Digital Money 'Vital to Economic Growth'


Integrating digital payments into the economies of emerging and developing nations addresses crucial issues of broad economic growth and individual financial empowerment, according to a new report by the World Bank Development Research Group.


Documents

  • The Opportunities of Digitizing Payments

    Publisher:
    World Bank Development Research Group, the Better Than Cash Alliance, and the Bill & Melinda Gates Foundation to the G20 Global Partnership for Financial Inclusion
    Publication Date:
    28 August 2014

    How digitization of payments, transfers, and remittances contributes to the G20 goals of broad-based economic growth, financial inclusion, and women's ... see more »

Photo: The Nation

A PwC report indiates accounting fraud as the most common crime in Kenya, followed by asset misappropriation, bribery and corruption. Others are money laundering and intellectual property infringement.