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A cyber-attack could mean global economic losses of between $121 billion and $234 billion and insurance losses of between $27 billion and $40 billion.
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Invest in innovative and bankable projects to support healthy oceans and resilient, sustainable blue economy sectors.
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Digital finance offers the potential to reach underserved groups, but it is vital to first understand the needs of this segment.
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Providing a lifeline to workers and businesses most affected by the COVID-19 crisis calls for innovative solutions, such as digital money transfers.
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Through machine learning, data from nontraditional sources, such as telcos, are analyzed for credit risk assessment of the unbanked.
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Microfinance anchored on civil society organizations is a promising model in banking the unbanked.
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This piece discusses how central banks can take the lead in addressing climate-related risks in the finance sector.
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Pilot projects in the region demonstrate how digital technologies can increase access to finance even in remote areas.
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In Mongolia, ADB supports a new way of banking without collateral to improve credit access for women and small businesses.
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The idea behind shared responsibility mortgage is to link the principal balance and interest payments to a house price index.
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Knowledge of a startup’s technology, human resources, marketability, and growth potential lowers the risks of venture capital investments.
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Business support infrastructure, access to finance, and information technologies empowered small businesses and generated opportunities for women and youth in Maldives.
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In the Philippines, cloud technology is helping a rural bank reach customers in remote areas more efficiently and at lower operational cost.
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Banks need to update their business models as competition from fintechs disrupts the supply chain finance market.
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In the Republic of Korea, large financial firms should lead efforts to support high-risk, high-return intellectual property investments.