Fintech and the Future of Mobile Money | Combating the Crisis Together

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The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

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  • IMF published this video item, entitled “Fintech and the Future of Mobile Money | Combating the Crisis Together” – below is their description.

    Mobile money has been a lifeline for the unbanked population of low- and middle-income countries. Now, the spread of mobile money and other fintech could yield positive results for public health and safety. But, as IMF economist Majid Bazarbash and statistician Hector Carcel Villanova point out, there are risks and benefits for countries to weigh when creating policy that favors either the service providers or the end user.

    Watch the full length version of this talk here:

    Policy Tracker – Policy Responses to COVID-19:

    IMF YouTube Channel

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