companies who are disrupting the credit scoring business in emerging markets. An in-depth survey in Kenya and Colombia reveals that early adopters have sophisticated understanding of the privacy trade-offs these new technologies entail.
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REPORT
The SWIFT Institute: Cross-border low value payments and regional integration
This working paper highlights the enablers and disablers of cross-border low value payments and regional integration. Success in regional payments integration can be defined in numerous ways. The authors say that on a high level, the development and implementation of common rules, standards, or infrastructures among a diverse group of stakeholders is an integral part of success in regional payments integration.
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