Viewpoints

Visa’s Blog – Visa Viewpoints

PERSPECTIVES ON DIGITAL CURRENCY

Oct 18, 2012

Better Than Cash

Better Than Cash Perspectives: Foundations & Multilaterals

Today we offer two new perspectives on the need to accelerate the shift to digital payments from the recent Better Than Cash launch event in New York City from the United Nations Development Programme (UNDP) and the Ford Foundation.

On the ground in 177 countries and territories, the UNDP partners with people at all levels of society to help build nations that can withstand crisis, and drive and sustain the kind of growth that improves the quality of life for everyone.

Helen Clark serves as both Administrator of the UNDP and the chair of the United Nations Development Group (UNDG).  Prior to her appointment with UNDP, Helen Clark served three successive terms (1999 – 2008) as Prime Minister of New Zealand, where she engaged widely in policy development and advocacy across the international, economic, social and cultural spheres.

Helen Clark, Administrator, UNDP and Chair, UNDG

 

The Ford Foundation is an independent, nonprofit grant-making organization. For more than 75 years it has worked with courageous people on the frontlines of social change worldwide, guided by its mission to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement.

Frank DeGiovanni, Director of Financial Assets, Ford Foundation

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Posted by: Douglas Sabo, Visa Corporate Responsibility on October 18, 2012 at 11:51 am

Oct 11, 2012

Better Than Cash Perspectives: Mobile and Women

Continuing the series of perspectives from the recent Better Than Cash launch event in New York City, the next interviews highlight two organizations that clearly understand the value of moving towards electronic payments: the GSMA and Women’s World Banking.

GSMA Mobile for Development brings together their mobile operator members, the wider mobile industry and the development community to drive commercial mobile services for underserved people in emerging markets.

Women’s World Banking is the only microfinance network with an explicit focus on women. Their  network of 39 financial organizations from 27 countries—also known as microfinance institutions—located around the world provide small loans, sometimes as modest as $100, to people to start their businesses.

Chris Locke, Managing Director, GSMA Mobile for Development

 

Mary Ellen Iskenderian, Women’s World Banking

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Posted by: Douglas Sabo, Visa Corporate Responsibility on October 11, 2012 at 2:41 pm

Oct 5, 2012

Better Than Cash Perspectives: Government Commitments

The recent Better Than Cash Alliance launch event in New York City brought together governments, the development community, and the private sector–all aligned around a common goal to shift the world from cash to electronic payments.

We took this opportunity to gather unique perspectives from global leaders tackling this important issue.  Following our set of interviews with leaders from the development community, our next set of international perspectives come from government officials who represent countries that have made commitments to transition to electronic payments, including:

Carolina Trivelli, Development and Social Inclusion, Peru

Florencio Abad, Philippine Secretary of Budget and Management

Dr. Geoffrey Mwau, Economic Secretary, Ministry of Finance, Kenya

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Posted by: Douglas Sabo, Visa Corporate Responsibility on October 5, 2012 at 2:48 pm

Oct 4, 2012

Better Than Cash Alliance Perspectives: The Development Community

Around the world, 2.5 billion people lack access to formal finan­cial services. As a result, most poor households live almost entirely in a cash economy. Shifting to electronic distribution of social benefits, humanitarian aid or payroll can advance financial inclusion and help poor people build savings while achieving cost savings, efficiency and transparency.

The recent Better Than Cash Alliance launch event gathered together governments, the development community, and the private sector–all aligned around a common goal to shift the world from cash to electronic payments.

We took the opportunity to gather unique perspectives from global leaders tackling this important issue.  The first set of perspectives come from members of the development community, including:

Mercy Corps CEO Neal Keny-Guyer

World Food Programme Executive Director Etharin Cousin

CARE CEO Dr. Helene Gayle

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Posted by: Douglas Sabo, Visa Corporate Responsibility on October 4, 2012 at 1:34 pm