What Regulatory Frameworks are More Conducive to Mobile Banking? Empirical Evidence from Findex Data
Mobile banking services offer great potential to expand financial services, particularly payment services, to the poor. They also provide a convenient and cost effective way to access bank accounts. This paper constitutes a first attempt to explain...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2013/10/18378235/regulatory-frameworks-more-conducive-mobile-banking-empirical-evidence-findex-data http://hdl.handle.net/10986/16867 |
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okr-10986-168672021-04-23T14:03:32Z What Regulatory Frameworks are More Conducive to Mobile Banking? Empirical Evidence from Findex Data Gutierrez, Eva Singh, Sandeep ACCOUNTING ANTI-MONEY LAUNDERING ATM BANK ACCOUNTS BANK BRANCHES BANKING INDUSTRIES BANKING LAW BANKING LAWS BANKING LEGISLATION BANKING MODELS BANKING REGULATION BANKING SERVICES BANKING SYSTEMS BRANCHLESS BANKING BUSINESS MODEL CAPABILITIES CAPITALIZATION CENTRAL BANK CIVIL CODE COMMERCIAL BANKS COMPUTERS CONSUMER PROTECTION CONSUMER PROTECTION LAWS CONSUMER PROTECTION REGULATION CONTROLS COUNTRY COMPARISON COUNTRY FIXED EFFECTS CURRENCY DEPOSIT DEPOSITS DEVELOPING COUNTRIES DISCLOSURE DISPUTE RESOLUTION DUE DILIGENCE E-MONEY E-SIGNATURES ECONOMIC DEVELOPMENT ELECTRONIC CURRENCY ELECTRONIC MONEY ELECTRONIC SIGNATURE ELECTRONIC SIGNATURE LAWS ELECTRONIC SIGNATURES EMONEY ENABLING ENVIRONMENT END USERS EXISTENCE OF LAWS FINANCIAL DEVELOPMENT FINANCIAL INNOVATION FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FORMAL BANK ACCOUNT FORMAL BANK ACCOUNTS FORMAL BANKING FRAUD GENERAL POPULATION GEOGRAPHIC DISTRIBUTION GLOBAL PAYMENT INCOME INCOME DISTRIBUTION INNOVATIONS INTERNATIONAL BANK INTEROPERABILITY LEGAL FRAMEWORK LEGISLATION LIABILITY MARKET PARTICIPANTS MARKET PLAYERS MICROFINANCE MOBILE BANKING MOBILE NETWORK MOBILE PHONE MOBILE PHONES MOBILE TRANSACTIONS MONEY LAUNDERING MONEY LAUNDERING LAWS NETWORKS NEW ENTRANTS NONBANKS OPEN ACCESS PAYMENT PLATFORM PAYMENT PROVIDERS PAYMENT SERVICES PAYMENT SYSTEM PC PORTABILITY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROXY REGULATORS REGULATORY AUTHORITIES REGULATORY ENVIRONMENT REGULATORY ENVIRONMENTS REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RESULT RESULTS SUPERVISION TELECOM TELECOMMUNICATION TELECOMMUNICATIONS TERRORISM TRANSACTION TRANSACTION COSTS USER WORLD DEVELOPMENT INDICATORS Mobile banking services offer great potential to expand financial services, particularly payment services, to the poor. They also provide a convenient and cost effective way to access bank accounts. This paper constitutes a first attempt to explain statistically what factors contribute to mobile banking usage, with a particular focus on the regulatory framework. The authors construct an index that measures the existence of laws and regulation that support mobile banking activity for 35 countries. Using variations in regulatory environments across these countries and armed with newly released data on mobile banking usage by approximately 37,000 individuals in these 35 countries, the paper sheds light on the importance of laws and regulation in supporting mobile banking. The analysis finds that a supporting regulatory framework is associated with higher usage of mobile banking for the general population as well as for the unbanked. 2014-02-04T17:50:02Z 2014-02-04T17:50:02Z 2013-10 http://documents.worldbank.org/curated/en/2013/10/18378235/regulatory-frameworks-more-conducive-mobile-banking-empirical-evidence-findex-data http://hdl.handle.net/10986/16867 English en_US Policy Research Working Paper;No. 6652 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING ANTI-MONEY LAUNDERING ATM BANK ACCOUNTS BANK BRANCHES BANKING INDUSTRIES BANKING LAW BANKING LAWS BANKING LEGISLATION BANKING MODELS BANKING REGULATION BANKING SERVICES BANKING SYSTEMS BRANCHLESS BANKING BUSINESS MODEL CAPABILITIES CAPITALIZATION CENTRAL BANK CIVIL CODE COMMERCIAL BANKS COMPUTERS CONSUMER PROTECTION CONSUMER PROTECTION LAWS CONSUMER PROTECTION REGULATION CONTROLS COUNTRY COMPARISON COUNTRY FIXED EFFECTS CURRENCY DEPOSIT DEPOSITS DEVELOPING COUNTRIES DISCLOSURE DISPUTE RESOLUTION DUE DILIGENCE E-MONEY E-SIGNATURES ECONOMIC DEVELOPMENT ELECTRONIC CURRENCY ELECTRONIC MONEY ELECTRONIC SIGNATURE ELECTRONIC SIGNATURE LAWS ELECTRONIC SIGNATURES EMONEY ENABLING ENVIRONMENT END USERS EXISTENCE OF LAWS FINANCIAL DEVELOPMENT FINANCIAL INNOVATION FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FORMAL BANK ACCOUNT FORMAL BANK ACCOUNTS FORMAL BANKING FRAUD GENERAL POPULATION GEOGRAPHIC DISTRIBUTION GLOBAL PAYMENT INCOME INCOME DISTRIBUTION INNOVATIONS INTERNATIONAL BANK INTEROPERABILITY LEGAL FRAMEWORK LEGISLATION LIABILITY MARKET PARTICIPANTS MARKET PLAYERS MICROFINANCE MOBILE BANKING MOBILE NETWORK MOBILE PHONE MOBILE PHONES MOBILE TRANSACTIONS MONEY LAUNDERING MONEY LAUNDERING LAWS NETWORKS NEW ENTRANTS NONBANKS OPEN ACCESS PAYMENT PLATFORM PAYMENT PROVIDERS PAYMENT SERVICES PAYMENT SYSTEM PC PORTABILITY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROXY REGULATORS REGULATORY AUTHORITIES REGULATORY ENVIRONMENT REGULATORY ENVIRONMENTS REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RESULT RESULTS SUPERVISION TELECOM TELECOMMUNICATION TELECOMMUNICATIONS TERRORISM TRANSACTION TRANSACTION COSTS USER WORLD DEVELOPMENT INDICATORS |
| spellingShingle |
ACCOUNTING ANTI-MONEY LAUNDERING ATM BANK ACCOUNTS BANK BRANCHES BANKING INDUSTRIES BANKING LAW BANKING LAWS BANKING LEGISLATION BANKING MODELS BANKING REGULATION BANKING SERVICES BANKING SYSTEMS BRANCHLESS BANKING BUSINESS MODEL CAPABILITIES CAPITALIZATION CENTRAL BANK CIVIL CODE COMMERCIAL BANKS COMPUTERS CONSUMER PROTECTION CONSUMER PROTECTION LAWS CONSUMER PROTECTION REGULATION CONTROLS COUNTRY COMPARISON COUNTRY FIXED EFFECTS CURRENCY DEPOSIT DEPOSITS DEVELOPING COUNTRIES DISCLOSURE DISPUTE RESOLUTION DUE DILIGENCE E-MONEY E-SIGNATURES ECONOMIC DEVELOPMENT ELECTRONIC CURRENCY ELECTRONIC MONEY ELECTRONIC SIGNATURE ELECTRONIC SIGNATURE LAWS ELECTRONIC SIGNATURES EMONEY ENABLING ENVIRONMENT END USERS EXISTENCE OF LAWS FINANCIAL DEVELOPMENT FINANCIAL INNOVATION FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FORMAL BANK ACCOUNT FORMAL BANK ACCOUNTS FORMAL BANKING FRAUD GENERAL POPULATION GEOGRAPHIC DISTRIBUTION GLOBAL PAYMENT INCOME INCOME DISTRIBUTION INNOVATIONS INTERNATIONAL BANK INTEROPERABILITY LEGAL FRAMEWORK LEGISLATION LIABILITY MARKET PARTICIPANTS MARKET PLAYERS MICROFINANCE MOBILE BANKING MOBILE NETWORK MOBILE PHONE MOBILE PHONES MOBILE TRANSACTIONS MONEY LAUNDERING MONEY LAUNDERING LAWS NETWORKS NEW ENTRANTS NONBANKS OPEN ACCESS PAYMENT PLATFORM PAYMENT PROVIDERS PAYMENT SERVICES PAYMENT SYSTEM PC PORTABILITY PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PROXY REGULATORS REGULATORY AUTHORITIES REGULATORY ENVIRONMENT REGULATORY ENVIRONMENTS REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RESULT RESULTS SUPERVISION TELECOM TELECOMMUNICATION TELECOMMUNICATIONS TERRORISM TRANSACTION TRANSACTION COSTS USER WORLD DEVELOPMENT INDICATORS Gutierrez, Eva Singh, Sandeep What Regulatory Frameworks are More Conducive to Mobile Banking? Empirical Evidence from Findex Data |
| geographic_facet |
Latin America & Caribbean |
| relation |
Policy Research Working Paper;No. 6652 |
| description |
Mobile banking services offer great
potential to expand financial services, particularly payment
services, to the poor. They also provide a convenient and
cost effective way to access bank accounts. This paper
constitutes a first attempt to explain statistically what
factors contribute to mobile banking usage, with a
particular focus on the regulatory framework. The authors
construct an index that measures the existence of laws and
regulation that support mobile banking activity for 35
countries. Using variations in regulatory environments
across these countries and armed with newly released data on
mobile banking usage by approximately 37,000 individuals in
these 35 countries, the paper sheds light on the importance
of laws and regulation in supporting mobile banking. The
analysis finds that a supporting regulatory framework is
associated with higher usage of mobile banking for the
general population as well as for the unbanked. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Gutierrez, Eva Singh, Sandeep |
| author_facet |
Gutierrez, Eva Singh, Sandeep |
| author_sort |
Gutierrez, Eva |
| title |
What Regulatory Frameworks are More Conducive to Mobile Banking? Empirical Evidence from Findex Data |
| title_short |
What Regulatory Frameworks are More Conducive to Mobile Banking? Empirical Evidence from Findex Data |
| title_full |
What Regulatory Frameworks are More Conducive to Mobile Banking? Empirical Evidence from Findex Data |
| title_fullStr |
What Regulatory Frameworks are More Conducive to Mobile Banking? Empirical Evidence from Findex Data |
| title_full_unstemmed |
What Regulatory Frameworks are More Conducive to Mobile Banking? Empirical Evidence from Findex Data |
| title_sort |
what regulatory frameworks are more conducive to mobile banking? empirical evidence from findex data |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/10/18378235/regulatory-frameworks-more-conducive-mobile-banking-empirical-evidence-findex-data http://hdl.handle.net/10986/16867 |
| _version_ |
1764434745408618496 |