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Consumer Risks in Fintech : New Manifestations of Consumer Risks and Emerging Regulatory Approaches

World Bank Group - 2021

Fintech is increasingly recognized as a key enabler for financial sectors worldwide, enabling more efficient and competitive financial markets while expanding access to finance for traditionally underserved consumers. A critical challenge for policy makers is to harness the benefits and...

Persistent link: https://www.econbiz.de/10012603731

Financial Consumer Protection and New Forms of Data Processing Beyond Credit Reporting

World Bank Group - 2018

and market customer-centric digital financial services, create credit scores for consumers with limited credit histories …, meet and facilitate know-your-customer requirements, and minimize the risk of fraud. Yet a great variety of personal … risks arising from the usage of new types of data, beyond traditional credit-reporting frameworks. The note also identifies …

Persistent link: https://www.econbiz.de/10012645806

The Role of Consumer Consent in Open Banking : Financial Inclusion Support Framework

World Bank Group - 2021

Open banking schemes provide consumers with more choice and new financial products and services through the use of technology, particularly application programing interfaces (API's). The main objective of this paper is to provide guidance on how to implement consumer consent protocols to access...

Persistent link: https://www.econbiz.de/10013209030

Mongolia Economic Update, January 2020 : Macroeconomic Stability and Credit Growth

World Bank Group - 2020

While Mongolia's economy is starting to slow from its brisk pace of recent years, the medium-term growth outlook remains firmly positive. The strong economic recovery since 2017 has been underpinned by impressive fiscal outcomes, better coordination of macroeconomic policy, favorable global...

Persistent link: https://www.econbiz.de/10012646883

Analytical Report on Urban Crediting Methodology

World Bank Group - 2020

With an increasing share of populations dwelling in cities, urban emission reduction is gaining priority at the national level. A high share of greenhouse gas (GHG) emissions in the global footprint is ultimately attributable to urban areas; as such, the effect of carbon lockin further increases...

Persistent link: https://www.econbiz.de/10012647170