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Persistent link: https://www.econbiz.de/10012582321
This paper analyzes the potential for fintech to facilitate cheaper and more efficient remittances, and to enhance … financial inclusion in Central America. Digital remittances remain nascent in the region, primarily reflecting behavioral … alliances between traditional and fintech operators, digital remittances can further reduce transaction costs and reach those …
Persistent link: https://www.econbiz.de/10012610695
. With an estimated 95 million domestic labor migrants, the potential market for remittances is estimated between USD 23 … is a growing market segment that could be promising for financial institutions, as domestic remittances were estimated …
Persistent link: https://www.econbiz.de/10013149106
The G20 had made enhancing cross-border payments a priority. Faster, cheaper, more transparent and more inclusive cross-border payment services have the potential to be transformative for citizens and economies across the world. The Roadmap for Enhancing Cross-Border Payments, launched in 2020,...
Persistent link: https://www.econbiz.de/10015058787
The BoL has been implementing risk-based supervision (RBS) methods on a pilot basis. The RBS manual is now substantially complete, and the BSD staff are applying the RBS methods on a pilot basis. The BSD staff have drafted Institutional Profiles (IP) and Risk Assessment Summaries (RAS) for more...
Persistent link: https://www.econbiz.de/10011940215
This Technical Assistance Report discusses the main findings and recommendations made by the IMF Mission regarding the development of risk-based supervision (RBS) in the Lao People's Democratic Republic. Over the past few months, the Bank of Lao has made great strides in preparing for...
Persistent link: https://www.econbiz.de/10011913008
Persistent link: https://www.econbiz.de/10000914081
The paper reports the outcome of the stress-testing of liquidity risk in the TARGET2 payment system, with the study having been conducted by an ad-hoc group composed of operators and overseers of TARGET2. The study aims to assess the resilience of the system, defined as the network of its...
Persistent link: https://www.econbiz.de/10011627053