Page 115 - FerMUN 2020 - Futurecasters Global Young Visionaries Summit, 8th-10th January 2020

b. Borrow to develop a business or to put money aside for a financial contingency;

13. Encourages the expansion of the digital financial services ecosystem - including

financial and information and communications technology infrastructure - for the
secure, reliable and low-cost provision of digital financial services to all relevant
geographical areas, in particular underserved rural areas;

14. Suggests the monitoring of progress towards digital financial inclusion through a
comprehensive and robust data measurement and evaluation system; this system

should take advantage of new sources of digital data and enable stakeholders to
analyse and monitor the supply and demand for digital financial services, as well as to
assess the impact of key programmes and reforms;

15. Calls for the cooperation of delegations in the implementation in all countries of
national financial inclusion strategies with a common vision and ambitions of all
stakeholders involved (government, financial regulators, telecom regulators, operators,

FinTech companies...);

16. Requests digital certificate providers to incorporate an encryption system to convert
input data into binary form to ensure online security; including:

a. Requiring all MFS platforms to get their websites certified by the digital
certificate providers by going through the evaluation process,
b. Requiring all MFS companies to provide the copy of their digital certificate on

their home page for customers to view,
c. Requesting that individuals only use those platforms which are certified;

17. Suggests the development of education about digital financial services, including all
populations of all ages, as an effort to clause the access gap, through:
a. Seminars and training for adults and especially those whose jobs could be

impacted by the development of digital financial services,
b. Specific education programs in both developed and developing countries, and
both public and private schools,
c. The use of international funds to make the deployment of these programs

possible in developing countries.

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