Digital financial service providers and regulators must work together to secure an open, digital financial ecosystem.
Events unfolded quite differently to expectations, and showed the poor's resilience.
A few Southeast Asian countries need to make investing easier for foreigners to deepen their local currency bond markets.
The developing world has a long way to go to reach the stage of financial sector development of advanced economies.
If issues of trust, affordability, and reliability are addressed, digital financial services can help extend financial services to all.
Worldwide, there are 1.7 billion people who are outside of the formal banking and financial system. They struggle with high fees and risky systems to undertake even simple financial transactions. Digital innovations offer new ways to bring them out of financial darkness.
With the right technology, $60 billion in welfare payments can be seamlessly and directly credited into the bank accounts of all beneficiaries in India.
Widely accepted definitions and standards of greenness will help green bond markets grow and become more accurately priced.
The US Fed has been winding down its bond purchase program, widely known as “quantitative easing,” since December 2013. The program was introduced in the wake of the 2008 global financial crisis to fight the recession and foster a rapid economic recovery. With the improvement in the US economy, the Fed suggested at its policy meeting in March that the program may end this coming fall and it may start raising interest rates about six months from then.
Let's create a market mechanism that incubates 'smaller but growing' firms that will eventually tap the exchange market.