mobile money at the crossroads final

10
Enabling Environment: Mobile Money at the Crossroads February 16, 2011 Claire Alexandre Financial Services for the Poor

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Page 1: Mobile money at the crossroads final

Enabling Environment: Mobile Money at the Crossroads

February 16, 2011

Claire AlexandreFinancial Services for the Poor

Page 2: Mobile money at the crossroads final

2© 2010 Bill & Melinda Gates Foundation |

Where will regulators land?

April 9, 2023

G20 on Financial Inclusion

Microcredit

Mobile Money Market Deployments

Page 3: Mobile money at the crossroads final

© 2010 Bill & Melinda Gates Foundation |

Banking beyond branches: increasing choice

INSTITUTIONS(Who can issue accounts)

ACCOUNTS(KYC requirements)

DISTRIBUTION(Cash transactions)

BanksMFIs,Coops

Non-banks(e-money)

Full KYCDelegated

KYCNo KYC

BranchesSellingagents

Cashmerchants

E-CHANNELS(Payment instruments)

InternetCards /

POSMobiles

Page 4: Mobile money at the crossroads final

4© 2010 Bill & Melinda Gates Foundation |

Mitigating mobile money risks

April 9, 2023

Technical Platform

Internal Controls

ContractsEnforcement

Technology & operations risk

Financial risk

Systemic risk

Prudential risk if float 100% in bank & segregated

Consumer Protection

Anti Money Laundering

Page 5: Mobile money at the crossroads final

Restricted - Confidential Information

© GSMA 2009

All GSMA meetings are conducted in full compliance with the GSMA’s anti-trust compliance policy

The MMU programme is funded by a grant from the Bill & Melinda Gates Foundation

Marina Solin

Mobile money at cross-roads

Page 6: Mobile money at the crossroads final

Confidential 6

Mitigating mobile money risks

6April 9, 2023

Technical Platform

Internal Controls

ContractsEnforcement

Technology & operations risk

Financial risk

Systemic risk

Prudential risk if float 100% in bank & segregated

Consumer Protection

Anti Money Laundering

Page 7: Mobile money at the crossroads final

Confidential 7

Where will the operators land?

Ambition

Regulatory Situation

Customer Adoption

Page 8: Mobile money at the crossroads final

Confidential 8

Enabling regulatory environment: AML/CFT regulation

Easy registration enables financial

inclusion

Global standard setters

National level

Commercial level

Direct and indirect GSMA

input

GSMA Methodology

Case Study

Page 9: Mobile money at the crossroads final

Confidential 9

Enabling regulatory environment: e-money and payments

Non-banks offer innovative mobile money services

Global standard setters

National level

Commercial level

Direct and indirect GSMA

input

Positive examples &

dialogue

Case Study

Page 10: Mobile money at the crossroads final

Confidential 10

Thank you!

Marina [email protected] +44 7500 795 285