Publications
| Aug 9, 2019
Remittances represent a major source of income for millions of families globally and often a critical first point of entry into the regulated financial market for conventionally unbanked segments of the population. For many families and persons worldwide, their remittance receiving account increases visibility, thus accessibility, of other financial services and encourages people to conduct transactions via more transparent means that are subject to at least some AML/CFT monitoring.
| Jun 6, 2019
Aging is a global phenomenon. The number, and the proportion as a share of the population, of older people are both growing rapidly in many developed and developing countries. Other countries will experience such growth in years to come. The United Nations predicts that, by 2050, there will be over two billion people aged 60 and above worldwide. One in five people in developing countries will be 60 or more.
While definitions and concepts of what constitutes “old” differ around the world, such significant demographic shifts create new challenges for policymakers seeking to achieve sustainable financial inclusion. It is important to address these now, rather than placing unnecessary financial burdens on younger generations or add to inequality.
Report | Feb 22, 2019
Japan’s GPFI 2019 Priorities Paper highlights aging and financial inclusion. This is in line with GPFI's contribution to the overall G20 Finance Track and working on the 2017 Financial Inclusion Action Plan (FIAP) towards 2020, which identifies "the elderly" as one of the vulnerable groups for financial inclusion.
| Dec 6, 2018
The 2018 Buenos Aires Action Plan (the Action Plan) sets out the G20's collective strategy for achieving strong, sustainable, balanced and inclusive growth.
| Dec 6, 2018
This report summarises GPFI activities from December 2017 to December 2018, presents the main achievements under the Argentine Presidency and describes the work towards 2019 throughout the Japanese Presidency.
| Jul 26, 2018
Developed for financial inclusion policymakers and payment service regulators, this note proposes policy options and practical actions that can help moving toward developing open and inclusive digital payment infrastructures, while also incentivizing the acceptance and use of digital payments.
| Jul 26, 2018
The objective of this paper is to provide guidance for countries to use in considering key options to mitigate risks associated with data protection and privacy, especially related to alternative data, but not to direct adoption of unduly prescriptive legislative provisions.
| Jul 26, 2018
According to the 2017 Global Findex Survey, the lack of documentation was the primary barrier to access to financial services cited by 26 percent of unbanked individuals in low income countries. Beyond extending legal ID in order to address these gaps, the introduction of a legal, digital ID could potentially increase the adoption of financial services, furthering the financial inclusion agenda and supporting development goals.
| Jul 25, 2018
The digitalisation of financial products and services, and the consequent need to strengthen digital financial literacy has become an important component of the global policy-making agenda. This guidance aims to identify and promote effective initiatives that enhance digital and financial literacy in light of the unique characteristics, advantages, and risks of digital financial services and channels.
| Jul 25, 2018
In an increasingly digital environment for financial products and services with the potential to support greater financial inclusion and inclusive growth, the need for effective financial consumer protection is more important than ever. At the same time, the policies and approaches developed and adopted by financial consumer protection authorities need to evolve and adapt in line with the environment.
