World Bank

The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects. It comprises two institutions: the International Bank for Reconstruction and Development, and the International Development Association.

Source: en.wikipedia.org

Non-Bank Players Find Themselves At Center of Expanding CBDC Debate
Non-Bank Players Find Themselves At Center of Expanding CBDC Debate
April 13, 2022  |  CBDC

A growing school of thought says there is an important role for non-bank payments services providers in central bank digital currency (CBDC) design. By and...

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Do CBDCs Need Blockchain? Growing Number of Central Banks Say No
Do CBDCs Need Blockchain? Growing Number of Central Banks Say No
April 13, 2022  |  CBDC

There has been a widespread assumption that central bank digital currencies (CBDCs) would be built on blockchain — or at least the distributed-ledger technology (DLT)...

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GrowSari Raises $77M to Expand in Philippines
GrowSari Raises $77M to Expand in Philippines
March 28, 2022  |  Investments

Philippines-based B2B platform GrowSari has raised $77.5 million in a new funding round to help fuel its expansion across the Philippines. As Philstar reported Monday...

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Today in the Connected Economy: Twitter Taps Paytm for Help With Tips
Today in the Connected Economy: Twitter Taps Paytm for Help With Tips
February 16, 2022  |  Connected Economy

Today in the connected economy, Twitter turns to Indian’s Paytm to help with its Tips function, and Airbnb reports on how the pandemic has affected...

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World Bank Uses Data, Digital Tools to Support Female Entrepreneurs in Emerging Markets
World Bank Uses Data, Digital Tools to Support Female Entrepreneurs in Emerging Markets
February 16, 2022  |  International

“Societies aren’t fully tapping their potential if they’ve got half of the population on the sidelines.” That statement by Wendy Teleki, head of The Women...

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World Bank Nixes Business Climate Report After Probe Finds Corruption
World Bank Nixes Business Climate Report After Probe Finds Corruption
September 16, 2021  |  Business

The World Bank has done away with a well-known report that rated the business environment of countries after an investigation showed senior bank management had...

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$540 Billion Remittance Figure Higher Than World Bank Expectations
$540 Billion Remittance Figure Higher Than World Bank Expectations
May 12, 2021  |  Global Payments

The pandemic wasn’t enough to completely dampen global remittance flows, according to a press release from the World Bank. A total of $540 billion in...

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Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over ‘True Lender’ Regulation
Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over...
January 06, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, the Office of the Comptroller of Currency (OCC) has OK’d independent node verification networks (INVNs) and stablecoins for...

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World Bank’s Projected 4 Pct Global Economic Growth Hinges On Vaccinations
World Bank’s Projected 4 Pct Global Economic Growth Hinges On Vaccinations
January 05, 2021  |  Economy

The global economy is anticipated to grow 4 percent this year, providing COVID-19 vaccines are widely launched, according to The World Bank’s January 2021 Global...

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