GSMA developed a COVID-19 Response Tracker to monitor mobile money-specific regulatory, policy, government, and provider interventions globally. In earlier insights from the tracker, GSMA noted that fee waivers, increasing transaction and balance limits, flexible KYC and on-boarding, and social and humanitarian transfers were the most commonly used regulatory measures to fight the immediate impact of
GSMA’s COVID-19 Response Tracker that monitors mobile money-specific regulatory policy, government, and provider interventions globally, is now public. The tracker which is updated weekly collates data from 32 countries, spread across Sub-Saharan Africa (17), East Asia & Pacific (7), South Asia (4), Middle East & North Africa (3), and Latin America & Caribbean (1). Key
This new report by GSMA seeks to demystify the regulatory concerns regarding the use of cloud computing in the mobile money industry and explains how restrictions associated with these concerns can be addressed without prohibiting the use of the cloud. Some of the key concerns include data privacy, national security, economic impact, and supervision by
CGAP’s financial sector specialists argue that risk-based supervision is key to financial inclusion especially for emerging markets and developing economies (EMDE) where supervisory capacity is low and financial innovations are evolving quickly. Risk-based supervision involves building risk profiles, conducting risk assessments and monitoring indicators to systematically identify, measure and monitor risks. Since 2019, CGAP has
“Financial health does not exist in a vacuum. It is inextricably linked to the real economy. Financial health contrives good personal health and education outcomes as well as reduced poverty and inequality,” said Judith Karl, Executive Secretary UNCDF while speaking at a conference on financial health held in Singapore in November 2019. The conference organized
Snapshot 12: “Building the infrastructure for a healthy digital financial ecosystem” addresses one of the key questions of FiDA’s Learning Theme 12. Each Learning Theme addresses a range of topics within the digital finance space. The FiDA Partnership synthesizes the digital finance community’s knowledge of these learning themes as “Snapshots” that cover topics at the