Using Broadband to Enhance Financial Inclusion
Inter American Development Bank, Capital Markets and Financial Institutions Division, Discussion Paper Nº IDB-DP-427.
62 Pages Posted: 20 Feb 2010 Last revised: 3 Apr 2016
Date Written: December 10, 2015
This paper provides an overview of the potential for and constraints to using broadband channels and applications to increase financial inclusion globally and specifically in Latin America. We review ten different financial service opportunity areas, including savings services with enhanced personalization options, merchant cash advances, P2P lending and crowdfunding platforms, online lenders leveraging users' digital footprint, and financial education.
Keywords: financial inclusion, broadband
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