Technology, particularly the growth of digital finance, is rapidly transforming and growing the suite of financial services accessible by the poor. An important challenge is to ensure (and measure) that the financial services and products accessed by the poor benefit them by helping them manage shocks and invest in their future. IPA is investigating the effects that new financial products and payment channels have on the lives and financial well-being of the poor.

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In March of 2020, the Government of Colombia expanded existing social assistance programs to help shield households from the economic impact of lockdown orders associated with COVID-19. The...

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Digital government -to -person (G2P) payments have emerged as an efficient and safe way to disburse social assistance at scale as countries expand cash transfers to provide economic relief to...

English

About 17 percent of the world’s population has received at least one COVID-19-related cash transfer payment since the onset of the pandemic. Many of these transfers have been conducted digitally...