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This paper first explores the role of digital financial services, e.g. mobile money systems and cryptocurrency-based systems, and their impact on the choice of migrants to send remittances. Secondly we discuss whether alternative remittances sending channels increase access to financial services...
Persistent link: https://www.econbiz.de/10012174434
The cashless transaction system is achieving its growth day by day, as soon as the market becomes globalized and the development of the banking sector more and more the people moves from cash to a cashless system. The cashless system is not just a necessity but also a need of today's order. Over...
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(fintech) application. The aim of the model is to learn from both micro economic financial data and macro economic trends the …
Persistent link: https://www.econbiz.de/10013404473
Despite the rise of investments in fintech, financial services in Africa remain inaccessible to a large segment of the … population, particularly to vulnerable groups including women. However, with uniquely designed fintech products and suitable … the continent. With this article, we provide an up-to-date, bottom-up assessment of the development of fintech products …
Persistent link: https://www.econbiz.de/10013491818
The central goal of this paper is to investigate how to promote financial inclusion by addressing the gaps of consumer protection in Digital Financial Services (DFS). This paper provides policy recommendations that address the asymmetry between payment service providers and consumers. To achieve...
Persistent link: https://www.econbiz.de/10013231035
Digital finance is having an increasing impact across the world. However, amid debates about the promises and perils of the digitalization of financial services, consumer protection may not be a popular topic. In addition to confusion over the definitions of ‘consumer’ and ‘consumer...
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We explore how digital payments, which dominate the payment landscape in Canada, can be made more cognitively accessible. In particular, we are focused on removing cognitive barriers present in many digital interfaces and products. We propose an inclusive approach since involving people with...
Persistent link: https://www.econbiz.de/10015076004