Page 344 - The Digital Financial Services (DFS) Ecosystem
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ITU-T Focus Group Digital Financial Services
Ecosystem
Digital Financial Services (DFS) Glossary
This glossary is a compilation of terms commonly used in the area of digital financial services and an explanation
of what these terms mean.
The terms are grouped by category, rather than alphabetically. There are 7 main categories as shown in the
table below.
Category Scope
Concepts Ideas or high level abstractions relevant to digital financial
services for financial inclusion
Infrastructure The core systems and capabilities that enable DFS
transactions
Products and services Products and services provided to end-users of digital
financial services.
Use cases Situations in which DFS services are used.
Roles Entities involved in the provision of DFS products and
services.
Processes Supporting processes which are necessary parts of the
DFS Ecosystem
Technology Enabling technologies used in the DFS Ecosystem
The table below provides the definitions of the terms.
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