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dc.titleUsing Broadband to Enhance Financial Inclusion
dc.contributor.authorMas, Ignacio
dc.contributor.orgunitCapital Markets and Financial Institutions Division
dc.coverageLatin America
dc.coverageThe Caribbean
dc.date.available2016-01-12T00:00:00
dc.date.issue2016-01-05T00:00:00
dc.description.abstractThe progress of financial inclusion in the Latin American and Caribbean region is constrained by the high cost of providing and accessing financial services. On the client side, micro- and small-sized firms, as well as low-income households, face high transaction costs as a result of the challenges of getting to points of service and meeting documentation requirements. On the provider side, the lack of economies of scale for financial service transactions and the difficulty to obtain reliable information on these kinds of clients generate high operational costs. These elevated costs can undermine the profitability of serving these market segments that, in turn, weaken competition. This paper provides basic information relating to the prospects and constraints of using broadband channels and applications to increase financial inclusion in the region. It is a useful resource for policymakers, financial institutions, and the broader development community in the Latin American and Caribbean region.
dc.format.extent62
dc.identifier.doihttp://dx.doi.org/10.18235/0007007
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Using-Broadband-to-Enhance-Financial-Inclusion.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectBroadband Service
dc.subjectCredit
dc.subjectFinancial Service
dc.subjectFinancial Inclusion
dc.subject.jelcodeG1 - General Financial Markets
dc.subject.keywordsCaribbean;Latin America;financial inclusion;broadband channels
idb.identifier.pubnumberDiscussion Papers
idb.operationRG-T2506
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