Mexico : New Technology-Enabled Channels to Scale Up Financial Access
This is a technical note for the 2011 the Financial Sector Assessment Program (FSAP) carried out in Mexico. The focus of this document is the new technology-enabled channels to scale up financial access being employed. Key issues such as a pro-incl...
| Main Authors: | , |
|---|---|
| Format: | Financial Sector Assessment Program (FSAP) |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/03/18606015/mexico-new-technology-enabled-channels-scale-up-financial-access-technical-note http://hdl.handle.net/10986/16746 |
| id |
okr-10986-16746 |
|---|---|
| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS POINTS ACCESS TO BANK ACCOUNTS ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCOUNT HOLDER ACCOUNT HOLDERS ACCOUNT MANAGEMENT ACCOUNTING ADVERTISING AFFORDABILITY ANTI-MONEY LAUNDERING ATM CARD ATM NETWORK ATM NETWORKS ATM WITHDRAWAL ATM WITHDRAWALS AUTHENTICATION BACK-UP BALANCE INQUIRIES BANK ACCOUNT BANK ACCOUNTS BANK BRANCH BANK BRANCHES BANK CUSTOMER BANKERS ASSOCIATION BANKING LAW BANKING MODELS BANKING NETWORK BANKING SERVICE BANKING SERVICES BANKS BARRIERS TO ENTRY BORROWING BORROWING COSTS BUSINESS ASSOCIATIONS BUSINESS CONTINUITY BUSINESS DRIVER BUSINESS MODELS BUSINESSES CALL CENTER CALL CENTERS CAPABILITY CAPITAL MARKETS CAPITAL REQUIREMENT CASH DEPOSITS CASH MANAGEMENT CASH PAYMENTS CASH WITHDRAWALS CELL PHONE CELLULAR TECHNOLOGIES CLEARINGHOUSE COMMERCIAL BANKS CONNECTIVITY CONSUMER PROTECTION CONSUMER RIGHTS COOPERATIVES COORDINATION MECHANISMS COST OF CREDIT CREDIT ASSOCIATIONS CREDIT CARD CREDIT CARDS CREDIT LIMIT CREDIT REPORTING CREDIT SCORES CROSS SUBSIDIES CROSS-SUBSIDIES CUSTOMER DATA CUSTOMER REQUEST CUSTOMER SEGMENT CUSTOMER SERVICE DATA SECURITY DEBIT CARD DEBIT CARDS DEBT DELIVERY SYSTEM DEPOSIT DEPOSIT ACCOUNT DEPOSIT ACCOUNTS DEPOSIT INSURANCE DEPOSITOR DEPOSITORS DEPOSITS DEVELOPMENT BANK DISTRIBUTION CHANNELS E-MONEY ECONOMIC ACTIVITY ECONOMIES OF SCALE ELECTRICITY ELECTRONIC ACCOUNT ELECTRONIC FUNDS ELECTRONIC FUNDS TRANSFERS ELECTRONIC PAYMENT ELECTRONIC PAYMENTS ELECTRONIC SERVICES ELECTRONIC TRANSACTION ELECTRONIC TRANSACTIONS EMPLOYEE EMPLOYER EMPLOYERS ENABLING ENVIRONMENT ENCRYPTION FINANCIAL ACCESS FINANCIAL EDUCATION FINANCIAL EXCLUSION FINANCIAL INSTITUTIONS FINANCIAL LITERACY FINANCIAL PRODUCTS FINANCIAL SECTOR ASSESSMENT FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL TRANSACTIONS FINANCING OF ENTERPRISES FRAUD GENDER GOVERNMENT INTERVENTIONS HARD COPIES HARD COPY HOUSEHOLDS HUMAN RESOURCES ID IDENTIFICATION NUMBER INFLATION INFRASTRUCTURE PROVIDER INITIAL INVESTMENT INNOVATION INSPECTION INSURANCE INSURANCE AGENCY INTEREST RATE INTERFACE INTERNATIONAL TELECOMMUNICATIONS INTEROPERABILITY INVESTMENT CAPITAL JOINT VENTURE LAWS LICENSE LICENSES LOAN LOAN REPAYMENTS LOTTERIES MANAGEMENT SYSTEM MANAGEMENT SYSTEMS MANDATES MARKET SHARE MARKETING MASS MARKET MASS TRANSIT MEDIUM ENTERPRISES MENU MENUS MERCHANT MERCHANTS MICROFINANCE MICROINSURANCE MINIMUM BALANCE MOBILE PHONE MOBILE PHONES MOBILE TELEPHONY MONEY TRANSFER MONEY TRANSFERS MUNICIPALITIES NEW BUSINESS NEW TECHNOLOGY NONBANKS ONLINE BANKING OPEN MARKET OUTSOURCING OVERDRAFTS PARTNER BANK PARTNER BANKS PAYMENT SERVICES PAYMENT SYSTEMS PAYMENT TRANSACTIONS PAYMENTS INFRASTRUCTURE PENSION FUNDS PENSIONS PHONE NUMBER PHONE NUMBERS POINT OF SALE POINT-OF-SALE POLICY ENVIRONMENT POLICY FRAMEWORK PRICING PRACTICES PRIVACY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROTOCOLS RECEIPTS REGISTRATION PROCESS REGISTRY REGULATORY FRAMEWORK REGULATORY REQUIREMENTS REMITTANCES REPAYMENT RESULT RESULTS RETAIL OUTLETS RETAIL STORES RETIREMENT REVENUE SHARING RISK MANAGEMENT SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SECURE ACCESS SECURITIES SECURITY STANDARDS SELF-SERVICE SENSITIVE INFORMATION SERVER SMART PHONES SOCIAL WELFARE SPECIALIZED BANKS SUBSIDIARIES SUPERVISION SUPERVISORY AUTHORITIES TAXATION TECHNICAL INFRASTRUCTURE TECHNICAL STANDARDS TECHNOLOGY PLATFORM TELECOMMUNICATIONS TELLERS TRANSACTION TRANSACTION PROCESSING TRANSLATION UNION UNIVERSAL ACCESS UNIVERSAL BANK URBAN AREAS USABILITY USER USERS VALUE CHAIN VERIFICATION WEB WELFARE BENEFITS |
| spellingShingle |
ACCESS POINTS ACCESS TO BANK ACCOUNTS ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCOUNT HOLDER ACCOUNT HOLDERS ACCOUNT MANAGEMENT ACCOUNTING ADVERTISING AFFORDABILITY ANTI-MONEY LAUNDERING ATM CARD ATM NETWORK ATM NETWORKS ATM WITHDRAWAL ATM WITHDRAWALS AUTHENTICATION BACK-UP BALANCE INQUIRIES BANK ACCOUNT BANK ACCOUNTS BANK BRANCH BANK BRANCHES BANK CUSTOMER BANKERS ASSOCIATION BANKING LAW BANKING MODELS BANKING NETWORK BANKING SERVICE BANKING SERVICES BANKS BARRIERS TO ENTRY BORROWING BORROWING COSTS BUSINESS ASSOCIATIONS BUSINESS CONTINUITY BUSINESS DRIVER BUSINESS MODELS BUSINESSES CALL CENTER CALL CENTERS CAPABILITY CAPITAL MARKETS CAPITAL REQUIREMENT CASH DEPOSITS CASH MANAGEMENT CASH PAYMENTS CASH WITHDRAWALS CELL PHONE CELLULAR TECHNOLOGIES CLEARINGHOUSE COMMERCIAL BANKS CONNECTIVITY CONSUMER PROTECTION CONSUMER RIGHTS COOPERATIVES COORDINATION MECHANISMS COST OF CREDIT CREDIT ASSOCIATIONS CREDIT CARD CREDIT CARDS CREDIT LIMIT CREDIT REPORTING CREDIT SCORES CROSS SUBSIDIES CROSS-SUBSIDIES CUSTOMER DATA CUSTOMER REQUEST CUSTOMER SEGMENT CUSTOMER SERVICE DATA SECURITY DEBIT CARD DEBIT CARDS DEBT DELIVERY SYSTEM DEPOSIT DEPOSIT ACCOUNT DEPOSIT ACCOUNTS DEPOSIT INSURANCE DEPOSITOR DEPOSITORS DEPOSITS DEVELOPMENT BANK DISTRIBUTION CHANNELS E-MONEY ECONOMIC ACTIVITY ECONOMIES OF SCALE ELECTRICITY ELECTRONIC ACCOUNT ELECTRONIC FUNDS ELECTRONIC FUNDS TRANSFERS ELECTRONIC PAYMENT ELECTRONIC PAYMENTS ELECTRONIC SERVICES ELECTRONIC TRANSACTION ELECTRONIC TRANSACTIONS EMPLOYEE EMPLOYER EMPLOYERS ENABLING ENVIRONMENT ENCRYPTION FINANCIAL ACCESS FINANCIAL EDUCATION FINANCIAL EXCLUSION FINANCIAL INSTITUTIONS FINANCIAL LITERACY FINANCIAL PRODUCTS FINANCIAL SECTOR ASSESSMENT FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL TRANSACTIONS FINANCING OF ENTERPRISES FRAUD GENDER GOVERNMENT INTERVENTIONS HARD COPIES HARD COPY HOUSEHOLDS HUMAN RESOURCES ID IDENTIFICATION NUMBER INFLATION INFRASTRUCTURE PROVIDER INITIAL INVESTMENT INNOVATION INSPECTION INSURANCE INSURANCE AGENCY INTEREST RATE INTERFACE INTERNATIONAL TELECOMMUNICATIONS INTEROPERABILITY INVESTMENT CAPITAL JOINT VENTURE LAWS LICENSE LICENSES LOAN LOAN REPAYMENTS LOTTERIES MANAGEMENT SYSTEM MANAGEMENT SYSTEMS MANDATES MARKET SHARE MARKETING MASS MARKET MASS TRANSIT MEDIUM ENTERPRISES MENU MENUS MERCHANT MERCHANTS MICROFINANCE MICROINSURANCE MINIMUM BALANCE MOBILE PHONE MOBILE PHONES MOBILE TELEPHONY MONEY TRANSFER MONEY TRANSFERS MUNICIPALITIES NEW BUSINESS NEW TECHNOLOGY NONBANKS ONLINE BANKING OPEN MARKET OUTSOURCING OVERDRAFTS PARTNER BANK PARTNER BANKS PAYMENT SERVICES PAYMENT SYSTEMS PAYMENT TRANSACTIONS PAYMENTS INFRASTRUCTURE PENSION FUNDS PENSIONS PHONE NUMBER PHONE NUMBERS POINT OF SALE POINT-OF-SALE POLICY ENVIRONMENT POLICY FRAMEWORK PRICING PRACTICES PRIVACY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROTOCOLS RECEIPTS REGISTRATION PROCESS REGISTRY REGULATORY FRAMEWORK REGULATORY REQUIREMENTS REMITTANCES REPAYMENT RESULT RESULTS RETAIL OUTLETS RETAIL STORES RETIREMENT REVENUE SHARING RISK MANAGEMENT SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SECURE ACCESS SECURITIES SECURITY STANDARDS SELF-SERVICE SENSITIVE INFORMATION SERVER SMART PHONES SOCIAL WELFARE SPECIALIZED BANKS SUBSIDIARIES SUPERVISION SUPERVISORY AUTHORITIES TAXATION TECHNICAL INFRASTRUCTURE TECHNICAL STANDARDS TECHNOLOGY PLATFORM TELECOMMUNICATIONS TELLERS TRANSACTION TRANSACTION PROCESSING TRANSLATION UNION UNIVERSAL ACCESS UNIVERSAL BANK URBAN AREAS USABILITY USER USERS VALUE CHAIN VERIFICATION WEB WELFARE BENEFITS International Monetary Fund World Bank Mexico : New Technology-Enabled Channels to Scale Up Financial Access |
| geographic_facet |
Latin America & Caribbean Mexico |
| description |
This is a technical note for the 2011
the Financial Sector Assessment Program (FSAP) carried out
in Mexico. The focus of this document is the new
technology-enabled channels to scale up financial access
being employed. Key issues such as a pro-inclusion policy
environment and harnessing technology for financial
inclusion are discussed. Issues relevant to enabling policy
framework, such as new banking regulations for branchless
banking, types of licenses, types of accounts, electronic
transaction mechanisms, use of banking correspondents
outsourcing of operations/IT platforms, as well as other
regulations affecting branchless banking propositions, are
also elaborated on. Segments are devoted to the market,
mobile banking schemes and the consequent recommendations as well. |
| format |
Economic & Sector Work :: Financial Sector Assessment Program (FSAP) |
| author |
International Monetary Fund World Bank |
| author_facet |
International Monetary Fund World Bank |
| author_sort |
International Monetary Fund |
| title |
Mexico : New Technology-Enabled Channels to Scale Up Financial Access |
| title_short |
Mexico : New Technology-Enabled Channels to Scale Up Financial Access |
| title_full |
Mexico : New Technology-Enabled Channels to Scale Up Financial Access |
| title_fullStr |
Mexico : New Technology-Enabled Channels to Scale Up Financial Access |
| title_full_unstemmed |
Mexico : New Technology-Enabled Channels to Scale Up Financial Access |
| title_sort |
mexico : new technology-enabled channels to scale up financial access |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/03/18606015/mexico-new-technology-enabled-channels-scale-up-financial-access-technical-note http://hdl.handle.net/10986/16746 |
| _version_ |
1764434598597492736 |
| spelling |
okr-10986-167462021-04-23T14:03:32Z Mexico : New Technology-Enabled Channels to Scale Up Financial Access International Monetary Fund World Bank ACCESS POINTS ACCESS TO BANK ACCOUNTS ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCOUNT HOLDER ACCOUNT HOLDERS ACCOUNT MANAGEMENT ACCOUNTING ADVERTISING AFFORDABILITY ANTI-MONEY LAUNDERING ATM CARD ATM NETWORK ATM NETWORKS ATM WITHDRAWAL ATM WITHDRAWALS AUTHENTICATION BACK-UP BALANCE INQUIRIES BANK ACCOUNT BANK ACCOUNTS BANK BRANCH BANK BRANCHES BANK CUSTOMER BANKERS ASSOCIATION BANKING LAW BANKING MODELS BANKING NETWORK BANKING SERVICE BANKING SERVICES BANKS BARRIERS TO ENTRY BORROWING BORROWING COSTS BUSINESS ASSOCIATIONS BUSINESS CONTINUITY BUSINESS DRIVER BUSINESS MODELS BUSINESSES CALL CENTER CALL CENTERS CAPABILITY CAPITAL MARKETS CAPITAL REQUIREMENT CASH DEPOSITS CASH MANAGEMENT CASH PAYMENTS CASH WITHDRAWALS CELL PHONE CELLULAR TECHNOLOGIES CLEARINGHOUSE COMMERCIAL BANKS CONNECTIVITY CONSUMER PROTECTION CONSUMER RIGHTS COOPERATIVES COORDINATION MECHANISMS COST OF CREDIT CREDIT ASSOCIATIONS CREDIT CARD CREDIT CARDS CREDIT LIMIT CREDIT REPORTING CREDIT SCORES CROSS SUBSIDIES CROSS-SUBSIDIES CUSTOMER DATA CUSTOMER REQUEST CUSTOMER SEGMENT CUSTOMER SERVICE DATA SECURITY DEBIT CARD DEBIT CARDS DEBT DELIVERY SYSTEM DEPOSIT DEPOSIT ACCOUNT DEPOSIT ACCOUNTS DEPOSIT INSURANCE DEPOSITOR DEPOSITORS DEPOSITS DEVELOPMENT BANK DISTRIBUTION CHANNELS E-MONEY ECONOMIC ACTIVITY ECONOMIES OF SCALE ELECTRICITY ELECTRONIC ACCOUNT ELECTRONIC FUNDS ELECTRONIC FUNDS TRANSFERS ELECTRONIC PAYMENT ELECTRONIC PAYMENTS ELECTRONIC SERVICES ELECTRONIC TRANSACTION ELECTRONIC TRANSACTIONS EMPLOYEE EMPLOYER EMPLOYERS ENABLING ENVIRONMENT ENCRYPTION FINANCIAL ACCESS FINANCIAL EDUCATION FINANCIAL EXCLUSION FINANCIAL INSTITUTIONS FINANCIAL LITERACY FINANCIAL PRODUCTS FINANCIAL SECTOR ASSESSMENT FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL TRANSACTIONS FINANCING OF ENTERPRISES FRAUD GENDER GOVERNMENT INTERVENTIONS HARD COPIES HARD COPY HOUSEHOLDS HUMAN RESOURCES ID IDENTIFICATION NUMBER INFLATION INFRASTRUCTURE PROVIDER INITIAL INVESTMENT INNOVATION INSPECTION INSURANCE INSURANCE AGENCY INTEREST RATE INTERFACE INTERNATIONAL TELECOMMUNICATIONS INTEROPERABILITY INVESTMENT CAPITAL JOINT VENTURE LAWS LICENSE LICENSES LOAN LOAN REPAYMENTS LOTTERIES MANAGEMENT SYSTEM MANAGEMENT SYSTEMS MANDATES MARKET SHARE MARKETING MASS MARKET MASS TRANSIT MEDIUM ENTERPRISES MENU MENUS MERCHANT MERCHANTS MICROFINANCE MICROINSURANCE MINIMUM BALANCE MOBILE PHONE MOBILE PHONES MOBILE TELEPHONY MONEY TRANSFER MONEY TRANSFERS MUNICIPALITIES NEW BUSINESS NEW TECHNOLOGY NONBANKS ONLINE BANKING OPEN MARKET OUTSOURCING OVERDRAFTS PARTNER BANK PARTNER BANKS PAYMENT SERVICES PAYMENT SYSTEMS PAYMENT TRANSACTIONS PAYMENTS INFRASTRUCTURE PENSION FUNDS PENSIONS PHONE NUMBER PHONE NUMBERS POINT OF SALE POINT-OF-SALE POLICY ENVIRONMENT POLICY FRAMEWORK PRICING PRACTICES PRIVACY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROTOCOLS RECEIPTS REGISTRATION PROCESS REGISTRY REGULATORY FRAMEWORK REGULATORY REQUIREMENTS REMITTANCES REPAYMENT RESULT RESULTS RETAIL OUTLETS RETAIL STORES RETIREMENT REVENUE SHARING RISK MANAGEMENT SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SECURE ACCESS SECURITIES SECURITY STANDARDS SELF-SERVICE SENSITIVE INFORMATION SERVER SMART PHONES SOCIAL WELFARE SPECIALIZED BANKS SUBSIDIARIES SUPERVISION SUPERVISORY AUTHORITIES TAXATION TECHNICAL INFRASTRUCTURE TECHNICAL STANDARDS TECHNOLOGY PLATFORM TELECOMMUNICATIONS TELLERS TRANSACTION TRANSACTION PROCESSING TRANSLATION UNION UNIVERSAL ACCESS UNIVERSAL BANK URBAN AREAS USABILITY USER USERS VALUE CHAIN VERIFICATION WEB WELFARE BENEFITS This is a technical note for the 2011 the Financial Sector Assessment Program (FSAP) carried out in Mexico. The focus of this document is the new technology-enabled channels to scale up financial access being employed. Key issues such as a pro-inclusion policy environment and harnessing technology for financial inclusion are discussed. Issues relevant to enabling policy framework, such as new banking regulations for branchless banking, types of licenses, types of accounts, electronic transaction mechanisms, use of banking correspondents outsourcing of operations/IT platforms, as well as other regulations affecting branchless banking propositions, are also elaborated on. Segments are devoted to the market, mobile banking schemes and the consequent recommendations as well. 2014-01-30T19:52:12Z 2014-01-30T19:52:12Z 2013-03 http://documents.worldbank.org/curated/en/2013/03/18606015/mexico-new-technology-enabled-channels-scale-up-financial-access-technical-note http://hdl.handle.net/10986/16746 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Economic & Sector Work Latin America & Caribbean Mexico |