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Fintech, Inclusive Growth and Cyber Risks: Focus on the MENAP and CCA Regions
Author:
Ms. Inutu Lukonga
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Series:
IMF Working Papers
Volume/Issue:
Volume 2018: Issue 201
Language:
English
Publication Date:
11 Sep 2018
DOI:
https://doi.org/10.5089/9781484374900.001
ISBN:
9781484374900
ISSN:
1018-5941
Pages:
51
Keywords:
WP; cyber security; venture capital; CCA country; risk management; Fintech innovation; growth capital; private equity; Fintech; Cyber Risks; Financial Stability; Inclusive Growth and Financial Inclusion; fintech firm; technology company; Mobile banking; Financial inclusion; Cyber risk; Global
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IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Financial technology (fintech) is emerging as an innovative way to achieve financial inclusion and the broader objective of inclusive growth. Thus far, fintech in the MENAP and CCA remains below potential with limited impact on financial inclusion. This paper reviews the fintech landscape in the MENAP and CCA regions, identifies the constraints to the growth of fintech and its contribution to inclusive growth and considers policy options to unlock the potential.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund