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Central Bank Digital Currency : A Payments Perspective

World Bank Group - 2021

Payment and settlement systems and services have become vital components of the economic life of contemporary societies. Over the last decades, they have gone through several waves of reforms that have changed the landscape of the national payments system (NPS) in virtually every country in the...

Persistent link: https://www.econbiz.de/10012817616

Korea Blockchain Ecosystem

World Bank Group - 2021

exploration and adoption of emerging technologies like blockchain, AI, edge-computing, internet of things (IoT), 5G, et cetera … Korea blockchain ecosystem is the first of the series and provides a short description of the blockchain technology and its … potential for solving development challenges and key highlights of the Korea blockchain ecosystem. Blockchain is a decentralized …

Persistent link: https://www.econbiz.de/10014366533

Central Bank Digital Currencies for Cross-border Payments : A Review of Current Experiments and Ideas

World Bank Group - 2021

Over the years, the demand for seamless and inexpensive cross-border payments has grown in parallel with growth in international e-commerce, remittances and tourism. Yet, cross-border payments have not kept pace with the intensive modernization that has characterized domestic payment services...

Persistent link: https://www.econbiz.de/10012817614

Central Bank Digital Currency : Background Technical Note

World Bank Group - 2021

In recent years, due to innovations in technology, the concept of digital currency has emerged out of the desire of some private entities to replicate specific properties of cash in the digital space. Digital currencies have been issued in various electronic formats and value propositions, and...

Persistent link: https://www.econbiz.de/10012817615

Retail Payment Costs and Savings in Kosovo

World Bank Group - 2022

This report is based on a study of the costs of retail payments in Kosovo, using a methodology (A Practical Guide for Measuring Retail Payment Costs) developed by the World Bank's Payment System Development Group (PSDG), part of the Finance, Competitiveness, and Innovation Global Practice. The...

Persistent link: https://www.econbiz.de/10013209156

Innovation in Electronic Payment Adoption : The Case of Small Retailers

World Bank Group - 2016

This report aims to deepen the understanding of barriers to and incentives for the acceptance and use of electronic payments, from the perspective of micro, small and medium retailers (merchants). Developing and accelerating acceptance of electronic payments by these merchants is essential to...

Persistent link: https://www.econbiz.de/10012644350

The Retail Payment Costs and Savings in Albania

World Bank Group - 2018

This report is based on a study of the costs and savings of retail payments in Albania using a methodology (A Practical Guide for Measuring Retail Payment Costs) developed by the World Bank's Payment Systems Development Group, part of the Financial Inclusion, Infrastructure, and Access at the...

Persistent link: https://www.econbiz.de/10012645370

Somalia Economic Update, August 2018 : Rapid Growth in Mobile Money -- Stability or Vulnerability?

World Bank Group - 2018

Somalia's economy grew by 2.3 percent in 2017. The economy remains vulnerable to recurrent shocks. Between 2013 and 2017, real annual GDP growth averaged 2.5 percent. Growth occurred despite adverse weather conditions that severely reduced agricultural output in late 2016 and early 2017. For...

Persistent link: https://www.econbiz.de/10012645564

Financial Inclusion Beyond Payments : Policy Considerations for Digital Savings

World Bank Group - 2019

The report discusses key policy issues that enable and constrain digital savings market development and offers policy considerations within the context of the G20's High-Level Principles for Digital Financial Inclusion. Based on current market observations, three policy considerations seem most...

Persistent link: https://www.econbiz.de/10012646039

Cote d'Ivoire : Evaluating Digital Payment Systems for Expanding Social Protection Coverage

World Bank Group - 2019

The main objective of this technical note is to evaluate the institutional and implementation framework needed for strengthening payment systems as a core element of delivering social protection and labor (SPL) benefits to the poor, around which targeting, identification and monitoring systems...

Persistent link: https://www.econbiz.de/10012646850