Sectors Any

Financial legislation

Financial legislation measures that explicitly refer to the digital payment of wages.

Collective agreements

Collective agreements that explicit refer to the digital payment of wages.

The expanding universe of bilateral labor agreements

Since the end of World War II, pairs of countries have entered into over a thousand bilateral labor agreements (BLAs) to regulate the cross-border flow of workers. These agreements have received little public or academic attention. This is likely, in…

How to scale up digital wages in line with the UN Principles for Responsible Digital Payments

This blog post presents lessons learned and recommendations to companies and governments wanting to scale up digital wages and drive change, in relation to three UN Principles for Responsible Digital Payments, based on lessons from Bangladesh, Jordan, and Senegal. .

The Global Findex Database 2021

Financial inclusion is a cornerstone of development, and since 2011, the Global Findex Database has been the definitive source of data on global access to financial services from payments to savings and borrowing. The 2021 edition, based on nationally representative…

Fintech to the (worker) rescue: Earned wage access and employee retention

Using data from a Mexican FinTech firm, the authors study the usage by workers of earned wages access. They find usage to be significant and concentrated towards the end of the pay cycle. They document that such usage is associated…

Learning through social networks: How workers optimize the use of fintech for remittances

The authors use data from a leading fintech firm in Korea, including transaction-level data on international remittance payments to developing Asia and referral data among users, to study the role of social networks in helping low-income workers optimize their use…

Cheque in: Increasing access to the formal financial system

This report seeks to identify the barriers to expanding access to and usage of formal financial services in Jamaica, with a view to remedying them.

Assessing incentives to increase digital payment acceptance and usage: A machine learning approach

Using random forest estimation, the authors identify 14 key predictors out of 190 variables with the largest predictive power for micro, small, and medium-sized retailer (MSMR) adoption and usage of digital payments. Using conditional inference trees, they study the importance…

Financial competence framework for adults in the European Union

The framework promotes a shared understanding of the financial competences adults need to make sound decisions on personal finance. It supports public policies, financial literacy programmes and educational materials to be developed by EU Member States, educational institutions, industry and…