Finance & markets · 09/09/2026Updated: 10/17/2026 · 1 min read

World Bank Group Launches Initiative to Help Local Financial Institutions Expand Digital Payments in Emerging Markets

The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, has launched a risk-sharing initiative to help banks, fintechs, and other financial institutions expand digital payments in emerging markets, with the goal of increasing financial inclusion and reducing poverty in these regions.