Topics Digital technology

Earned wage access and the end of payday lending

This article analyses the earned wage access market, assesses the likelihood that it will displace payday lending, and reveals some of the dangers lurking beneath the low-cost surface of these transactions. It argues that earned wage access products have the…

The impact of mobile money on poverty

This research brief outlines key findings on the impact of mobile money on poverty. It shares evidence from a range of studies about the effects of mobile money on individuals and households and about the user experience of payment transfers…

Fintech’s role in exacerbating or reducing the wealth gap

This article synthesizes research about the long-term costs of debt inequality on communities of colour in the United States of America, adding an in-depth analysis of several new advances in banking and lending, and proposing several key principles for reducing…

Digital wage payments: Challenges and opportunities

On 3 February, IOE, in collaboration with the International Labour Organization and the Better Than Cash Alliance, organised a digital conference on the opportunities and challenges in digital wage payments, as well as on lessons learned in the field.

Factory wage digitization trends

This blog post describes the evolution of digital wage payments in factories spread across Bangladesh’s five main industrial areas (Chittagong, Dhaka City, Gazipur, Narayanganj, and Savar). The findings are based on monthly phone interviews conducted between April and October 2020…