Deutsche Bank and the World Bank launched a 1-billion-euro (about $1.1 billion) trade finance platform, according to a Tuesday (July 14) press release. The platform is designed to increase access to trade finance in frontier and emerging markets, the release said. “Trade finance is the...
In today’s interconnected financial system, digital vulnerabilities do not remain localized. They propagate. Fraudsters now operate with the speed, scale and coordination of multinational enterprises, leveraging emerging technologies and regulatory fragmentation to exploit vulnerabilities faster than authorities can respond. Against this backdrop, the conversations at...
Google and the World Bank partnered to work with governments to build artificial intelligence-powered public digital infrastructure in emerging markets. The collaboration will deploy Open Network Stacks that help citizens access services, and it will bring together Google Cloud’s AI technology and the World Bank’s...
The World Bank says tariff-related discord is threatening 80 years of global prosperity. In the latest edition of its Global Economic Prospects report, issued Tuesday (June 10), the bank reduced its global growth forecast for the year by 0.4 percentage point to 2.3%, saying that higher tariffs and...
March 08, 2024
The global push for digital transformation is gaining momentum, with global institutions increasingly taking part in shaping the landscape. The recent World Bank’s inaugural Global Digital Summit, which convened leaders from government, the private sector and academia, highlights this trend. The three-day conference, held March 5-7, spotlighted the significant impact of digital technologies across various […]
February 16, 2022
“Societies aren’t fully tapping their potential if they’ve got half of the population on the sidelines.” That statement by Wendy Teleki, head of The Women Entrepreneurs Finance Initiative (We-Fi) Secretariat...
June 08, 2020
The World Bank distributes about $25 billion a year to countries through governments that identify areas where investment is needed and capital can be deployed to build infrastructure. Traditional conduits...
September 09, 2026
Mastercard and Visa have joined a new World Bank initiative to promote digital payments in emerging markets. The International Finance Corporation (IFC), a member of the World Bank Group that concentrates on the private sector, announced the project Wednesday (Sept. 9), with the goal of helping banks, FinTechs and other financial institutions in these markets expand digital payment access for consumers and small […]
July 14, 2026
Deutsche Bank and the World Bank launched a 1-billion-euro (about $1.1 billion) trade finance platform, according to a Tuesday (July 14) press release. The platform is designed to increase access...
October 14, 2025
Google and the World Bank partnered to work with governments to build artificial intelligence-powered public digital infrastructure in emerging markets. The collaboration will deploy Open Network Stacks that help citizens...
June 10, 2025
The World Bank says tariff-related discord is threatening 80 years of global prosperity. In the latest edition of its Global Economic Prospects report, issued Tuesday (June 10), the bank reduced its global growth...
