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)

The Xoom-Ria Deal Shows Cash Still Rules Remittances
The Xoom-Ria Deal Shows Cash Still Rules Remittances
August 29, 2018  |  Cash

In a way, the deal seems old school. PayPal-owned money transfer operator Xoom said this week that its new agreement with Euronet Worldwide’s Ria will...

READ MORE >
In Land Down Under, Blockchain Comes To Bonds
In Land Down Under, Blockchain Comes To Bonds
August 15, 2018  |  Blockchain

Will the bond be the bond between blockchain and the (corporate) masses? News came this week from the world of distributed ledgers that the World...

READ MORE >
Why World Bank Rankings Rankle
Why World Bank Rankings Rankle
January 16, 2018  |  International

We all like lists. We all like rankings — a natural way of constructing a hierarchy of life: the good, the bad and the in-between. But...

READ MORE >
With The Unbanked’s Financial Product Needs, One Size Does Not Fit All
With The Unbanked’s Financial Product Needs, One Size Does Not Fit All
June 16, 2015  |  International

The world’s unbanked population needs new services and could benefit from a new approach from financial institutions, MasterCard Advisors finds. In the research effort by...

READ MORE >
Nation of Georgia Provides Insight for World Bank’s E-Procurement Plans
Nation of Georgia Provides Insight for World Bank’s E-Procurement Plans
February 20, 2015  |  B2B Payments

The launch of the Georgian electronic Government Procurement system seems to have, once again, shown the undeniable benefits of e-invoicing. A World Bank report released...

READ MORE >
Remittance Volume Up 5 Percent
Remittance Volume Up 5 Percent
October 07, 2014  |  Europe

Remittances to developing countries are expected to reach $435 billion this year, representing a 5 percent increase over 2013. Remittances also grew faster this year–in...

READ MORE >