Report | Jun 15, 2017
The world’s stock of digital data will double every two years through 2020, fueled by the phenomenal intersection of and growth in mobile, cloud, big data and electronic payments. This G20 report takes stock of the range of data, and the range of institutions using the data. It considers the opportunities alternative data presents to narrow the financing gap for SMEs. It also notes the new issues and potential risks raised by this massive increase and diversification of data supply to financial sector stability, and to consumer protection.
Report | Apr 25, 2017
This report examines how countries are implementing measures in line with the G20 High-Level Principles for Digital Financial Inclusion (HLPs) published in 2016—aiming at catalyzing government actions to drive financial inclusion through a focus on digital technologies.Digital financial services, together with effective oversight and supervision, can expand the scale, scope and reach of financial services, and are essential to closing the remaining gaps in financial inclusion. Digital technologies also offer affordable and convenient ways for individuals, households and businesses to save, make payments, access credit, and obtain insurance.
Report | Apr 20, 2017
The Global Partnership for Financial Inclusion 2017 Work Plan presents the key outcomes for the GPFI during 2017. Consistent with the theme of Germany's G20 Presidency in 2017, "Shaping an interconnected world", the GPFI will continue to work in 2017 towards further strengthening the functioning of the GPFI and will pursue the implementation of the 2014 G20 FIAP and subsequent 2017 revised G20 FIAP.In this transition year between the 2014 G20 FIAP and the revised G20 FIAP to be endorsed in May 2017, this 2017 Work Plan is framed in relation to the 2014 G20 FIAP; this approach provides the basis for launching the work of the GPFI to be accomplished this year. It includes a timeline of GPFI events as well.This document presents the key outcomes for the GPFI during 2017. The GPFI currently
| Apr 20, 2017
This is the 2017 Work Plan for the GPFI Markets and Payment Systems Subgroup.The overall goal of the Subgroup is to advance utilisation of payment systems including remittances in the pursuit of increased and sustainable financial inclusion. The Subgroup will focus on emerging technologies and business models and will incorporate strong links to market based approaches through engagement with financial service providers. The Subgroup responds to the call in the G20’s St. Petersburg Development Outlook for the GPFI to explore in 2014 “targeted actions to harness emerging mechanisms such as electronic payments and mobile technology that can significantly improve access”.
| Apr 20, 2017
This is the 2017 Work Plan for the GPFI Financial Consumer Protection and Financial Literacy Subgroup.The objective of the FCPFL Subgroup for the next five years is to build the capacity of developing and emerging economies to implement audience-appropriate, evidence-based financial consumer protection and financial literacy programs. Additionally, the Subgroup will identify best practices, emanating from the public, private, and NGO sectors, in consumer protection and financial education policies that support use of digital financial products and services. The Subgroup will continue its efforts, consistent with the G20’s 2013 St. Petersburg Development Outlook, to increase incentives, financial education, financial literacy, and consumer protection for the poor, with emphasis on
| Apr 20, 2017
This is the 2017 Work Plan for the GPFI SME Finance Subgroup.Consistent with the theme of Germany's G20 Presidency in 2017, "Shaping an interconnected world", the GPFI SME Finance Subgroup will work on the implementation of the following priorities in 2017:Review and update of the G20 Financial Inclusion Action Plan;Roll out of the G20 Implementation Framework on SME financing;Financial Services for SMEs in Sustainable Global Value Chains;Climate smart financing for rural MSMEs - enabling policy frameworks;Implementation of the High Level Principles for Digital Financial Inclusion: Alternative Data and SME Finance; andData Harmonisation.The Subgroup will also continue to work on its continued working agenda under the former Presidencies’ specifically on the following themes: innovation -
| Apr 20, 2017
This is the 2017 Work Plan of the GPFI Regulation and Standard-Setting Bodies (SSBs) Subgroup.The Subgroup's Work Plan is organized around the Objectives (Activities) and Sub-objectives included in the Subgroup’s May 2014 Terms of Reference. It takes into consideration also the expected results under the GPFI Financial Inclusion Action Plan (FIAP) and the related indicators in the results framework included in the Subgroup’s Terms of Reference. In addition, reference is made throughout to the numbered Recommendations from Part VI of second edition of the GPFI White Paper Global Standard-Setting Bodes and Financial Inclusion: The Evolving Landscape.
Report | Feb 9, 2017
Guided by the three pillars of the German G20 Presidency in 2017: building resilience; improving sustainability; and assuming responsibility, the GPFI will develop ongoing processes further and will support the implementation of the G20 Financial Inclusion Action Plan. Important priority areas are:Review and Update of the Financial Inclusion Action Plan: 2030 Agenda and DigitisationImplementation of the High Level Principles for Digital Financial Inclusion: Opportunities and Risks of Digital Financial InclusionImplementation of the G20 Action Plan on SME FinancingFinancial Inclusion of Vulnerable Groups: Forcibly Displaced PersonsCross-cutting issues will be taken into account and there will be a special focus, as far as inclusion is concerned, on gender, youth, poor people and rural areas
Report | Sep 16, 2016
This document contains an outcome-based core competencies framework on financial literacy for adults, developed by the OECD International Network on Financial Education (OECD/INFE) in response to a call from G20 Leaders in 2013. This report highlights a range of financial literacy outcomes that may be considered to be universally relevant and important to sustain or improve financial wellbeing in everyday life.
Report | Sep 16, 2016
Based on an overview of worldwide trends in the development of digital financial services, this OECD International Network on Financial Education (OECD/INFE) report highlights the use and potential of digital tools to achieve higher levels of financial wellbeing and identifies policy challenges and solutions for enhancing financial consumer protection and education frameworks.