Updates from ITU

The basis for safer digital finance
By Bilel Jamoussi – The transformations we are seeing in numerous fields – from energy and mobility to health care, agriculture, and financial services – all hinge on digital technologies, along with an array of associated business ecosystems. All these technologies and systems must be reliable, secure and deserving of our trust.

The Financial Inclusion Global Initiative (FIGI) is an open framework for collaboration led by the International Telecommunication Union (ITU), the World Bank Group, and the Committee on Payments and Market Infrastructures (CPMI).

Our partnership brings together the expertise to accelerate digital financial inclusion. With the support of the Bill & Melinda Gates Foundation, we have brought together the full range of stakeholders set to benefit from this expertise.

The World Bank Group and CPMI have helped to build a strong understanding of the policy considerations surrounding digital identity and incentivizing the use of electronic of payments.

ITU’s work has focused on security, infrastructure and trust – secure financial applications and services, reliable digital infrastructure, and the resulting consumer trust that our money and digital identities are safe. more>

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