Digital financial services are being used to draw more people into the global financial system. Digital financial services must therefore be developed and regulated to safeguard against risk and to secure consumer protection.

Different approaches to regulation, as in Cambodia and in the Philippines, show how regulations can hinder or spur growth.

Read the transcript:

http://bit.ly/2fvgX6L

Read the policy brief, Financial Inclusion in the Digital Age:

https://www.adb.org/publications/financial-inclusion-digital-age

Authors:

Shawn Hunter, manager, Inclusive Finance, The Foundation for Development Cooperation

Valdimir dela Cruz, ADBI associate at the time the brief was published

David Dole, ADBI senior economist https://www.adb.org/adbi/about/staff-profiles/david-dole