Regulating Cash-in Cash-Out Networks in LMICs
Many individuals in low- and middle-income countries (LMICs) face a financial infrastructure gap. One way organizations have begun addressing this financial infrastructure gap in low-income and rural communities is through the provision of digital financial services (DFS). To utilize DFS however, users must be able to convert physical cash into electronic money through cash-in, cash-out (CICO) networks.
Digital Credit Regulatory Oversight, Overlaps, and Gaps
Digital credit refers to loans that are issued remotely (often without any brick-and-mortar infrastructure), automatically (minimizing the time and number of steps between registration and the distribution of loans), and instantly (often in less