Mobile money at the crossroads final

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    27-Nov-2014

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  • 1. Enabling Environment:
    Mobile Money at the Crossroads
    Claire Alexandre
    Financial Services for the Poor
    February 16, 2011
  • 2. Where will regulators land?
    2
    February 11, 2011
    G20 on Financial Inclusion
    Microcredit
    Mobile Money Market Deployments
  • 3. Banking beyond branches: increasing choice
    Banks
    MFIs,
    Coops
    Non-banks
    (e-money)
    INSTITUTIONS(Who can issue accounts)
    Full KYC
    DelegatedKYC
    No KYC
    ACCOUNTS(KYC requirements)
    Branches
    Sellingagents
    Cashmerchants
    DISTRIBUTION(Cash transactions)
    Internet
    Cards / POS
    Mobiles
    E-CHANNELS(Payment instruments)
  • 4. Mitigating mobile money risks
    4
    February 11, 2011
    Systemic risk
    Technology & operations risk
    Prudential risk
    if float 100% in bank & segregated
    Financial risk
    Consumer Protection
    Anti Money Laundering
  • 5. Mobile money at cross-roads
    Marina Solin
  • 6. Mitigating mobile money risks
    Systemic risk
    Technology & operations risk
    Prudential risk
    if float 100% in bank & segregated
    Financial risk
    Consumer Protection
    Anti Money Laundering
    February 11, 2011
    6
  • 7. Where will the operators land?
    Ambition
    Regulatory Situation
    Customer Adoption
  • 8. Enabling regulatory environment: AML/CFT regulation
    Direct and indirect GSMA input
    Global standard setters
    Easy registration enables financial inclusion
    National level
    GSMA Methodology
    Commercial level
    Case Study
  • 9. Enabling regulatory environment: e-money and payments
    Direct and indirect GSMA input
    Global standard setters
    Non-banks offer innovative mobile money services
    National level
    Positive examples & dialogue
    Commercial level
    Case Study
  • 10. Thank you!
    Marina Solin
    msolin@gsm.org
    +44 7500 795 285