Page 4 - Methodology for inter-operator and cross-border P2P money transfers
P. 4
DISCLAIMER
The Financial Inclusion Global Initiative (FIGI) is a three-year program implemented in partnership by the World
Bank Group (WBG), the Committee on Payments and Market Infrastructures (CPMI), and the International Tele-
communication Union (ITU), funded by the Bill & Melinda Gates Foundation (BMGF) to facilitate the implemen-
tation of country-led reforms to attain national financial inclusion targets, and ultimately the global 'Universal
Financial Access 2020' goal. FIGI funds initiatives in three countries-China, Egypt and Mexico; supports work-
ing groups to address three distinct challenges for reaching universal financial access:
(1) the Electronic Payment Acceptance Working Group (led by the WBG),
(2) The Digital ID for Financial Services Working Group (led by the WBG), and
(3) The Security, Infrastructure and Trust Working Group (led by the ITU).
FIGI hosts three annual symposia to assemble national authorities, the private sector, and other relevant stake-
holders to share emerging insights from the Working Groups and country level implementation.
This report is a product of the FIGI Security, Infrastructure and Trust Working Group, led by the Internation-
al Telecommunication Union. The findings, interpretations, and conclusions expressed in this work do not
necessarily reflect the views of the Financial Inclusion Global Initiative partners including the Committee on
Payments and Market Infrastructures, the Bill & Melinda Gates Foundation, the International Telecommuni-
cation Union, or the World Bank (including its Board of Executive Directors or the governments they repre-
sent). The mention of specific companies, or of certain manufacturers’ products does not imply that they are
endorsed nor recommended by ITU in preference to others of a similar nature that are not mentioned. Errors
and omissions excepted, the names of proprietary products are distinguished by initial capital letters. The FIGI
partners do not guarantee the accuracy of the data included in this work. The boundaries, colours, denomina-
tions, and other information shown on any map in this work do not imply any judgment on the part of the FIGI
partners concerning the legal status of any country, territory, city or area or of its authorities or the endorse-
ment or acceptance of such boundaries.
© ITU 2020
Some rights reserved. This work is licensed to the public through a Creative Commons Attribution-Non-Com-
mercial-Share Alike 3.0 IGO license (CC BY-NC-SA 3.0 IGO).
Under the terms of this licence, you may copy, redistribute and adapt the work for non-commercial purposes,
provided the work is appropriately cited. In any use of this work, there should be no suggestion that ITU or
other FIGI partners endorse any specific organization, products or services. The unauthorized use of the ITU
and other FIGI partners’ names or logos is not permitted. If you adapt the work, then you must license your
work under the same or equivalent Creative Commons licence. If you create a translation of this work, you
should add the following disclaimer along with the suggested citation: “This translation was not created by the
International Telecommunication Union (ITU). ITU is not responsible for the content or accuracy of this trans-
lation. The original English edition shall be the binding and authentic edition”. For more information, please
visit https:// creativecommons .org/ licenses/ by -nc -sa/ 3 .0/ igo/ .