Bill Gates Ripple Mojaloop. I sent XRP to Kenya im 3 sec. World Bank Universal Financial Access by 2020 (UFA2020)
Mojaloop will be expected to connect the six mobile money providers and 44 registered banks upon securing approval.
World Bank Group announced a global vision for financial access and launched Universal Financial Access by 2020 (UFA2020) to enable adults worldwide to gain access to a transaction account.
— The World Bank Group today welcomed the GSMA, the global body representing nearly 800 mobile operators and 300 companies in the broader mobile ecosystem, to its coalition of partners committed to achieve Universal Financial Access (UFA) by the year 2020.
In addition to costs and risks of payments, a lack of interoperability between payment
service providers is a hinderance to financial inclusion. In both developed and developing
worlds, greater payment interoperability would open access to financial services.
Mobile money operators have proven to be a successful and growing solution for
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