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

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  |  Cross-border Payments

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...

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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...

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Remittance Volume Up 5 Percent
Remittance Volume Up 5 Percent
October 07, 2014  |  Cross-border Payments

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...

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