New G20 White Paper explores the fast-evolving role of standard-setting bodies for financial inclusion
May 11, 2016 Editor 0
In just a few years since the G20’s Global Partnership for Financial Inclusion (GPFI) published its initial White Paper, the role that global financial standard-setting bodies (SSBs) have on “who gets access to what formal financial services at what cost” has been increasingly recognized.
Appreciation has also grown for the important role that digitization of financial services plays in reaching financially excluded and underserved customers, and the implications this development has had on the SSBs.
There is still far to go, but the advances are noteworthy.
The GPFI’s new White Paper, Global Standard-Setting Bodies and Financial Inclusion: The Evolving Landscape documents this progress while flagging the disruptive forces that digital financial services represent for the formal financial system, as well as the opportunities and challenges they carry for the SSBs to develop standards that countries can apply.
- Key lessons for policymakers from China’s financial inclusion experience
- Leveraging ‘suptech’ for financial inclusion in Rwanda
- Can ‘fintech’ innovations impact financial inclusion in developing countries?
- Championing interoperability for financial inclusion: carrot or stick?
- Unlocking innovation in the Middle East through financial inclusion
- Developing a financial inclusion strategy: 5 lessons from Paraguay
Categories: World Bank PSD
Tags: financial inclusion
Insights into the Affordable Medicines Facility-malaria in Ghana: the role of caregivers and licensed chemical sellers in four regions. Multidimensional crop improvement research on grain legumes in Ethiopia
Subscribe to our stories
- SL Crowd Green Solutions September 21, 2020
- Digital transformation in the banking sector: surveys exploration and analytics August 3, 2020
- Why Let Others Disrupt You? Take the Smart Self-Disruption Journey! August 3, 2020
- 5 Tips for Crowdfunding During the Pandemic August 3, 2020
- innovation + africa; +639 new citations August 3, 2020