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The COVID-19 crisis created conditions for digital finance to accelerate financial inclusion in the Philippines. Anecdotal and survey data suggest that the pandemic has indeed spurred large gains in financial inclusion in the country, with adoption of digital finance as a strong driver. This...
Persistent link: https://www.econbiz.de/10014485023
Financial technology (fintech) for good can help to achieve sustainable development through environmental, social and … governance and regulatory mechanisms around fintech in Canada and abroad is an obstacle toward achieving the UN Sustainable … risks associated with fintech for good while maximizing its benefits. …
Persistent link: https://www.econbiz.de/10014565874
Banking and financial services have traditionally been a heavily regulated industry where technology alone has not been a sufficient factor to transform the operating architectures of the industry. The pervasive view in the financial industry has been that digitalization and its integrational...
Persistent link: https://www.econbiz.de/10012037706
Mobile banking is growing at a remarkable speed around the world. In the process it is creating considerable uncertainty about the appropriate regulatory response to this newly emerging service. This paper sets out a framework for considering the design of regulation of mobile banking. Since it...
Persistent link: https://www.econbiz.de/10010305890
poorest sections of society. In India, financial inclusion emphasizes to include maximum number of people under formal …
Persistent link: https://www.econbiz.de/10010269187
This paper discusses first the role of mobile money accounts to enhance financial inclusion towards vulnerable groups in developing countries in the light of recent empirical evidence. Second, we explore the role of regulation to address risks to consumers and the financial system arising from...
Persistent link: https://www.econbiz.de/10013482895
Who uses mobile money? What is mobile money used for? This paper describes the mobile money adoption patterns following the experimental introduction of mobile money for the first time in rural areas of Southern Mozambique. We use a combination of administrative and household survey data to...
Persistent link: https://www.econbiz.de/10012180127
driven financial innovation; and (iii) what the rise of fintech and bigtech implies for the structure of the financial system …
Persistent link: https://www.econbiz.de/10012610060
Digital technology applied to banking and financial transactions or e-finance in general has made financial services more widely available and affordable to consumers. And with appropriate and affordable technologies and applications, the financially excluded and the unserved can participate in...
Persistent link: https://www.econbiz.de/10012145907
the impacts of financial knowledge on financial access through banking, microfinance, and fintech access using the …
Persistent link: https://www.econbiz.de/10012602921