Better Than Cash Alliance

🤳The new designed by , which will operate under the name Bre-B, will allow real-time digital payments 24 hours a day, 7 days a week, revolutionizing financial transactions & driving digital throughout

Colombia's digital inclusion strategy is bolstering financial inclusion Colombia's digital inclusion strategy is bolstering financial inclusion, especially for women. Here's how — and why a whole-of-government approach is key.

🇨🇴 Pronto, las personas en podrán mandar dinero en "Bre-B", es decir, de manera inmediata, gracias al proyecto del sistema de inmediatos de bajo valor del

Bre-B es el nombre del nuevo sistema de pagos inmediatos de Colombia Buscará realizar transferencias en 20 segundos las 24 horas del día y los 365 días del año.

🇨🇴 Una podría impulsar e , y mantener el acceso al dinero del banco central en la era digital, según . Aunque hay beneficios claros, los retos y la factibilidad de su implementación aún se analizan.

Banco de la República descarta tener una moneda digital de banco central tipo minorista En más de 130 países se analiza la implementación de este dinero electrónico de banco central. | Finanzas | Portafolio.co

🤖 Key findings from the first-ever ‘AI Governance Day—From Principles to Implementation’ report by : challenges of governing , the importance of technical , the need for inclusion & trust in & insights from various panels.

Key findings on the state of global AI Governance - ITU An AI for Governance Day Report aims to guide stakeholders in developing effective AI governance strategies.

🇪🇹 There are now 40 million+ mobile money accounts in : The country's first-ever National Digital Payment Strategy, developed & implemented in partnership with the Alliance Secretariat, is bearing fruits for its people.
https://www.uncdf.org/ldcs

NBE governor Mihretu: Ethiopia's journey towards digital payments and inclusive financial services Ethiopian central bank governor Mamo Mihretu says that the country is making progress towards a digital-first financial ecosystem.

🇺🇾 En , las compras online aumentaron un 22% entre 2022 y 2023.
El 75% de las personas decidió utilizar algún tipo de pago .
El 60% de las compras online efectuadas el año pasado se realizó a través de dispositivos .

Comercio online aumentó 22% durante 2023 frente al año previo; ¿cuáles son los principales canales de venta? La Cámara de la Economía Digital del Uruguay (CEDU) en conjunto con la consultora Factum presentaron los datos del informe “Indicadores del comercio electrónico en las empresas uruguayas”.

🍲Global remains high: 1 in 11 faced hunger in 2023, says the report by
Digital financial services can fuel & , benefiting farmers & reducing intermediaries—index-based insurance buffers against , improving food security.

🇵🇪 aprovechará infraestructura y tecnología existente para iniciar pruebas de su moneda digital . El objetivo es promover masivamente la realización de por parte de los ciudadanos, especialmente aquellos no bancarizados.

BCRP da primer paso en firme para crear su moneda digital: ¿dónde se ofrecerá? Banco Central selecciona a empresa de telecomunicaciones para aprovechar su infraestructura y tecnología en desplegar las pruebas de su divisa virtual. Experta detalla las implicancias.

🤳🏾Embracing digitization, sari-sari stores in the are seeing a revenue boost. Endaya’s daily sales doubled to PHP 180,000 ($3,060) with the new system, proving technology is key to growth and smoother business management. 🧺

Bringing the Philippines’ beloved mom-and-pop stores into the 21st century Local startups are working to digitize sari-sari shops, or convenience stores, which are a large part of the Philippine retail industry.

🤳 The revolution in is sweeping across nearly all of , with enormous implications for digital financial services' affordability, convenience, and customer-centric design.
Here's why fast payments are important:

A fast payments revolution in Latin America The revolution in fast payments is sweeping across nearly all of Latin America, with huge implications for the affordability, convenience, and customer-centric design of digital financial services

🇺🇳 Today is the last day of the High-level Political Forum on Sustainable Development ! Evidence demonstrates how responsible digital creates the foundation for inclusive growing economies. The time to ignite SDG progress is today!

Igniting SDG Progress Through Digital Financial Inclusion (2023 edition) Digital financial services offer real hope to help the world get back on track from the severe negative impacts from COVID-19.

🇨🇴 Los pagos digitales inmediatos promueven la inclusión financiera, al facilitar el acceso a servicios financieros a personas que habitualmente han estado excluidas del sistema bancario. Así operará el nuevo Sistema de Pagos Inmediatos de :

Así van a funcionar el sistema de pagos inmediatos en Colombia: ¿Quiénes se encargarán del proceso? Colombia ocupa el noveno lugar a nivel mundial entre los mercados de mayor crecimiento de pagos inmediatos.

🇨🇴 Los colombianos usan cada vez más billeteras digitales para hacer pagos, según . En 2023, 54,63 millones de usuarios movieron alrededor de $332 billones de pesos colombianos usando aplicaciones como , o

Billeteras digitales en Colombia ya mueven $332 billones, ¿cuántos usuarios tienen? Colombia Fintech desarrolló un informe titulado ‘Fintech Snapshot: Billeteras Digitales’, en el que reveló que los colombianos cada vez usan más este ...

🤳Los contribuyen al crecimiento económico y al desarrollo, según .
📈 Un aumento de un punto porcentual en su uso corresponde a un aumento de 0.10 puntos porcentuales en el crecimiento del PIB per cápita en un periodo de dos años.

Pagos digitales contribuyen a mejorar el ingreso y desarrollo de las personas: BIS El número de adultos en las economías emergentes que utilizan pagos digitales aumentó del 35% al 57%

🇧🇷 No ano passado, o presidente do afirmou que será possível no futuro conectar o com o sistema — uma plataforma que está sendo desenvolvida pelo para viabilizar transferências rápidas de recursos entre países.

PIX internacional: mesmo sem regras definidas pelo BC, ferramenta já é aceita no comércio de alguns países BC diz que ainda não há previsão de lançamento do PIX internacional, que permitirá uso amplo da ferramenta em outros países. Entre as vantagens de pagar com PIX fora do Brasil, está a previsibilidade, pois o fechamento da operação de câmbio ocorre no ato da compra.

🤳Según el Informe Fintech en América Latina y el Caribe de & , el ecosistema creció más del 340% en la cantidad de emprendimientos de finanzas tecnológicas creados en los últimos 6 años: de 703 empresas en 2017, a 3.069 en 2023

publications.iadb.org

♀️ The Gender Gap Report 2024 is out! It explores the latest data in low- and middle-income countries.
With improved access to , would be better positioned to receive wage and transfer payments, as well as remittances.

Gender Gap - Mobile for Development Women’s rate of mobile internet adoption increased over the past year across low- and middle-income countries and there are now more women using mobile internet than ever before. The gender gap in mobile internet adoption across these countries has narrowed for the first time since 2020 due to wom...

💡 from this year's !
🛡️ Gisela Davico, Global Head of Gender & LAC Regional Lead of facilitated a DPI Safeguards workshop to delve into DPI's potential to accelerate sustainable development, enhance service provision & promote responsible data use

🛡️ Gisela Davico, Head of Gender & LAC Lead, will facilitate a Safeguards workshop during this week's # RFF2024 to explore DPI's potential to accelerate sustainable development, enhance service provision & promote responsible data use

July 2024 — RFF The 2024 Responsible Finance Forum in Fortaleza, Brazil will kickstart the conversations needed to spark systems-level change and achieve the responsible and equitable delivery of quality financial services, all while aiming to obtain the desired outcomes of safety, choice, trust, voice, and improve

🇧🇷 G20-GPFI conversations have started with participating as implementing partner; Gisela Davico, Global Head of Gender & LAC Lead, contributed to the dialogue on the essential elements required for financial markets to advance in last-mile

Our outgoing managing director, Tidhar Wald, shares the role of the in the Global Centre on Digital Wages for Decent Work.
Digital wage payments are transforming labour markets, empowering workers & promoting financial inclusion 🛠️

Digital Wages for Decent Work: interview with Tidhar Wald of the Better Than Cash Alliance This video features Tidhar Wald, the Managing Director (a.i.) of the UN-based Better Than Cash Alliance. In this video, Tidhar discusses the role the Better ...

🇲🇽 En México avanza el uso de servicios financieros : de acuerdo con datos de la , los contratos para realizar operaciones desde el teléfono rebasan 86 millones de usuarios, cifra que se ha disparado 200% en apenas cinco años.

Banca digital vive auge en el mercado mexicano Factores como el avance tecnológico y que 40% de la población no está bancarizada llevan a que más empresas soliciten una licencia al regulador del sector; el negocio está madurando: especialistas

"At , we are working hard to put more into women's hands. In doing so, we improve not just their own food security but that of their families and their communities. We plan to help ten million women get their own accounts by 2030".

Financial inclusion can drive progress on food security - Alliance for Financial Inclusion By Brenda Behan, Director of Gender, Protection and Inclusion, World Food Programme One in ten people will go to bed tonight on an empty stomach. Over 300 million people around the world are facing acute food insecurity. The numbers are getting worse, thanks to conflict, the climate emergency, and r...

🤳 Privacy is a priority in the Principles for .
🗄️Principle #4, "Safeguard Client Data: Providers should communicate when, why, and how information is collected using local language, images, voice, or video."

UN Principles for Responsible Digital Payments This guidebook from the Better Than Cash Alliance details how digitizing payments responsibly brings about financial equity and the achievement of the Sustainable Development Goals.

🇲🇽 En la Alianza recibimos con entusiasmo la propuesta de la virtual presidenta electa de México, , de fortalecer la digitalización del y la creación de la Agencia de Transformación Digital y Telecomunicaciones.

🤳🏿Research from the explores how Fast Payment Systems have truly improved participation in the formal financial system using survey data from , , , and to unearth the impact of FPSs on developing market economies.

Assessing the Role of Fast Payment Systems in Promoting Financial Inclusion The CSIS Scholl Chair in International Business evaluates the impact of fast payment systems on financial inclusion in the developing world.

"It is in India that the most exciting innovation has taken place. Unified Payments Interface ( ) started operating in 2016. By March 2023, it was processing transactions valued at some 139trn rupees ($1.7trn or 50% of GDP) over the previous 12 months"

National payment systems are proliferating That spurs competition, innovation—and cross-border frictions

🇲🇽 México se ha posicionado como el décimo país a nivel mundial en el mercado de en tiempo real y es el tercero más importante de América Latina por volumen de transacciones, de acuerdo con un informe de .

México es el décimo mercado global en pagos en tiempo real: ACI Worldwide El país se posiciona como el décimo país en el mundo y el tercero en América Latina en pagos en tiempo real, según un informe de la empresa creadora de software de pagos en tiempo real.