Press Release: Delivering best practices and more collaboration will drive interoperability of digital financial services

Access to payments infrastructures and National Payments Systems latest reports from ITU Focus Group on Digital Financial Services Geneva, 16 September 2016: Interoperability enables users worldwide to make electronic payment transactions with any other user – regardless of their service…

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ITU Blog: Championing interoperability for financial inclusion

Interoperability – a term used in a variety of industries, including telecommunications and financial services – is generally understood to refer to the ability of different systems and sometimes even different products to seamlessly interact. For payment systems, “interoperability” depends…

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Press Release: Managing the regulatory environment and consumer protection – latest reports from ITU Focus Group on Digital Financial Services

Further clarification to help drive development of international framework for regulators, operators and providers in the telecom and financial services sectors Geneva, 12 July 2016 – The International Telecommunication Union (ITU) Focus Group on Digital Financial Services has published two…

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ITU Blog: The foundation of India’s new digital payments platform

India’s government launched its “Unified Payment Interface” in April to bring basic financial services to Indian citizens using mobile-wireless technology. This would not have been possible without Aadhaar. India’s biometric ID programme began in September 2010. Named Aadhaar after the…

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Press Release: Reaching the world’s two billion unbanked: ITU Focus Group makes steady progress

Group shares initial findings from Digital Financial Services Ecosystem and Consumer Experience and Protection working groups Geneva, 16 June 2016 – Today the International Telecommunication Union (ITU) Focus Group on Digital Financial Services has published the first of a series of…

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