Responsible Digital Finance Ecosystem (RDFE): A Conceptual …
网页This working paper presents a conceptual framework for achieving a Responsible Digital Finance Ecosystem (RDFE), where a wide range of actors—financial sector and other authorities, DFS providers, consumer representatives, and market facilitators—come together to safeguard consumers from potential harm and ensure that digital financial ...
How Digital Finance Boosts Access to Basic Services
网页Digital payments ensure a reliable revenue stream for businesses while making it easier for customers to access a range of other digital financial services that build from their payments record. CGAP is examining financing mechanisms and business models to support innovative solutions for delivering energy, water and education.
Rethinking Consumer Protection: A Responsible Digital Finance
网页2022年8月17日 · A responsible digital finance ecosystem is a win-win-win approach where policy makers, providers and consumers all benefit by fulfilling these three conditions, with the assistance of market facilitators. 1. Customer-centricity better protects consumers by putting them at the core of any initiative.
Regulation for Inclusive Digital Finance - CGAP
网页2018年10月10日 · A how-to guide for financial sector policy makers on successfully managing the interplay among four core objectives – financial inclusion, stability, integrity and consumer protection. Digital financial services (DFS) have become the leading driver of inclusion for the unbanked around the world, particularly in developing countries.
Digital Financial Inclusion | CGAP Research & Publications
网页Digital Financial Inclusion. March 2015. Download. With the prospect of reaching billions of new customers, banks and nonbanks have begun to offer digital financial services for financially excluded and underserved populations, building on the approaches that have been used for years to improve access channels for those already served by banks ...
What is Digital Financial Inclusion and Why Does it Matter?
网页2015年3月10日 · Defining the key components of “digital financial inclusion”. “Digital financial inclusion” can be defined broadly as digital access to and use of formal financial services by excluded and underserved populations. Such services should be suited to customers’ needs, and delivered responsibly, at a cost both affordable to customers and ...
Doing Digital Finance Right | CGAP Research & Publications
网页Doing Digital Finance Right. June 2015. Download. Low-income consumers stand to benefit greatly from more accessible and affordable digital financial services (DFS) offerings. Indeed, evidence from consumer research in 16 markets analyzed for this paper indicates that customers highly value and benefit from many basic DFS.
网页ex 3: Illustrative Standards and Codes of Conduct Relevant for Responsible Digital FinanceInterest is growing in exploring the potential for private or public principles, codes of conduct, standards, or “good practices” to improve mitigation of DFS customer risks.48 Table A3-1 offers examples of spe.
Surveys Reveal a Path to Responsible Digital Finance in WAEMU
网页2024年6月20日 · Depending on the country, the surveys showed that between 68% and 90% of users faced risks from using DFS in the past year. These risks have led to financial loss for a large proportion of users in Senegal and Cote d’Ivoire (32% and 40% respectively), but less so in Burkina Faso (16%). In all three countries, the surveys show significant ...
How Responsible Is Digital Finance? 10 Global Insights
网页2014年12月2日 · 1. Seventeen percent believe that digital financial service providers are adequately protecting consumers. A majority of respondents feel that digital financial service providers can do more to safeguard consumers. Only 17% agree with the statement: “Digital financial service providers are currently doing an adequate job of protecting ...