Digital Financial Services
A digital transformation is taking place in the financial services industry, with a host of non-bank innovators offering both customer facing and back office financial technology products and services. This transformation includes emerging market economies, and in many places offers a viable digital alternative to traditional banks, which have left significant populations underbanked. This note explores the challenges and opportunities that financial technology innovations present for banks in these nations.
Main Authors: | , , |
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Format: | Brief biblioteca |
Language: | English |
Published: |
International Finance Corporation, Washington, DC
2017-08
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Subjects: | DIGITAL FINANCE, EMERGING MARKET ECONOMIES, FINANCIAL SERVICES, FINANCIAL TECHNOLOGY, NON-BANK FINANCIAL INSTITUTIONS, FINANCIAL INCLUSION, SME FINANCE, SMALL AND MEDIUM ENTERPRISES, FINTECH, BANKING SYSTEM, |
Online Access: | http://documents.worldbank.org/curated/en/750421502949470705/Digital-financial-services-challenges-and-opportunities-for-emerging-market-banks https://hdl.handle.net/10986/30368 |
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Summary: | A digital transformation is taking place
in the financial services industry, with a host of non-bank
innovators offering both customer facing and back office
financial technology products and services. This
transformation includes emerging market economies, and in
many places offers a viable digital alternative to
traditional banks, which have left significant populations
underbanked. This note explores the challenges and
opportunities that financial technology innovations present
for banks in these nations. |
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