Authorities in Mexico are seeking solutions to the complex task of improving efficiency in the financial and government sectors when identifying individuals and legal entities, while balancing other public-policy...
Open banking has emerged strongly in the past few years as a system to give customers the right to share with parties they trust the information that banks have about them in a secure manner and also as...
An important step to achieve greater financial inclusion is to increase the acceptance and usage of digital payments. Although consumer adoption of digital payments has improved dramatically globally...
The Electronic payment acceptance (EPA) working group is premised on the concept that giving individuals access to transaction accounts is a necessary, though not a sufficient, condition. Beyond achieving...
The World Bank has been leading the Electronic Payment Acceptance (EPA) working group, as part of its work on the Financial Inclusion Global Initiative (FIGI). The objective of this working group is to...
The methodology detailed in this Guide includes two components: (1) qualitative analysis and (2) quantitative analysis (Figure 1). There are advantages and disadvantages of these two approaches. For example...
The shift from paper-based to electronic payment instruments has been taking place for decades, but the level of acceptance and usage of electronic payments varies considerably across countries and payment...
This instrument aims to collect quantifiable data on electronic payments acceptance among merchants in a given jurisdiction and is one of three related data collection instruments detailed in the EPA assessment...
The electronic-payment landscape experienced its biggest transformational shift over the past decade, driven by the emergence of new, innovative, and consumer-centric solutions that are not only remarkably...
This instrument aims to collect comparable data on the Customer Due Diligence (CDD) practices and identification documents used by the financial service providers. CDD as specified in FATF Recommendation...
This paper provides an intelligence-led analysis of the current threat landscape for the financial-service sector across Africa, and an assessment of future trends. African financial-service institutions...
The financial ecosystem is undergoing various changes caused mainly by new technologies and, in particular, digitalization. In this time of transformation, when an incident could easily undermine trust...
Digital ID systems have the potential to improve the reliability, security, privacy, and efficiency of the process of identifying individuals in the financial sector, to the benefit of both customers and...
This paper presents a mapping of the most relevant literature on incentives to expand electronic payments acceptance (EPA) and some country examples where these incentives have been implemented. This note...