Electronic Finance: A New Approach to Financial Sector Development?: 431 (World Bank Discussion Papers)

Thomas Glaessner,Stijn Claessens,Daniela Klingebiel

ISBN 10: 0821351044 / ISBN 13: 9780821351048

Published by World Bank Group Publications 2002-03-31, 2002

About this Item

Seller Inventory # 6666-IUK-9780821351048

Bibliographic Details

• Title: Electronic Finance: A New Approach to Financial Sector Development?: 431 (World Bank Discussion Papers)
• Publisher: World Bank Group Publications 2002-03-31
• Publication Date: 2002
• Language: English
• ISBN 10: 0821351044
• ISBN 13: 9780821351048
• Binding: Paperback
• Condition: New

About this title

Synopsis

In recent years, the delivery of financial services has changed consistent with technological advances that have occurred. On-line banking, on-line trading and brokerage services, and capital markets are available and utilized in varying degrees in the industrialized nations of the world. Beyond the availability of services on-line, E-Finance is redefining the cost and competitive structure of financial services. This convergence of technology and financial services provides opportunities for emerging markets to leapfrog in the development and delivery of financial services. This paper identifies issues arising from the spread of E-Finance including the readiness of telecommunications infrastructure, public policy and regulatory requirements, and financial sector development approaches. It hopes to stimulate dialogue on the role E-Finance can play in supporting the World Bank's overall mission.