World Bank - News, Articles & Research

CCAF, World Bank, World Economic Forum study into Covid-19 impact on fintech: A sneak peek

In anticipation of the official launch, the Cambridge Centre for Alternative Finance (CCAF) invited industry participants to join an examination into the results of the Global Covid-19 Fintech Market Rapid Assessment Study, compiled in partnership with the World Bank and World Economic Forum.

01 December 2020

News/payments

EBAday 2020: Digital payments should be synonymous with convenience

Diving into the sessions on day one of EBAday 2020, defining the direction of travel for digital payments was resoundingly clear: mobile-led convenience.

24 November 2020

News/regulation

Covid-19 spurs fintech regulation innovation - study

Covid-19 has led to a strong increase in the use of fintech products and services, prompting central banks and other financial authorities to step up their own regulatory innovation efforts, according to a report from the World Bank and the Cambridge Centre For Alternative Finance (CCAF).

29 October 2020

Finextra TV/regulation

World Bank's tailored advice for fintechs post Covid-19

Ana Fiorella Carvajal, Lead Financial Sector Expert, World Bank talks about their study with The Cambridge Centre for Alternative Finance into the impact of Covid19 on Global Fintech. We hear about the state of play between fintech firms and SMEs, the importance of expanding access to finance for SMEs during Covid-19, and how different fintechs across the globe are looking for tailored recovery advice to help them survive post-pandemic.

23 July 2020

Finextra TV/markets

Investigating Covid-19's impact on Global FinTech

Tania Ziegler, Head of Global Benchmarking at the Cambridge Centre for Alternative Finance, speaks to FinextraTV about CCAF, World Bank and the World Economic Forum's investigation into the impact of Covid19 on Global FinTech, the thinking behind the study and who the Global Covid-19 FinTech Market Rapid Assessment Survey is for. We learn about their taxonomy, why it is so important in enabling the industry to define what ‘FinTech’ means and how the data will be analysed, compiled and used to understand Covid-19’s impact on the FinTech markets and how the global FinTech industry has responded.

06 July 2020

News/startups

CCAF, World Bank, World Economic Forum launch survey to research fintech’s role post-Covid-19

Targeting 15,000 fintech firms worldwide, the Cambridge Centre for Alternative Finance (CCAF) announced it has partnered with the World Bank Group and the World Economic Forum to survey industry players and compile data about Covid-19’s impact on the marketplace.

15 June 2020

Company announcement/startups

CCAF, World Bank and the World Economic Forum investigate Covid-19's impact on global fintech

The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World Economic Forum to launch a Global Covid-19 FinTech Market Rapid Assessment Survey. The empirical data collected will be used to understand Covid-19’s impact on the FinTech markets, how the global FinTech industry has responded and some of the immediate regulatory and policy implications.

15 June 2020

Company announcement/payments

World bank predicts sharpest decline in remittances in recent history

Global remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown.

22 April 2020

News/inclusion

Fintech to spur financial inclusion

Fintech can spur financial inclusion by facilitating payments, but it is not a panacea and comes with risks that need to be managed, concludes a report by the Committee on Payments and Market Infrastructures (CPMI) and the World Bank.

16 April 2020

News/payments

Visa joins $80m Currencycloud funding round

London-based B2B cross-border payments outfit Currencycloud has raised $80 million in a Series E funding round joined by blue-chip investors such as Visa, BNP Paribas and Siam Commercial Bank.

27 January 2020

Company announcement

Demica to provide technology platform for IFC’s Global Trade Supplier Finance programme

Demica, one of the largest independent providers of working capital solutions, today announced that its supply chain finance platform will be used to support IFC’s Global Trade Supplier Finance program.

11 September 2019

Company announcement

World Bank issues second tranche of blockchain bond

The World Bank (International Bank for Reconstruction and Development, IBRD rated Aaa/AAA) has raised an additional A$50 million for its Kangaroo bond due August 2020 - the first bond created, allocated, transferred and managed through its life-cycle using distributed ledger (blockchain) technology.

20 August 2019