Keyword Analysis & Research: payments
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COVID-19 Drives Global Surge in use of Digital Payments
https://www.worldbank.org/en/news/press-release/2022/06/29/covid-19-drives-global-surge-in-use-of-digital-payments
WebJun 29, 2022 · COVID-19 Drives Global Surge in use of Digital Payments. Three quarters of adults now have a bank or mobile money account; gender gap in account ownership narrows. WASHINGTON, June 29, 2022— The COVID-19 pandemic has spurred financial inclusion – driving a large increase in digital payments amid the global expansion of …
DA: 63 PA: 86 MOZ Rank: 8
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Current account balance (BoP, current US$) - United States | Data
https://data.worldbank.org/indicator/BN.CAB.XOKA.CD?locations=US&view=chart
WebInternational Monetary Fund, Balance of Payments Statistics Yearbook and data files.
DA: 51 PA: 59 MOZ Rank: 23
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COVID-19 Boosted the Adoption of Digital Financial Services
https://www.worldbank.org/en/news/feature/2022/07/21/covid-19-boosted-the-adoption-of-digital-financial-services
WebJul 21, 2022 · The Global Findex Database 2021: Financial Inclusion, Digital Payments, and Resilience. Watch on. In developing countries today, 71% of people have an account, up from 42% a decade ago. (Globally, 76% of adults around the world have an account today, up from 51% a decade ago.)
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Fintech and the Future of Finance - World Bank Group
https://www.worldbank.org/en/publication/fintech-and-the-future-of-finance
WebJul 13, 2023 · Fintech, the application of digital technology to financial services, is reshaping the future of finance– a process that the COVID-19 pandemic has accelerated. The ongoing digitization of financial services and money creates opportunities to build more inclusive and efficient financial services and promote economic development.
DA: 34 PA: 99 MOZ Rank: 94
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World Bank Payment Systems
https://www.worldbank.org/en/topic/paymentsystemsremittances
WebPayment & settlement systems are mechanisms established to facilitate the clearing and settlement of monetary and other financial transactions. Secure, affordable & accessible payment systems and services promote development, support financial stability, and help expand financial inclusion. Overview Publications Blogs /Stories/Interviews
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The Global Findex Database 2021 - World Bank Group
https://www.worldbank.org/en/publication/globalfindex
WebThe 2021 edition, based on nationally representative surveys of about 128,000 adults in 123 economies during the COVID-19 pandemic, contains updated indicators on access to and use of formal and informal financial services and digital payments, and offers insights into the behaviors that enable financial resilience.
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World Bank Fintech
https://www.worldbank.org/en/topic/fintech
WebNov 19, 2020 · The World Bank has been focusing on using fintech to deepen financial markets, enhance responsible access to financial services, and improve cross-border payments and remittance transfer systems. The Bank’s work also draws on the International Finance Corporation’s growing experience in this area. Some of the key initiatives …
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Global Findex Database 2021 survey headline findings on the use …
https://www.worldbank.org/en/publication/globalfindex/brief/the-global-findex-database-2021-chapter-2-use-of-accounts
WebData from the Global Findex 2021 survey finds growth in the use of accounts to make digital payments as well as to save, borrow, and engage in the broader financial ecosystem. Payments appear to be a catalyst for other financial services: the majority of adults who received a digital payment also made a digital payment, and were more likely than non …
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Fast payments offer potential for faster digital financial inclusion
https://blogs.worldbank.org/voices/fast-payments-offer-potential-faster-digital-financial-inclusion-and-faster-growth
WebSep 28, 2023 · Fast payments can drive financial inclusion, especially in developing economies, where according to the World Bank’s Global Findex Database 2021, about 30 percent of adults still do not have a formal transaction account and more than 40 percent do not make or receive digital payments.
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Fast Payment Systems: A toolkit helps countries and regions …
https://blogs.worldbank.org/psd/fast-payment-systems-toolkit-helps-countries-and-regions-navigate-implementation
WebJan 15, 2021 · The COVID-19 pandemic has further highlighted the need for faster, more cost-efficient and ubiquitous digital payments. Systems that allow instant access to funds—known as Fast Payment Systems (FPS)—are an integral part of the strategy of countries across the world to advance the use of digital payments and enhance financial …
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