World Bank

55 results about this entity

Period: 21 Oct 2003 - 12 Jan 2024

/devops

Project Promissa launched to test tokenisation for promissory notes

Project Promissa has been launched by BIS Innovation Hub, Swiss National Bank, and World Bank to build a platform for digital tokenised promissory notes.

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Biden nominates ex-Mastercard CEO Banga for World Bank president

President Biden has nominated former Mastercard CEO and president Ajay Banga to serve as president of the World Bank.

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BIS explores multilateral platforms for cross-border payments

Multilateral platforms – cross-border payment systems that are multi-jurisdictional by design – could enhance cross-border payments by reducing the need for intermediaries and allowing payment service providers in different jurisdictions to transact directly with each other.

/inclusion

Regulators are urging fintechs to boost financial inclusion – CCAF

A recent joint study from the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge and World Bank found that the financial regulators are prioritising fintech business models to contribute to financial inclusion and boost local economies, particularly in Emerging Markets and Developing Economies (EMDEs).

/inclusion

Regulators prioritising fintech initiatives to boost financial inclusion - study

Financial regulators around the world continue to recognize the importance of fintech business models for promoting financial inclusion as economies recover from the COVID-19 crisis, alongside utilising technology for managing evolving consumer risks associated with digital financial services, according to a new survey by The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School and The World Bank.

/startups

World Bank's Call To Action: Fintech Firm Voices Heard Through COVID-19 FinTech Market Impact Study

In an exclusive with FinextraTV, Ana Fiorella Carvajal, Lead Financial Sector Expert, World Bank, speaks about their partnership and involvement with CCAF and World Economic Forum in 'The Global COVID-19 Fintech Market Impact & Industry Resilience Study'. We hear why insight from the research is so important to World Bank, how partnerships between academic institutions and development organisations make a tangible impact and the development of the FinTech industry relates to the World Bank’s goals.

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CCAF, World Bank and World Economic Forum call on fintechs to uncover Covid-19 impact

The Cambridge Centre for Alternative Finance (CCAF), World Bank and World Economic Forum are calling on fintechs to participate in data collection for the group’s Global Covid-19 FinTech Market Impact & Industry Resilience Study before its October deadline.

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World Bank's IFC invests $10m in FintechOS to boost financial inclusion

IFC — a member of the World Bank Group — has invested $10 million in FintechOS, backing the European startup's low-code approach as a way to boost financial inclusion around the world.

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CCAF, World Bank, World Economic Forum launch second Covid-19 fintech impact study

Building on findings and insights from its landmark 2020 survey, the Cambridge Centre for Alternative Finance (CCAF) is once again partnering with the World Bank Group and the World Economic Forum to investigate the impact Covid-19 has borne on fintech firms.

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UN International Day of Family Remittances: 2020 beats forecasts

Launched in 2015 to build awareness of the contribution that migrant workers make to economies of their home countries, the UN’s International Day of Remittances (IDFR) this year welcomes a more positive picture than had been predicted by the World Bank.

/regulation

Regulatory innovation advances in the face of Covid-19

While Covid-19 may have wreaked havoc across financial services, according to a recent report the pandemic has driven the urgency to prioritise and actively deploy fintech initiatives by regulators.

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CCAF, World Bank, WEF: Covid-19 caused uneven growth across fintech

A joint report by The Cambridge Centre for Alternative Finance (CCAF), the World Bank Group and the World Economic Forum, has found that while 12 out of 13 fintech sectors reported year-on-year growth during the first half of 2020, significant discrepancies between sectors and regions remain.