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Book Cover
E-book
Author Riley, Thyra A

Title Bringing E-money to the Poor : Successes and Failures
Published Washington : World Bank Publications, 2015

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Description 1 online resource (245 pages)
Series Directions in Development;Directions in Development - Finance
Directions in Development;Directions in Development - Finance
Contents 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
Summary 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. This publication examines the lessons of success from four country case studies of 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
Bibliography Includes bibliographical references
Notes Print version record
Subject Electronic funds transfers.
Financial exclusion -- Prevention -- Technological innovations
Financial services industry -- Technological innovations
Banks and banking, Mobile.
Banks and banking, Mobile
Electronic funds transfers
Financial services industry -- Technological innovations
Form Electronic book
Author Kulathunga, Anoma
ISBN 9781464810893
1464810893
146480463X
9781464804632