November 29, 2017
Electronic money latest publications
La inclusión financiera es una prioridad en la agenda de gobiernos, reguladores y autoridades internacionales. Un marco regulatorio adecuado es una condición necesaria para avanzar en inclusión financiera. El Índice de Prácticas Regulatorias para la Inclusión Financiera evalúa y compara los marcos regulatorios de 8 países l…
The index assesses and compares the quality of regulations that influence financial inclusion in 8 Latin American countries. It defines three categories of regulatory practices: the enablers, which determine the overall quality of the financial environment; the promoters, which deal with specific market frictions; and the p…
In 2014, just 54% of the adults in developed economies had a banking account, according to the World Bank. And that percentage is even smaller in some regions, as low as 14% in the Middle East.
October 28, 2016
Protection of Customers’ Funds in Electronic Money: a myriad of regulatory approaches
Like all financial services, electronic money presents risks that need to be addressed. National regulatory efforts have followed a myriad of approaches to ensure that customers (i) are effectively protected against loss of their funds in the event of insolvency of the issuer (insolvency risk) and (ii) are able to access th…
In this issue we focus on: Economic issues regarding data protection regulation; Fast retail payments; Improving credit access for the “invisibles”; E-money regulation in Colombia; and Biometrics.
In this issue we focus on: E-commerce in Spain; the EU General Data Protection Regulation; Turkish banks’ digitalisation; the blockchain technology; and Electronic money.
In this first issue we focus on: A first overview of the Digital Economy; Economic development and digital banking; E-money in Latin America; Faster Payments; and Measuring the Digital Economy: the Networked Readiness Index.
April 27, 2015
Extending access to the formal financial system: the banking correspondent business model
New ways of understanding banking, technological improvements, and regulation yield new means of interaction between customers and banks through outsourcing agreements. This paper provides the first harmonised database with information on the number of banking correspondents by country, which helps in measuring access to th…