Tuesday, May 21, 2013

[MFP] CGAP Newsflash: Digital Cash and the Journey to Financial Inclusion

 


CGAP Newsflash: Digital Cash and the Journey to Financial Inclusion

A new paper by CGAP finds that countries with similar relationships between per capita income and population density are also similar in how they leverage digital money solutions to achieve financial inclusion. Advancing Financial Inclusion through Use of Market Archetypes demonstrates how branchless financial solutions develop differently in three types of markets, grouped by similar economic, demographic and policy environment characteristics. For each of these three market archetypes, this paper suggests a distinct agenda that can help lead the market toward financial inclusion.

Digital cash brings promising opportunities for financial inclusion, but successes have been difficult to extrapolate and sharing lessons across markets remains a challenge. This Focus Note provides a framework that regulators, policy makers, financial service providers, donors, and investors can use to identify the most productive next steps.

Read the full paper and related press release at CGAP.org.


CGAP


 


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