Digital ID: The Answer to Speeding up Know-Your-Customer and Transactions with Digital Ease? Read more about Digital ID: The Answer to Speeding up Know-Your-Customer and Transactions with Digital Ease? Who owns a person’s identity? How secure is biometric authentication? These questions are critical because identity verification is crucial in complying with know-your-customer measures that financial institutions require to open an account. It is also central to financial inclusion efforts and to the range of human rights set out in international laws and conventions.
Antonio Separovic Keywords cloud native technology financial inclusion finance ICT Read more about Antonio Separovic Antonio is a financial technology expert with more than 20 years of experience in technology and online businesses, including ten years in the microfinance sector. He specializes in using disruptive technology to drive financial inclusion in Asia, Latin America, and Africa. Antonio also served as a senior adviser to InfoSec Global and Ruder Innovations and advised multiple IT organizations.
Remittance Inflows to Asia: Trends and Issues Read more about Remittance Inflows to Asia: Trends and Issues Remittance remains a stable source of external finance in Asia. In 2017, 30.9% of remittances to Asia ($84.2 billion) came from the Middle East, while 27.7% was from within the region.
Digital Financial Services and Financial Inclusion in the Pacific: Opportunities and Challenges Read more about Digital Financial Services and Financial Inclusion in the Pacific: Opportunities and Challenges The Pacific Islands region is one of the least banked in the world. Digital finance could emerge as a major instrument in making financial services reach a larger population in the region by overcoming traditional constraints. However, several challenges remain in the way of digital finance itself which need to be overcome if its true potential for enhancing financial inclusion is to be realized.
2016 FINEX National Conference Report Read more about 2016 FINEX National Conference Report The 2016 Financial Executives (FINEX) National Conference highlighted the importance of financial inclusion in economic growth. In the Philippines, many barriers to financial inclusion still exists. These include availability of access points especially in rural areas, reliable and quailty credit information, and the need to tap the middle income consumers more.
Financial Executives National Conference Read more about Financial Executives National Conference The Financial Executives (FINEX) National Conference in 2016 tackled the importance of financial inclusion in economic development. Its five technical sessions provided inputs on overcoming obstacles to financal inclusion, the advantages of digital financing, and the role of technology in fostering financial inclusion.
Last Mile Access for Inclusive Growth Read more about Last Mile Access for Inclusive Growth Two billion people in the world are financiallly excluded. Half of them reside in Asia. This presentation, given during the 48th FINEX Annual Conference, emphasizes the need to bank the unbanked so that they can gain access to financial services that can help them save, get credit, and invest.
Digital Money: Emerging Issues and Policy Actions in Asia Read more about Digital Money: Emerging Issues and Policy Actions in Asia An increasing number of individuals are now using digital financing, yet many are still unbanked in Asia. In today's digital age, new ways to pay without using cash are now being offered, providing individuals and businesses alike much-sought for convenience and speed. This presentation gives an overview of digital payments and the policies and regulations that affect digital financial services. It also discusses how this new way of banking influences financial inclusion in Asia.
Digital Money Issues and Policy Actions in Asia Read more about Digital Money Issues and Policy Actions in Asia ADB's Shigehiro Shinozaki with Lito Villanueva from FINTQ and Mikko Perez from Ayannah discuss key development issues on digital financial services in Asia, and how effectively they can help promote financial inclusion.
Remittances: Experiences & Lessons from the AFI Network Read more about Remittances: Experiences & Lessons from the AFI Network Remittances have become an important souce of foreign funds for many countries. It has also helped reduce poverty and improve access to health and education. Globally, India is the largest remittance-receiving country, with an estimated $69 billion in 2015. It is followed by the People's Republic of China ($64 billion), and the Philippines ($28 billion). These countries, along with other remittance-receiving countries, face several obstacles. These include money transfer costs and weak or insufficeint e-payment infrastructure.