How universal wallets can help businesses unleash the full potential of digital identity

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: David Treat, Senior Managing Director, Accenture Innovation, Incubation Group Lead This has come about due to two new trends around digital identity. First, generative AI’s integration into daily interactions is accelerating the evolution of digital interfaces. AI platforms like […]

How digital payments bring new economic opportunities for women in rural India

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Reema Nanavaty, Executive Director, Self-Employed Women’s Association (SEWA), Ruth Goodwin-Groen, Managing Director, United Nations-based Better Than Cash Alliance In India, millions of women entrepreneurs living rurally, dealing solely in cash, were hard hit during the pandemic. Digital payments […]

How digital payments are enabling a shift away from the cash economy

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Justine McIntyre, Public Relations Advisor, PemPem In Indonesia, a majority of transactions between smallholder producers and buyers are still carried out with cash payments. This is risky as it makes all stakeholders vulnerable to errors, fraud and theft. […]

Commission caps charges on card and Internet payments and enforces competition

It was high time that the European Commission tried to arrest the over-exploitation of European consumers by a handful of banks and credit card providers. This week Joaquín Almunia, Commission’s Vice President responsible for competition policy, and Michel Barnier, EU Commissioner in charge of internal market and services presented one draft regulation and one directive amendment, […]

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