1.

Record Nr.

UNINA9910796659603321

Autore

Riley Thyra A

Titolo

Bringing E-money to the Poor : : Successes and Failures / / Thyra A Riley

Pubbl/distr/stampa

Washington, D.C. : , : The World Bank, , 2017

ISBN

1-4648-0463-X

Descrizione fisica

1 online resource (242 pages)

Collana

Directions in Development;Directions in Development - Finance

Disciplina

332.1

Soggetti

Banks and banking

Financial services industry

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Part I. Journey toward a cash-lite society and financial inclusion -- The challenge of financial inclusion -- Digitizing financial inclusion through innovations -- Stakeholders in digital financial inclusion -- Part II. Critical enablers that are game changers in successful e-money deployments -- Policy leadership and enabling regulatory environments -- Innovative uses of infrastructure and digital ecosystems -- Unique identification -- Part III. South Asia digital landscape, future options, and conclusions -- Digital landscape in South Asia -- Opportunities, challenges, and future options in South Asia -- Conclusions.

Sommario/riassunto

Moving toward universal access to financial services is within reach, thanks to new technologies, transformative business models, and ambitious reforms. Instruments such as e-money accounts and mobile accounts, along with debit cards and low-cost traditional bank accounts, can significantly increase financial access for those who are excluded. Bringing e-Money to the Poor: Successes and Failures examines the lessons of success from four country case studies of "gazelles Kenya, South Africa, Sri Lanka, and Thailand" that leapt from limitation to innovation by successfully enabling the deployment of e-money technology. These countries have thereby transformed the landscape of financial access to their poor. In addition, two country case studies (Maldives and the Philippines) yield lessons learned from constraints that stalled e-money deployments. Because technology is



not a silver bullet, the case studies also explore other strategic elements that need to be in place for a country to expand access to financial services through digital technology.