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This note examines the implications of digital innovation for market structure and attendant policies, including financial and competition regulation. There have been several surveys of regulatory responses. This note takes a step back, to look at what the economic theory of banking and...
Persistent link: https://www.econbiz.de/10013254873
Fintech is transforming the global financial landscape. It is creating new opportunities to advance financial inclusion and development in Emerging Markets and Developing Economies (EMDEs), but also presents risks that require updated supervision policy frameworks. Fintech encompasses new...
Persistent link: https://www.econbiz.de/10013254875
This note provides: (1) an overview of new manifestations of consumer risks that are significant and cross-cutting across four key fintech products: digital microcredit, P2PL, investment-based crowdfunding, and e-money; and (2) examples of emerging regulatory approaches to target such risks....
Persistent link: https://www.econbiz.de/10013254876
This technical note is structured in the following manner. Section two provides an overview of the main barriers and frictions that SMEs face to access finance. Section three explores how digitization is an enabler for SME finance and how different fintech solutions address these barriers. The...
Persistent link: https://www.econbiz.de/10013254878
Persistent link: https://www.econbiz.de/10011393448
"While Bangladesh has embarked on a path to reform its financial system, most prominently by privatizing its government …
Persistent link: https://www.econbiz.de/10010522124
This report combines a study undertaken in two phases of the Benin financial sector. Phase 1 of the study, conducted in 2003, provided a diagnostic of the financial system and focused on the state and performance of commercial banks, microfinance institutions, insurance companies and the pension...
Persistent link: https://www.econbiz.de/10012553501
The Libya Financial Sector Review represents a snapshot review of the Libyan financial sector which is based on a fact-finding mission to Tripoli, Libya, in January 2019, discussions with leading participants in the financial sector, and desk research. The report is based on the limited...
Persistent link: https://www.econbiz.de/10013255413
In South Asia, the modern microfinance movement was born in Bangladesh in the 1970s as a response to the prevailing … poverty conditions among its vast rural population. Astonishing growth rates in Bangladesh, particularly during 1990s, created … of the twenty-first century reinforced this trend as the Bangladesh numbers continued to grow impressively; in India, a …
Persistent link: https://www.econbiz.de/10013255594
This report is a review of the Lesotho's financial system covering: i) the macro-financial environment; ii) safety and soundness of the banking system; iii) non-bank financial institutions; and iv) microfinance and finance for small and medium enterprises. The report was based on data and other...
Persistent link: https://www.econbiz.de/10012559424