Financial Inclusion Beyond Payments
The report discusses key policy issues that enable and constrain digital savings market development and offers policy considerations within the context of the G20’s High-Level Principles for Digital Financial Inclusion. Based on current market observations, three policy considerations seem most important for facilitating digital savings account deployments: Enable banking institutions to pursue digital savings partnerships with nonbank entities. Support the development of interoperability between banks and nonbank e-money issuers. Harmonize customer due diligence standards for emoney wallets and low-risk bank deposits.
Saved in:
| Main Author: | |
|---|---|
| Format: | Report biblioteca |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019-04-15
|
| Subjects: | SAVINGS ACCOUNT, FINANCIAL INCLUSION, E-SECURITY, BANKING SERVICES, MOBILE BANKING, E-MONEY, |
| Online Access: | http://documents.worldbank.org/curated/en/467421555393243557/Financial-Inclusion-Beyond-Payments-Policy-Considerations-for-Digital-Savings-Technical-Note https://hdl.handle.net/10986/31577 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|