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Pandemic will accelerate the rise of digital payments

Location:

INT

Digitalisation of the global economy has increased the use of cashless payments worldwide

Digital currencies lag puts crypto investors at risk

Location:

INTERNATIONAL

Some 87 countries, accounting for over 90% of global GDP, are exploring the potential of central bank digital currencies

Crypto crash boosts central bank digital currencies

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INT

The crash of stablecoin TerraUSD is the latest casualty of the ongoing upheaval in the cryptocurrency ecosystem

CBDCs would redirect remittances from cryptos

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INT

Major remittance recipients are seeing a surge in crypto transactions

Africans will increase digital payment use

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AFRICA

Digital transactions are on the rise, even where internet access lags

Policy and technology are key to full financial access

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INT

Nearly 70% of all over-15s are ‘banked’; at least 76% of them have also made a digital transaction

Risks and opportunities 2021: Global technology sector

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INT

The pandemic has intensified the economic significance and the political scrutiny of the technology sector

Pandemic will strengthen support for digital identity

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INT

Legal identity for all is one of the UN’s 2030 Sustainable Development Goals

Investing in people is key to a sustainable recovery

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INT

The pandemic has damaged human and social capital; both are key to economic prospects but under-recorded in GDP accounts

This downturn will be more job-rich than past slumps

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INT

Employment recovered far faster from the pandemic global recession than past crises, and remains historically strong