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Redefining Financial Ecosystems in Asia and the Pacific
0 - Default Title
Description
Building on open banking's secure consumer data exchange, the publication explains how open finance includes services from mortgages to pensions. By using nontraditional credit scoring, it better accommodates underserved businesses and communities who are frequently excluded from the financial mainstream. It underscores the need to develop common standards, strong regulatory frameworks, and robust security practices plus ramp up digital literacy and financial education to ensure open finance realizes its potential.
Product details
Binding:
Paperback
Number of Pages:
60
Release Date:
2024-12-17
Publication Date:
2024-12-17
Publisher:
Asian Development Bank
Languages:
Original:
English
ISBN10:
9292770594
ISBN13:
9789292770594
GPSR Manufacturer Reference:
Weight:
251 g
Height:
216 cm
Width:
280 cm
Thickness:
4 cm
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