Malaysia : Sustainable Adoption of Innovative Channels for Financial Inclusion

This note focuses on the regulatory and market environment relevant to the emergence and adoption of innovative delivery channels to promote greater financial inclusion in Malaysia. Financial inclusion is defined here not only as providing access t...

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Bibliographic Details
Main Author:	World Bank
Format:	Financial Sector Assessment Program (FSAP)
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCESS TO BANK ACCESS TO SERVICES ACCOUNT BALANCE ACCOUNT BALANCES ACCOUNT HOLDERS ACCOUNT NUMBER ACCOUNTING ALTERNATIVE PRODUCTS ANTI-MONEY LAUNDERING ATM AUTHENTICATION BANK ACCESS BANK ACCOUNT BANK ACCOUNTS BANK BRANCH BANK NEGARA MALAYSIA BANK SERVICES BANKING INDUSTRY BANKING SECTOR BANKING SERVICES BANKING SYSTEMS BANKS BARRIER BILL PAYMENTS BUSINESS ENVIRONMENT BUSINESS MODEL BUSINESS MODELS BUSINESS NEEDS BUSINESS OBJECTIVES BUSINESS SERVICES BUSINESSES CAPABILITY CAPITAL MARKETS CARD PURCHASES CASH PAYMENTS CASH TRANSACTIONS CASH WITHDRAWALS CASHLESS TRANSACTIONS CENTRAL BANK CHARGE CARDS CLIENT INFORMATION COMMERCIAL BANKS CONDUCT REQUIREMENTS CONSUMER LOANS CONSUMER PROTECTION CORPORATE CLIENTS COST SAVINGS CREDIT CARD CREDIT CARDS CRIMINAL PURPOSES CROSS SUBSIDIES DEBIT CARD DEBIT CARDS DEPOSIT DEPOSITS DETECTION SYSTEMS DIRECT DEBIT DISTRIBUTION CHANNELS DISTRIBUTION NETWORK DISTRIBUTION NETWORKS DOMESTIC BANKS DUE DILIGENCE E-BANKING E-COMMERCE E-MONEY E-MONEY SCHEMES E-PAYMENTS ELECTRONIC BANKING ELECTRONIC MONEY ELECTRONIC PAYMENT ELECTRONIC PAYMENTS ELECTRONIC TRANSACTIONS ELECTRONIC TRANSFER ELECTRONIC TRANSFER OF FUNDS ELECTRONIC TRANSFERS EMONEY ENCRYPTION EXISTING FINANCIAL SERVICES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SECTOR STABILITY FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL SYSTEM FINANCIAL TRANSACTIONS FIXED COSTS FOREIGN BANKS FRAUD FRAUDS FUND TRANSFERS GOVERNANCE STANDARDS GOVERNMENT SUBSIDIES GROSS DOMESTIC PRODUCT HARDWARE ID ID NUMBER IDENTIFICATION IDENTIFICATION SYSTEMS IDENTITY FRAUD INCOME INCOME LEVELS INDEBTEDNESS INNOVATION INNOVATIONS INSTITUTION DEVELOPMENT INTERFACE INTERFACES INTERNAL CONTROLS INTERNATIONAL BANK INTERNET BANKING INTERNET USERS INTEROPERABILITY ISLAMIC BANKING ISLAMIC BANKS LAND DEVELOPMENT LARGE VALUE PAYMENT LEVEL PLAYING FIELD LIBERALIZATION LIVING STANDARD LOCAL BANKS MARKET ENVIRONMENT MARKET PARTICIPANTS MARKET PLAYERS MARKETING MASS MARKET MATERIAL MEDIUM ENTERPRISES MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MIDDLE-INCOME COUNTRIES MOBILE BANKING MOBILE NETWORK MOBILE PHONE MOBILE PHONES MONETARY FUND MONOPOLY MULTIMEDIA NATIONAL SAVINGS NETWORKS NEW ENTRANTS NEW PRODUCTS NONBANKS ONLINE SYSTEM OPEN ACCOUNTS OUTSOURCING PAYMENT CARD PAYMENT CARD TRANSACTIONS PAYMENT INSTRUMENT PAYMENT INSTRUMENTS PAYMENT NETWORK PAYMENT PRODUCTS PAYMENT SERVICE PAYMENT SERVICES PAYMENT SYSTEM PAYMENT SYSTEMS PAYMENT TRANSACTIONS PAYMENTS INFRASTRUCTURE PAYMENTS SYSTEM PAYMENTS SYSTEMS PHONE NUMBER PHYSICAL ACCESS POINT OF SALE POLICY FRAMEWORK POST OFFICE POST OFFICES PRICING PRACTICES PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCT INNOVATION PROFITABILITY PROTOCOL PUBLIC BANK RAPID EXPANSION REAL TIME DEBIT REAL TIME GROSS SETTLEMENT REGULATOR REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RELIABILITY REMITTANCES RESULT RETAIL PAYMENT RETAIL PAYMENT SYSTEMS RETAIL PAYMENTS RISK MANAGEMENT RISK-MANAGEMENT RTGS SAVINGS SAVINGS BANK SECURITIES SECURITY FEATURES SERVICE PROVIDER SERVICE PROVIDERS SETTLEMENT SYSTEMS SITES SMALL PAYMENTS SMART CARD SMART CARDS STAKEHOLDERS STANDARD MEASUREMENT SUPERMARKET SUPERVISION SUPERVISORY FRAMEWORK TARGETS TAX TELECOMMUNICATION TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TERRORISM TERRORIST TRANSACTION TRANSACTION COSTS TRANSACTION VOLUME TRANSACTION VOLUMES USER USER EXPERIENCE USER INTERFACE USERS USES VALUE PAYMENT SYSTEM VERIFICATION VERIFICATIONS WIRELESS COMMUNICATIONS WITHDRAWAL WITHDRAWAL FACILITIES
Online Access:	http://documents.worldbank.org/curated/en/2013/01/18639521/malaysia-sustainable-adoption-innovative-channels-financial-inclusion-technical-note http://hdl.handle.net/10986/16729